Which came closer to its stated multiple, CRCA or CRCG?

Over the window to Sep 30, 2026, CRCA finished 25.6 points from what its multiple implies and CRCG finished 25.1 points from its own, so CRCG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CRCA and CRCG levered on the same thing?

Yes. Both are levered on Circle Internet, CRCA at +2 times and CRCG at +2 times the daily move.

Which one decays faster, CRCA or CRCG?

Decay follows how much the underlying moves about. Over this window CRCA’s moved at 85% annualized and CRCG’s at 85%, so CRCA has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold CRCA or CRCG 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, CRCA or CRCG?

CRCA charges 0.95% a year and CRCG charges 0.78%, so CRCG is cheaper. Fees come from each fund's prospectus.

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CRCA vs CRCG: which held to its multiple?

Over the days both have traded, CRCA finished 4.5 points from its stated multiple and CRCG 4.3. ProShares Ultra CRCL and Leverage Shares 2X Long CRCL Daily ETF.

+39.7%

CRCA returned, 3 months

+40.2%

CRCG returned, 3 months

−25.6 pts

CRCA from its stated multiple

−25.1 pts

CRCG from its stated multiple

CRCA · 3 months to Sep 30, 202625.6 pts short of its stated multiple

CRCA returned +39.7% while 2 times CRCL's move would have been +65.3%

CRCG · 3 months to Sep 30, 202625.1 pts short of its stated multiple

CRCG returned +40.2% while 2 times CRCL's move would have been +65.3%

ETFIQ Decay Resistance Score · CRCG scores higherDid it keep up with its own daily multiple, compounded day by day?

CRCA 4.4

CRCG 5.9

0.1, the lowest in this set99.9, the highest

A percentile among the 470 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

	Total return		Multiple would give		Difference
Window	CRCA	CRCG	CRCA	CRCG	CRCA	CRCG
1 month	−32.5%	−32.3%	−28.0%	−28.0%	−4.5 pts	−4.3 pts
3 months	+39.7%	+40.2%	+65.3%	+65.3%	−25.6 pts	−25.1 pts
6 months	−52.5%	−51.9%	−18.9%	−18.9%	−33.7 pts	−33.0 pts
1 year	−87.8%	−87.2%	−76.0%	−76.0%	−11.7 pts	−11.2 pts
Since launch CRCA Aug 2025 · CRCG Aug 2025	−92.0%	−92.4%	−92.5%	−98.0%	+0.6 pts	+5.7 pts

CRCA and CRCG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CRCA

ProShares Ultra CRCL · Aims to return twice the daily move of Circle Internet (CRCL)

CRCG

Leverage Shares 2X Long CRCL Daily ETF · Aims to return twice the daily move of Circle Internet (CRCL)

Issuer ProShares Leverage Shares

Sets out to return +2x +2x

Underlying asset CRCL CRCL

Segment company company

Fund returned, 3 months or since launch +39.7% +40.2%

Underlying returned, over that window +32.6% +32.6%

What the stated multiple implies, over that window +65.3% +65.3%

Difference from stated, over that window −25.6 pts −25.1 pts

Fund returned, 1 year or since launch −87.8% −87.2%

Difference from stated, over that window −11.7 pts −11.2 pts

Underlying volatility 85% 85%

Difference over the days both have traded −4.5 pts −4.3 pts

Expense ratio 0.95% 0.78%

Launched Aug 7, 2025 Aug 11, 2025

Net assets $99m $118m

CRCA and CRCG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CRCA in plain words

Three months to Sep 30, 2026: CRCA returned +39.7% where its own daily promise gave +47.6%, 8.0 points short. Read the multiple against the whole window instead and 2 times CRCL's 32.6% implies +65.3%, which makes CRCA look 25.6 points short. 17.7 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CRCA aims to return +2 times CRCL'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. CRCL moved at 85% 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.

CRCG in plain words

Three months to Sep 30, 2026: CRCG returned +40.2% where its own daily promise gave +47.6%, 7.5 points short. Read the multiple against the whole window instead and 2 times CRCL's 32.6% implies +65.3%, which makes CRCG look 25.1 points short. CRCG aims to return +2 times CRCL's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, CRCA or CRCG?: Over the window to Sep 30, 2026, CRCA finished 25.6 points from what its multiple implies and CRCG finished 25.1 points from its own, so CRCG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRCA and CRCG levered on the same thing?: Yes. Both are levered on Circle Internet, CRCA at +2 times and CRCG at +2 times the daily move.
Which one decays faster, CRCA or CRCG?: Decay follows how much the underlying moves about. Over this window CRCA’s moved at 85% annualized and CRCG’s at 85%, so CRCA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRCA or CRCG 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, CRCA or CRCG?: CRCA charges 0.95% a year and CRCG charges 0.78%, so CRCG is cheaper. Fees come from each fund's prospectus.

Other comparisons

CRCA vs CRCD CRCA vs CCUP CRCA vs CIR CRCG vs CCUP CRCG vs CIR CRCG vs CRCD

CRCA on its own →CRCG on its own →How every figure is computed →Standards and sources →

Where these figures came from

CRCA filings on SEC EDGAR ↗CRCA prospectus with the expense ratio (SEC) ↗ProShares page for CRCA ↗CRCG filings on SEC EDGAR ↗CRCG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CRCA against CRCG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/crca-vs-crcg

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.