Data as of .
CRWG vs CWVX: which held to its multiple?
Over the days both have traded, CRWG finished 0.8 points from its stated multiple and CWVX 0.6.
ETFIQ Decay Resistance Score: CWVX scores higher
Did it keep up with its own daily multiple, compounded day by day?
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
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| CRWG | CWVX | CRWG | CWVX | CRWG | CWVX | |
| 1 month | −35.6% | −35.4% | −34.8% | −34.8% | −0.8 pts | −0.6 pts |
| 3 months | −42.2% | −41.3% | −23.0% | −23.0% | −19.2 pts | −18.3 pts |
| 6 months | −28.7% | −26.3% | +19.4% | +19.4% | −48.1 pts | −45.7 pts |
| 1 year | −78.0% | −77.0% | −42.1% | −42.1% | −35.9 pts | −34.9 pts |
| Since launch | −87.9% | −83.9% | −72.7% | −58.6% | −15.3 pts | −25.4 pts |
| CRWG Leverage Shares 2X Long CRWV Daily ETF Aims to return twice the daily move of CRWV | CWVX Tradr 2X Long CRWV Daily ETF Aims to return twice the daily move of CRWV | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | +2x |
| On | CRWV | CRWV |
| Segment | company | company |
| Fund returned, 3 months | −42.2% | −41.3% |
| 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 | −18.3 pts |
| Fund returned, 1 year or since launch | −78.0% | −77.0% |
| Difference from stated, over that window | −35.9 pts | −34.9 pts |
| Underlying volatility | 107% | 107% |
| Difference over the days both have traded | −0.8 pts | −0.6 pts |
| Expense ratio | 0.77% | 1.30% |
| Launched | Aug 11, 2025 | Jul 11, 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.
CWVX in plain words
Three months to Sep 11, 2026: CWVX returned −41.3% where its own daily promise gave −39.5%, 1.8 points short. Read the multiple against the whole window instead and +2 times CRWV's −11.5% implies −23.0%, which makes CWVX look 18.3 points short. CWVX aims to return +2 times CRWV's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, CRWG or CWVX?
- Over the window to Sep 11, 2026, CRWG finished 19.2 points from what its multiple implies and CWVX finished 18.3 points from its own, so CWVX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are CRWG and CWVX levered on the same thing?
- Yes. Both are levered on CRWV, CRWG at +2 times and CWVX at +2 times the daily move.
- Which one decays faster, CRWG or CWVX?
- Decay follows how much the underlying moves about. Over this window CRWG’s moved at 107% annualized and CWVX’s at 107%, so CRWG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold CRWG or CWVX 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 CWVX?
- CRWG charges 0.77% a year and CWVX charges 1.30%, 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.
Cite this page. ETFIQ, CRWG against CWVX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CRWG-CWVX Free to use with attribution; the underlying files are at Open data.