Data as of .
CRMU vs CRMX: which held to its multiple?
Over the days both have traded, CRMU finished 0.9 points from its stated multiple and CRMX 1.7.
ETFIQ Decay Resistance Score: CRMX scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| CRMU | CRMX | CRMU | CRMX | CRMU | CRMX | |
| 1 month | −17.6% | −16.2% | −5.4% | −5.4% | −12.2 pts | −10.8 pts |
| 3 months | −69.2% | −68.4% | −70.1% | −70.1% | +0.9 pts | +1.7 pts |
| 6 months | −76.5% | −75.6% | −57.9% | −57.9% | −18.6 pts | −17.7 pts |
| Since launch | −85.8% | −93.3% | −83.1% | −104.9% | −2.7 pts | +11.6 pts |
| CRMU Leverage Shares 2X Long CRML Daily ETF Aims to return twice the daily move of CRML | CRMX Tradr 2X Long CRML Daily ETF Aims to return twice the daily move of CRML | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | CRML | CRML |
| Segment | company | company |
| Fund returned, 3 months | −69.2% | −68.4% |
| Underlying returned, 3 months | −35.0% | −35.0% |
| What the stated multiple implies, 3 months | −70.1% | −70.1% |
| Difference from stated, 3 months | +0.9 pts | +1.7 pts |
| Fund returned, 1 year or since launch | −85.8% | −93.3% |
| Difference from stated, over that window | −2.7 pts | +11.6 pts |
| Underlying volatility | 105% | 105% |
| Difference over the days both have traded | +0.9 pts | +1.7 pts |
| Expense ratio | 0.75% | 1.49% |
| Launched | Feb 10, 2026 | Jan 13, 2026 |
CRMU in plain words
Three months to Sep 11, 2026: CRMU returned −69.2% where its own daily promise gave −67.0%, 2.2 points short. Read the multiple against the whole window instead and +2 times CRML's −35.0% implies −70.1%, which makes CRMU look 0.9 points over. 3.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CRMU aims to return +2 times CRML's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. CRML moved at 105% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
CRMX in plain words
Three months to Sep 11, 2026: CRMX returned −68.4% where its own daily promise gave −67.0%, 1.4 points short. Read the multiple against the whole window instead and +2 times CRML's −35.0% implies −70.1%, which makes CRMX look 1.7 points over. CRMX aims to return +2 times CRML's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, CRMU or CRMX?
- Over the window to Sep 11, 2026, CRMU finished 0.9 points from what its multiple implies and CRMX finished 1.7 points from its own, so CRMU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are CRMU and CRMX levered on the same thing?
- Yes. Both are levered on CRML, CRMU at +2 times and CRMX at +2 times the daily move.
- Which one decays faster, CRMU or CRMX?
- Decay follows how much the underlying moves about. Over this window CRMU’s moved at 105% annualized and CRMX’s at 105%, so CRMU has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold CRMU or CRMX for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, CRMU or CRMX?
- CRMU charges 0.75% a year and CRMX charges 1.49%, so CRMU is cheaper. Fees come from each fund's prospectus.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CRMU against CRMX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CRMU-CRMX Free to use with attribution; the underlying files are at Open data.