Data as of .
CRWX vs CWVX: which held to its multiple?
Over the days both have traded, CRWX finished 1.6 points from its stated multiple and CWVX 0.6.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| CRWX | CWVX | CRWX | CWVX | CRWX | CWVX | |
| 1 month | −36.4% | −35.4% | −34.8% | −34.8% | −1.6 pts | −0.6 pts |
| 3 months | not published | −41.3% | not published | −23.0% | not published | −18.3 pts |
| 6 months | not published | −26.3% | not published | +19.4% | not published | −45.7 pts |
| 1 year | not published | −77.0% | not published | −42.1% | not published | −34.9 pts |
| Since launch | −10.1% | −83.9% | +13.1% | −58.6% | −23.2 pts | −25.4 pts |
| CRWX Corgi CRWV 2x 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 | Corgi | Tradr |
| Sets out to return | +2x | +2x |
| On | CRWV | CRWV |
| Segment | company | company |
| Fund returned, 3 months | −36.4% | −41.3% |
| Underlying returned, 3 months | −17.4% | −11.5% |
| What the stated multiple implies, 3 months | −34.8% | −23.0% |
| Difference from stated, 3 months | −1.6 pts | −18.3 pts |
| Fund returned, 1 year or since launch | −10.1% | −77.0% |
| Difference from stated, over that window | −23.2 pts | −34.9 pts |
| Underlying volatility | 72% | 107% |
| Difference over the days both have traded | −1.6 pts | −0.6 pts |
| Expense ratio | 0.45% | 1.30% |
| Launched | Jul 7, 2026 | Jul 11, 2025 |
CRWX in plain words
One month to Sep 11, 2026: CRWX returned −36.4% where its own daily promise gave −34.9%, 1.5 points short. Read the multiple against the whole window instead and +2 times CRWV's −17.4% implies −34.8%, which makes CRWX look 1.6 points short. 0.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CRWX 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 72% 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. 16.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. CWVX aims to return +2 times CRWV's move each day, then resets. CRWV moved at 107% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, CRWX or CWVX?
- Over the window to Sep 11, 2026, CRWX finished 1.6 points from what its multiple implies and CWVX finished 18.3 points from its own, so CRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are CRWX and CWVX levered on the same thing?
- Yes. Both are levered on CRWV, CRWX at +2 times and CWVX at +2 times the daily move.
- Which one decays faster, CRWX or CWVX?
- Decay follows how much the underlying moves about. Over this window CRWX’s moved at 72% annualized and CWVX’s at 107%, so CWVX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold CRWX 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, CRWX or CWVX?
- CRWX charges 0.45% a year and CWVX charges 1.30%, so CRWX 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, CRWX against CWVX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/CRWX-CWVX Free to use with attribution; the underlying files are at Open data.