Leverage Shares 2X Long CRM Daily ETF (CRMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.43 USD
+0.33
(4.074%)
⇧
(Oct. 13, 2026, 12:39 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 3:37 a.m. EDT
This instrument is a leveraged daily ETF tracking CRM, which inherently suffers from severe decay when the underlying asset is flat or trending down. The data confirms a brutal reality: the fund has lost nearly 33% of its value over the last year, dropping from roughly $12 to current levels near $7.80. This is not a temporary dip; it is the mathematical consequence of leverage working against a falling market. The recent price action shows a slight recovery attempt, bouncing off the lows, but the path of least resistance remains downward due to the compounding drag of daily rebalancing. With zero dividends to offset the losses and a statistical forecast model showing low confidence in any reversal, the outlook is bleak. The options market agrees, with traders aggressively buying insurance (puts) rather than betting on a rally. For a leveraged product, this is a classic 'value trap' where the low price reflects the destruction of capital, not a bargain opportunity. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.357496 |
| AutoETS | 0.381102 |
| AutoARIMA | 0.381110 |
| AutoTheta | 0.433235 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 12.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.161 |
| Excess Kurtosis | -1.38 |
As of Oct. 10, 2026, 3:37 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes $4.00 and $6.00) compared to negligible call volume at those levels. While there is some call activity at higher strikes ($11.00-$15.00), the overwhelming weight of capital is in put writing and buying, suggesting a bearish bias or hedging strategy against further declines.
| Attribute | Value |
|---|---|
| All Time High | 19.41 |
| All Time Low | 3.65 |
| Ask | 7.69 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 1,062,790 |
| Average Daily Volume3 Month | 3,270,887 |
| Average Volume | 3,270,887 |
| Average Volume10Days | 1,062,790 |
| Beta3 Year | 0.0 |
| Bid | 6.03 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.8717 |
| Day Low | 8.16 |
| Display Name | 2X Long CRM Daily ETF |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.8973 |
| Fifty Day Average Change | 0.53270054 |
| Fifty Day Average Change Percent | 0.0674535 |
| Fifty Two Week Change Percent | -31.122446 |
| Fifty Two Week High | 14.48 |
| Fifty Two Week High Change | -6.049999 |
| Fifty Two Week High Change Percent | -0.41781765 |
| Fifty Two Week Low | 3.65 |
| Fifty Two Week Low Change | 4.78 |
| Fifty Two Week Low Change Percent | 1.309589 |
| Fifty Two Week Range | 3.65 - 14.48 |
| First Trade Date Milliseconds | 1,743,773,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.32999992 |
| Fullday Change Percent | 4.074073 |
| Fullday Price | 8.43 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,770,595,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-04-04 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of CRM, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long CRM Daily ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143091 |
| Nav Price | 7.7889 |
| Net Assets | 48,064,876.0 |
| Net Expense Ratio | 0.78 |
| Open | 8.28 |
| Previous Close | 8.1 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.32999992 |
| Regular Market Change Percent | 4.074073 |
| Regular Market Day High | 8.8717 |
| Regular Market Day Low | 8.16 |
| Regular Market Day Range | 8.16 - 8.8717 |
| Regular Market Open | 8.28 |
| Regular Market Previous Close | 8.1 |
| Regular Market Price | 8.43 |
| Regular Market Time | 1,791,909,545 |
| Regular Market Volume | 1,442,043 |
| Short Name | Leverage Shares 2X Long CRM Dai |
| Source Interval | 15 |
| Symbol | CRMG |
| Total Assets | 48,064,876 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 93.06664 |
| Trailing Three Month Returns | 93.06664 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.017325 |
| Two Hundred Day Average Change | 1.4126754 |
| Two Hundred Day Average Change Percent | 0.20131253 |
| Type Disp | ETF |
| Volume | 1,442,043 |
| Ytd Return | -0.432531 |