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Launched · SEC filings

Leverage Shares 2x Long CRML Daily ETF

CRMUNasdaqLeverageSharesCThis 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.

$1.56−0.21 (−11.86%) past 5 days

At close: Oct 22, 2026, 4:00 PM ET

C40/ 100

Rank 132 of 380 in Single-Stock Long Leveraged

C40/100Rank 132 of 380inSingle-Stock Long Leveraged
5D price: down, 5 points from 1.77 to 1.56. Range 1.56 to 1.80. Use the arrow keys to read each point.1.601.651.701.751.80
Market opens at 9:30 AM ET.
Expense ratio
0.75%
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
405K sh
52W range
low $1.31high $15.25
Launched
Filings
SEC EDGAR

The ETF.net CRMU Grade

As of · Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
132 of 380
Six-pillar profile for CRMU. Scores out of 100: Cost 70, Risk 33, Mission 65, Tradability 49, Holdings not scored, Durability 44. Strongest: Cost (70). Weakest: Risk (33). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
54
This cap took
−14
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B65 out of 100
    Rank 139 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D33 out of 100
    Rank 261 of 365

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 196 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 217 of 380

Our read on CRMU

ETF.net Research

In short

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

  • Costs 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.
  • Leverage 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
  • 0.75% 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

  • The 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
  • One company, no diversification. A CRML drop of more than 50% in a single trading day would wipe out the investment.leverageshares.com
  • Young and small: launched in 2026, with lighter trading than the household-name single-stock funds. Limit orders matter here.

CRMU Holdings

As of
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 valueHeld by ETFs
1No dataCritical Metals Corp Swap - L - Marex159.65%497,950$3.54MNo data
2No dataCritical Metals Corp.-Swap-Jnst-L19.11%59,588$424KNo data
3No dataCritical Metals Corp Swap - L - Clearstreet18.16%56,638$403KNo data
4No dataFirst American Treasury Obligations Fund 01/01/20404.89%108,540$109KNo data
5No dataCritical Metals Corp Swap - L - Cantor3.08%9,600$68.3KNo data

Showing 1–5 of 5 holdings

CRMU Performance

Launched Feb 10, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
CRMU$6,842
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,247
Jul 22, 2026 to Oct 22, 2026. CRMU $6,842. SPY $10,247. Use the arrow keys to read each point.$7,500$10,000$12,500$15,000Jul 2026Sep 2026Oct 2026

Jul 22, 2026 – Oct 22, 2026

Returns run to the Oct 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.

As of
Trailing total return for CRMU. Periods over one year show the average yearly return.
PeriodCRMU
Year to dateFund launched this yearNo data
1 month−46.0%
3 months−31.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−87.5%

Since listing, Feb 10, 2026

CRMU in the news

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 Oct 22, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Feb 2026. No distributions yet.

CRMU Risk

Risk pillarD33 out of 100Rank 261 of 365 in Single-Stock Long Leveraged

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.
8.79
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.

FMP measures it over up to five years of monthly returns.

CRMU Cost

CRMU cost

$14,482

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CRMU 0.75%

    $14,482

$10,000
30 years

Cost over time

  • CRMU 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CRMU $14,482

Year by year

YearCRMU
10$1,336
20$5,078
30$14,482