CRMG

Leverage Shares 2X Long CRM Daily ETF

$11.88
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Leverage Shares 2X Long CRM Daily ETF (CRMG) seeks to provide 2x the daily return of the Salesforce.com, Inc. stock price.

Overview

ETF tracking Leverage Shares 2X Long CRM Daily ETF

Category Leveraged
Issuer Other
Inception Date 2025-04-04
Market Cap $15.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $11.38 - $18.74
VWAP $11.62

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long CRM Daily ETF (CRMG) seeks to provide 2x the daily return of the Salesforce.com, Inc. stock price.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying Salesforce.com stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

  • Provides 2x the daily performance of Salesforce.com stock
  • Utilizes derivatives and leverage to magnify returns
  • Resets exposure daily, not designed for long-term holding
  • Very small asset base of $0 as of latest reporting

⚠️ Primary Risks

  • Significant daily volatility and risk of losses due to leverage
  • Potential for divergence from 2x Salesforce.com performance over time
  • Counterparty risk from use of derivatives
  • Lack of trading history and very small asset base

👤 Best For

This ETF is intended for sophisticated, risk-tolerant investors with a very short investment horizon who are comfortable with the high volatility and risks associated with leveraged, daily-reset products. It is not suitable for long-term buy-and-hold investors.