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Launched · SEC filings

Leverage Shares 2x Long CRML Daily ETF

CRMUNasdaqCThis 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.

$1.62−0.13 (−7.63%)

At close: Oct 13, 2026, 4:00 PM

C40/ 100

Rank 131 of 380 in Single-Stock Long Leveraged

C40/100Rank 131 of 380inSingle-Stock Long Leveraged
Intraday session: down, 72 prints from 1.75 to 1.62. Range 1.59 to 1.74. Use the arrow keys to read each point.1.651.681.701.7310 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$4M
1Y total return
—
Yield · Last 12 months
—
Holdings
5
Avg volume · 30D
0.4M sh
NAV per share
$1.78
52W range
low $1.36high $15.25
Launched
Filings
SEC EDGAR

The ETF.net CRMU Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
131 of 380
Six-pillar profile for CRMU. Scores out of 100: Cost 67, Risk 26, Mission 78, Tradability 47, Holdings not scored, Durability 43. Strongest: Mission (78). Weakest: Risk (26). 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
51
This cap took
−11
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B67 out of 100
    Rank 87 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A78 out of 100
    Rank 128 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 304 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 199 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.
    C43 out of 100
    Rank 223 of 380

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 Oct 11, 2026
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$109K151
005—Critical Metals Corp Swap - L - Cantor3.08%9,600$68K1

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$4,958
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. CRMU $4,958. SPY $10,332. Use the arrow keys to read each point.$3,364$7,113$10,862Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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−1.7%
3 months−50.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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−86.0%

Since listing, Feb 10, 2026

CRMU in the news

Filtered to CRMU · Single-Stock Long Leveraged

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 12, 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.
8.79
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.

CRMU Cost

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

86 of the 333 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.

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