{
 "ticker": "CRMG",
 "name": "Leverage Shares 2X Long CRM Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/crmg",
 "html": "https://etfiq.com/funds/crmg",
 "markdown": "https://etfiq.com/funds/crmg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: CRMG returned +79.9% where its own daily promise gave +85.7%, 5.8 points short.",
 "key_facts": [
  {
   "key": "what_crm_did",
   "label": "What CRM did",
   "value": "+41.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "CRMG, what CRM did: +41.5%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+85.7%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "CRMG, what 2 times a day gives: +85.7%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+79.9%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "CRMG, what the fund returned: +79.9%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22125.8 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "CRMG, the fund itself cost: \u22125.8 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$50m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "CRMG, net assets: $50m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026",
   "as_of": "2026-10-02",
   "sentence": "CRMG, expense ratio: 0.78% (485BPOS XBRL, Feb 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of CRM, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.92 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "CRM",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$50m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.78%",
   "source": "485BPOS XBRL, Feb 27, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 4, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "60% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u221218.2%",
   "CRM": "\u22128.5%",
   "+2x the move": "\u221217.0%",
   "Difference": "\u22121.2 pts",
   "CRM moved about": "36%"
  },
  {
   "window": "3 months",
   "Fund": "+79.9%",
   "CRM": "+41.5%",
   "+2x the move": "+83.1%",
   "Difference": "\u22123.2 pts",
   "CRM moved about": "60%"
  },
  {
   "window": "6 months",
   "Fund": "+30.3%",
   "CRM": "+26.3%",
   "+2x the move": "+52.5%",
   "Difference": "\u221222.2 pts",
   "CRM moved about": "56%"
  },
  {
   "window": "1 year",
   "Fund": "\u221230.0%",
   "CRM": "\u22120.9%",
   "+2x the move": "\u22121.8%",
   "Difference": "\u221228.2 pts",
   "CRM moved about": "48%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221237.8%",
   "CRM": "\u22121.2%",
   "+2x the move": "\u22122.4%",
   "Difference": "\u221235.5 pts",
   "CRM moved about": "43%"
  }
 ],
 "questions": [
  {
   "q": "Did CRMG return +2 times CRM?",
   "a": "Over the window to Oct 2, 2026, CRM moved +41.5% and CRMG returned +79.9%. 2 times that move is +83.1%, so the fund came out 3.2 points short of it."
  },
  {
   "q": "Why does CRMG not return +2 times over a year?",
   "a": "Because it resets daily. CRMG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}