Data as of .
CRWC vs CRWL: which held to its multiple?
Over the days both have traded, CRWC finished 4.9 points from its stated multiple and CRWL 5.1.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| CRWC | CRWL | CRWC | CRWL | CRWC | CRWL | |
| 1 month | −18.4% | −18.6% | −13.6% | −13.6% | −4.9 pts | −5.1 pts |
| 3 months | not published | +26.9% | not published | +42.2% | not published | −15.3 pts |
| 6 months | not published | +166.4% | not published | +174.4% | not published | −8.0 pts |
| 1 year | not published | +127.0% | not published | +181.6% | not published | −54.6 pts |
| Since launch | −11.7% | +163.2% | −3.8% | not meaningful | −7.9 pts | not meaningful |
| CRWC Corgi CRWD 2x Daily ETF Aims to return twice the daily move of CRWD | CRWL GraniteShares 2x Long CRWD Daily ETF Aims to return twice the daily move of CRWD | |
|---|---|---|
| Issuer | Corgi | GraniteShares |
| Sets out to return | +2x | +2x |
| On | CRWD | CRWD |
| Segment | company | company |
| Fund returned, 3 months | −18.4% | +26.9% |
| Underlying returned, 3 months | −6.8% | +21.1% |
| What the stated multiple implies, 3 months | −13.6% | +42.2% |
| Difference from stated, 3 months | −4.9 pts | −15.3 pts |
| Fund returned, 1 year or since launch | −11.7% | +127.0% |
| Difference from stated, over that window | −7.9 pts | −54.6 pts |
| Underlying volatility | 90% | 67% |
| Difference over the days both have traded | −4.9 pts | −5.1 pts |
| Expense ratio | not published | 1.50% |
| Launched | Jul 14, 2026 | Nov 12, 2024 |
CRWC in plain words
One month to Sep 11, 2026: CRWC returned −18.4% where its own daily promise gave −17.9%, 0.6 points short. Read the multiple against the whole window instead and +2 times CRWD's −6.8% implies −13.6%, which makes CRWC look 4.9 points short. 4.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CRWC aims to return +2 times CRWD's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. CRWD moved at 90% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
CRWL in plain words
Three months to Sep 11, 2026: CRWL returned +26.9% where its own daily promise gave +33.3%, 6.4 points short. Read the multiple against the whole window instead and +2 times CRWD's 21.1% implies +42.2%, which makes CRWL look 15.3 points short. 8.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CRWL aims to return +2 times CRWD's move each day, then resets. CRWD moved at 67% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, CRWC or CRWL?
- Over the window to Sep 11, 2026, CRWC finished 4.9 points from what its multiple implies and CRWL finished 15.3 points from its own, so CRWC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are CRWC and CRWL levered on the same thing?
- Yes. Both are levered on CRWD, CRWC at +2 times and CRWL at +2 times the daily move.
- Which one decays faster, CRWC or CRWL?
- Decay follows how much the underlying moves about. Over this window CRWC’s moved at 90% annualized and CRWL’s at 67%, so CRWC has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold CRWC or CRWL for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CRWC against CRWL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CRWC-CRWL Free to use with attribution; the underlying files are at Open data.