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CRMU

GradeCNASDAQ Global Market

Leverage Shares 2x Long CRML Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2026-02-10 · SEC filings

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.

$2.45−0.44 (−15.28%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Feb 10, 2026.History starts Feb 10, 2026.
Intraday session: down, 57 prints from 2.89 to 2.45. Range 2.42 to 2.73. Use the arrow keys to read each point.$2.40$2.50$2.60$2.7010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4M
1Y return
—
Yield · Last 12 months
—
Holdings
5
Volume · 30D
0.3M sh
NAV per share
$3.46
52W range
low $1.36high $15.25

The ETF.net CRMU Grade

C

40/ 100

Rank 153 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for CRMU. Scores out of 100: Cost 67, Risk 36, Mission 78, Tradability 35, Holdings not scored, Durability 42. Strongest: Mission (78). Weakest: Tradability (35). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned51This cap took−11Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank113/380 · top 30%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 78
    Category rank130/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank198/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank251/380 · mid-pack

  • 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.
    CScore 42
    Category rank233/380 · mid-pack

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

Our read on CRMU

ETF.net Research

CTwo US ETFs sell 2x daily exposure to Critical Metals Corp. This is the cheap one: 0.75% a year versus 1.49% for the alternative, same daily-reset mechanics, no margin account needed.

Stated mandate

The fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the underlying CRML stock.

Why people hold it

  1. 01Costs 0.75% against 1.49% for the only other 2x CRML fund (CRMX), and sits below the typical fee in the single-stock leveraged crowd.
  2. 02Leverage without a margin account: a Nasdaq-listed 1940 Act fund that targets twice CRML's daily move, and your loss is capped at what you put in.leverageshares.com
  3. 030.75% is the house rate across Leverage Shares' 2x single-stock lineup, which includes some of the strongest implementations in the peer group (UNHG, ASMG, AMDG).

Worth knowing

  1. 01The 2x target resets daily, so multi-day results depend on the path CRML takes. In choppy stretches, returns can trail twice the stock's move.leverageshares.com
  2. 02One company, no diversification. A CRML drop of more than 50% in a single trading day would wipe out the investment.leverageshares.com
  3. 03Young and small: launched in 2026, with lighter trading than the household-name single-stock funds. Limit orders matter here.

CRMU Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
5
Top-10 weight
205%
Largest holding
CRITICAL METALS CORP SWAP - L - MAREX159.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CRITICAL METALS CORP SWAP - L - MAREX159.65%497,950$4M1
002—CRITICAL METALS CORP.-SWAP-JNST-L19.11%59,588$424K1
003—CRITICAL METALS CORP SWAP - L - CLEARSTREET18.16%56,638$403K1
004—First American Treasury Obligations Fund 01/01/20404.89%108,540$109K147
005—CRITICAL METALS CORP SWAP - L - CANTOR3.08%9,600$68K1

Showing 1–5 of 5 holdings

CRMU Performance

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

CRMU$4,598
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. CRMU $4,598. SPY $10,415. Use the arrow keys to read each point.$1,516$6,314$11,112Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 CRMU. Periods over one year show the average yearly return.
PeriodCRMU
Year to dateFund launched this year—
1 month+21.5%
3 months−54.0%
1 yearFund is under 1 year old—
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 CRMU
YearReturn barCRMU
2026 YTD−76.9%

Since listing, Feb 10, 2026

CRMU in the news

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

CRMU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Feb 2026. No distributions yet.

CRMU 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.
—
Launched Feb 2026; fills in after 12 months
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.
—
Launched Feb 2026; fills in after 12 months
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.
—
Launched Feb 2026; fills in after 12 months
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.
8.98
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.

CRMU 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.

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