CRMG vs SMST

Comparison between LEVERAGE SHARES 2X LONG CRM DAILY ETF (CRMG, ETF) and DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF).

CRMG vs SMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CRMG(ETF)	SMST(ETF)
Net Assets	$49M	$49M
Max Drawdown	79.83%	99.25%
Sharpe Ratio	-1.11	1.43
5Y Beta	1.46	-4.81

Net Assets

Winner

CRMG

$49M

SMST

$49M

Max Drawdown

Winner

CRMG

79.83%

SMST

99.25%

Sharpe Ratio

CRMG

-1.11

Winner

SMST

1.43

5Y Beta

CRMG

1.46

Winner

SMST

-4.81

CRMG vs SMST - Holdings Comparison

CRMG and SMST have 0 common holdings. Overlap is 0.00%

CRMG's top 25 holdings weight is 9.52%. SMST's top 25 holdings weight is 1.40%.

Rank	CRMG	SMST
#1	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 9.52%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.40%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

CRMG vs SMST - Historical Returns

Returns include dividend reinvestment.

Period	CRMG	SMST
1 month	+25.40%	-6.64%
3 months	-24.40%	+55.36%
6 months	-49.63%	-27.40%
1 year	-67.93%	+166.72%
Max(CAGR)	-54.71%	-84.25%

Winner

CRMG

+25.40%

SMST

-6.64%

CRMG

-24.40%

Winner

SMST

+55.36%

CRMG

-49.63%

Winner

SMST

-27.40%

CRMG

-67.93%

Winner

SMST

+166.72%

Max(CAGR)

Winner

CRMG

-54.71%

SMST

-84.25%

CRMG vs SMST - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CRMG	SMST
2026	-62.14%	-38.26%
2025	+3.69%	-39.90%
2024	N/A	-90.90%

CRMG vs SMST Drawdown Comparison

The maximum drawdown for CRMG was -79.83%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for SMST was -99.25%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The current CRMG drawdown is -74.70%. The current SMST drawdown is -97.74%.

Rank	CRMG	SMST
#1	-79.83% May 16, 2025 - Jun 22, 2026	-99.25% Sep 6, 2024 - Jul 16, 2025
#2	-21.05% Apr 9, 2025 - Apr 25, 2025	-18.07% Aug 22, 2024 - Sep 3, 2024
#3	-3.21% May 8, 2025 - May 12, 2025	-3.13% Sep 3, 2024 - Sep 5, 2024
#4	-1.79% May 2, 2025 - May 7, 2025	N/A
#5	-1.68% Apr 25, 2025 - Apr 30, 2025	N/A
#6	-0.31% Apr 7, 2025 - Apr 9, 2025	N/A

Correlation

Correlation between CRMG and SMST is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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