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Data as of .

CRWG vs CRWU: which held to its multiple?

Over the days both have traded, CRWG finished 0.8 points from its stated multiple and CRWU 0.5.

Leverage Shares 2X Long CRWV Daily ETF and T-REX 2X Long CRWV Daily Target ETF, side by side, leveraged ETFs on ETFIQ.

−42.2%CRWG returned, 3 months
−41.1%CRWU returned, 3 months
−19.2 ptsCRWG from its stated multiple
−18.1 ptsCRWU from its stated multiple

ETFIQ Decay Resistance Score: CRWU scores higher

Did it keep up with its own daily multiple, compounded day by day?

CRWG 46CRWU 82.20.1, the lowest in this set99.9, the highest

A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed

CRWG19.2 pts short of its label · 3 months to Sep 11, 2026
CRWV −11.5% ×2 implies−23.0%CRWG returned−42.2%CRWV −11.5% ×2 implies−23.0%CRWG returned−42.2%
CRWU18.1 pts short of its label · 3 months to Sep 11, 2026
CRWV −11.5% ×2 implies−23.0%CRWU returned−41.1%CRWV −11.5% ×2 implies−23.0%CRWU returned−41.1%

Performance, window by window

CRWG and CRWU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
CRWGCRWUCRWGCRWUCRWGCRWU
1 month−35.6%−35.3%−34.8%−34.8%−0.8 pts−0.5 pts
3 months−42.2%−41.1%−23.0%−23.0%−19.2 pts−18.1 pts
6 months−28.7%−26.1%+19.4%+19.4%−48.1 pts−45.5 pts
1 year−78.0%−77.3%−42.1%−42.1%−35.9 pts−35.2 pts
Since launch−87.9%−82.7%−72.7%−46.1%−15.3 pts−36.7 pts
Open the live comparison on ETFIQ
CRWG and CRWU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
CRWG
Leverage Shares 2X Long CRWV Daily ETF
Aims to return twice the daily move of CRWV
CRWU
T-REX 2X Long CRWV Daily Target ETF
Aims to return twice the daily move of CRWV
IssuerLeverage SharesT-REX
Sets out to return+2x+2x
OnCRWVCRWV
Segmentcompanycompany
Fund returned, 3 months−42.2%−41.1%
Underlying returned, 3 months−11.5%−11.5%
What the stated multiple implies, 3 months−23.0%−23.0%
Difference from stated, 3 months−19.2 pts−18.1 pts
Fund returned, 1 year or since launch−78.0%−77.3%
Difference from stated, over that window−35.9 pts−35.2 pts
Underlying volatility107%107%
Difference over the days both have traded−0.8 pts−0.5 pts
Expense ratio0.77%1.50%
LaunchedAug 11, 2025Jul 25, 2025

CRWG in plain words

Three months to Sep 11, 2026: CRWG returned −42.2% where its own daily promise gave −39.5%, 2.7 points short. Read the multiple against the whole window instead and +2 times CRWV's −11.5% implies −23.0%, which makes CRWG look 19.2 points short. 16.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CRWG aims to return +2 times CRWV'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. CRWV moved at 107% 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.

CRWU in plain words

Three months to Sep 11, 2026: CRWU returned −41.1% where its own daily promise gave −39.5%, 1.7 points short. Read the multiple against the whole window instead and +2 times CRWV's −11.5% implies −23.0%, which makes CRWU look 18.1 points short. CRWU aims to return +2 times CRWV's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, CRWG or CRWU?
Over the window to Sep 11, 2026, CRWG finished 19.2 points from what its multiple implies and CRWU finished 18.1 points from its own, so CRWU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRWG and CRWU levered on the same thing?
Yes. Both are levered on CRWV, CRWG at +2 times and CRWU at +2 times the daily move.
Which one decays faster, CRWG or CRWU?
Decay follows how much the underlying moves about. Over this window CRWG’s moved at 107% annualized and CRWU’s at 107%, so CRWG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRWG or CRWU 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.
Which is cheaper, CRWG or CRWU?
CRWG charges 0.77% a year and CRWU charges 1.50%, so CRWG is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

CRWG against CRWU, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CRWG against CRWU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CRWG-CRWU Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources