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CRMG

GradeANASDAQ Global Select

Leverage Shares 2x Long CRM Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-04-04

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$8.64+0.45 (+5.49%)

As of Sep 23, 2026, 2:25 PM EDT

History starts Apr 4, 2025.
Intraday session: up, 60 prints from 8.19 to 8.64. Range 8.31 to 8.72. Use the arrow keys to read each point.$8.30$8.40$8.50$8.7010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$51M
1Y return
−36.7%
Yield · Last 12 months
—
Holdings
6
Volume · 30D
3.8M sh
NAV per share
$8.42
52W range
low $3.65high $14.48

The ETF.net CRMG Grade

A

70/ 100

Rank 7 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for CRMG. Scores out of 100: Cost 67, Risk 56, Mission 80, Tradability 91, Holdings not scored, Durability 66. Strongest: Tradability (91). Weakest: Risk (56). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank112/380 · top 29%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 80
    Category rank125/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank99/285 · top 35%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 91
    Category rank14/380 · top 4%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank89/380 · top 23%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CRMG

ETF.net Research

AA 2x daily Salesforce trade you can buy like any share. Leverage Shares prices it at 0.75%, under the 0.96% the big-name 2x single-stock funds charge, and the leverage resets every trading day.

Stated mandate

The Fund seeks pre-expense daily returns equal to twice the daily percentage change in Salesforce, Inc. common stock. It is not designed to pursue that objective over periods other than a single trading day.

Why people hold it

  1. 01Charges 0.75% a year, below the 0.96% on Direxion's 2x single-stock funds such as AAPU and GGLL, and below the typical fee in the leveraged single-stock crowd.
  2. 02One decision, one stock: it aims for twice the daily percentage move in Salesforce shares before expenses, no options chain or margin borrowing on your end.leverageshares.com
  3. 032x, not 3x. A milder daily dial than the triple-leverage products, with the same single-ticker simplicity.
  4. 04Actively traded, and it stands among the stronger implementations in a crowded field of leveraged single-stock funds.

Worth knowing

  1. 01The 2x target resets daily. Hold longer than a day and compounding takes over, so results can drift well away from 2x the stock's move over that stretch.
  2. 02Everything rides on one company. A Salesforce earnings gap or guidance cut hits here at double speed, with no other holdings to soften it.
  3. 03Launched in 2025 and built for trading, not income: it has not paid a distribution, and the track record is still short.

CRMG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
6
Top-10 weight
211%
Largest holding
SALESFORCE INC SWAP - L - CLEARSTREET113.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SALESFORCE INC SWAP - L - CLEARSTREET113.42%286,388$60M1
002—SALESFORCE INC SWAP - L - CANTOR47.47%119,865$25M1
003—SALESFORCE INC INC SWAP - L - MAREX25.06%63,270$13M1
004—SALESFORCE, INC.-SWAP-NBCB-L14.02%35,400$7M1
005—First American Treasury Obligations Fund 01/01/204011.45%6,049,191$6M147

Showing 1–5 of 5 holdings

CRMG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CRMG$6,329
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CRMG $6,329. SPY $11,723. Use the arrow keys to read each point.$2,214$7,341$12,469Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CRMG. Periods over one year show the average yearly return.
PeriodCRMG
Year to date−40.3%
1 month+18.5%
3 months+116.7%
1 year−36.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CRMG
YearReturn barCRMG
2026 YTD−40.3%
2025+3.7%

Since listing, Apr 4, 2025

CRMG in the news

ETF.net Research hasn’t filed on CRMG yet — coverage lands here as it’s written.

CRMG Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

CRMG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
105.8%
Annualised · 16 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.06
vs 3-month T-bills · 16 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−79.8%
17 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.43
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CRMG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

CRMG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.