{"url":"https://etfiq.com/compare/leverage/crca-vs-crcd","section":"compare","title":"CRCA vs CRCD: which held to its multiple? | ETFIQ","description":"CRCA sets out to return +2 times CRCL each day and CRCD -2 times. Over the three months to Sep 30, 2026 they finished \u221225.6 pts and \u22122.9 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, CRCA or CRCD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, CRCA finished 25.6 points from what its multiple implies and CRCD finished 2.9 points from its own, so CRCD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are CRCA and CRCD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Circle Internet, CRCA at +2 times and CRCD at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, CRCA or CRCD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window CRCA\u2019s moved at 85% annualized and CRCD\u2019s at 85%, so CRCA has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold CRCA or CRCD for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, CRCA or CRCD?","acceptedAnswer":{"@type":"Answer","text":"CRCA charges 0.95% a year and CRCD charges 1.50%, so CRCA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"CRCA vs CRCD","item":"https://etfiq.com/compare/leverage/crca-vs-crcd"}]},{"@type":"WebPage","name":"CRCA vs CRCD: which held to its multiple?","description":"CRCA sets out to return +2 times CRCL each day and CRCD -2 times. Over the three months to Sep 30, 2026 they finished \u221225.6 pts and \u22122.9 pts away.","url":"https://etfiq.com/compare/leverage/crca-vs-crcd","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, CRCA finished 8.0 points short and CRCD 0.3 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CRCA and CRCD","description":"CRCA sets out to return +2 times CRCL each day and CRCD -2 times. Over the three months to Sep 30, 2026 they finished \u221225.6 pts and \u22122.9 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/crca-vs-crcd","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7117,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / CRCA vs CRCD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CRCA vs CRCD: which held to its multiple?\n\n Over three months against its own daily promise, CRCA finished 8.0 points short and CRCD 0.3 points short.\n Copy this for sharing \n \n ProShares Ultra CRCL and T-REX 2X INVERSE CRCL DAILY TARGET ETF.\n\n Download as PDF \n\n +39.7% CRCA returned, 3 months \n \u221268.2% CRCD returned, 3 months \n \u221225.6 pts CRCA from its stated multiple \n \u22122.9 pts CRCD from its stated multiple \n\n ETFIQ Decay Resistance Score: CRCD scores higher\n Did it keep","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/crca-vs-crcd","a":{"ticker":"CRCA","name":"ProShares Ultra CRCL","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CRCA returned +39.7% where its own daily promise gave +47.6%, 8.0 points short.","url":"https://etfiq.com/funds/crca","key_facts":[{"label":"What CRCL did","value":"+32.6%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+47.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+39.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22128.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$99m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"CRCD","name":"T-REX 2X INVERSE CRCL DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CRCD returned \u221268.2% where its own daily promise gave \u221267.8%, 0.3 points short.","url":"https://etfiq.com/funds/crcd","key_facts":[{"label":"What CRCL did","value":"+32.6%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221267.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221268.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$9m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/crca-vs-crcd"}