Which came closer to its stated multiple, CRD or CRDU?

Over the window to Sep 30, 2026, CRD finished 5.7 points from what its multiple implies and CRDU finished 8.2 points from its own, so CRD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CRD and CRDU levered on the same thing?

Yes. Both are levered on Credo Technology Group Holding, CRD at +2 times and CRDU at +2 times the daily move.

Which one decays faster, CRD or CRDU?

Decay follows how much the underlying moves about. Over this window CRD’s moved at 101% annualized and CRDU’s at 98%, so CRD has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold CRD or CRDU 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, CRD or CRDU?

CRD charges 0.45% a year and CRDU charges 1.30%, so CRD is cheaper. Fees come from each fund's prospectus.

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CRD vs CRDU: which held to its multiple?

Over the days both have traded, CRD finished 5.7 points from its stated multiple and CRDU 6.7. Corgi CRDO 2x Daily ETF and Tradr 2X Long CRDO Daily ETF.

−47.8%

CRD returned, since launch

−57.8%

CRDU returned, 3 months

−12.8 pts

CRD from its stated multiple

−8.2 pts

CRDU from its stated multiple

CRD · 1 month to Sep 30, 20265.7 pts short of its stated multiple

CRD returned −33.5% while 2 times CRDO's move would have been −27.8%

CRDU · 3 months to Sep 30, 20268.2 pts short of its stated multiple

CRDU returned −57.8% while 2 times CRDO's move would have been −49.6%

Performance, window by window

	Total return		Multiple would give		Difference
Window	CRD	CRDU	CRD	CRDU	CRD	CRDU
1 month	−33.5%	−34.5%	−27.8%	−27.8%	−5.7 pts	−6.7 pts
3 months	not published	−57.8%	not published	−49.6%	not published	−8.2 pts
6 months	not published	+130.2%	not published	not meaningful	not published	not meaningful
1 year	not published	−38.2%	not published	+67.6%	not published	−105.8 pts
Since launch CRD Jul 2026 · CRDU Sep 2025	−47.8%	−52.3%	−35.0%	+36.9%	−12.8 pts	−89.2 pts

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

On the same fields

CRD

Corgi CRDO 2x Daily ETF · Aims to return twice the daily move of Credo Technology Group Holding (CRDO)

CRDU

Tradr 2X Long CRDO Daily ETF · Aims to return twice the daily move of Credo Technology Group Holding (CRDO)

Issuer Corgi Tradr

Sets out to return +2x +2x

Underlying asset CRDO CRDO

Segment company company

Fund returned, 3 months or since launch −33.5% −57.8%

Underlying returned, over that window −13.9% −24.8%

What the stated multiple implies, over that window −27.8% −49.6%

Difference from stated, over that window −5.7 pts −8.2 pts

Fund returned, 1 year or since launch −47.8% −38.2%

Difference from stated, over that window −12.8 pts −105.8 pts

Underlying volatility 101% 98%

Difference over the days both have traded −5.7 pts −6.7 pts

Expense ratio 0.45% 1.30%

Launched Jul 14, 2026 Sep 16, 2025

Net assets $1m $113m

CRD and CRDU on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CRD in plain words

One month to Sep 30, 2026: CRD returned −33.5% where its own daily promise gave −33.7%, 0.2 points over. Read the multiple against the whole window instead and 2 times CRDO's −13.9% implies −27.8%, which makes CRD look 5.7 points short. 6.0 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CRD aims to return +2 times CRDO'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. CRDO moved at 101% 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.

CRDU in plain words

Three months to Sep 30, 2026: CRDU returned −57.8% where its own daily promise gave −56.8%, 1.0 points short. Read the multiple against the whole window instead and 2 times CRDO's −24.8% implies −49.6%, which makes CRDU look 8.2 points short. 7.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CRDU aims to return +2 times CRDO's move each day, then resets. CRDO moved at 98% annualized over that window.

Questions people ask

Which came closer to its stated multiple, CRD or CRDU?: Over the window to Sep 30, 2026, CRD finished 5.7 points from what its multiple implies and CRDU finished 8.2 points from its own, so CRD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRD and CRDU levered on the same thing?: Yes. Both are levered on Credo Technology Group Holding, CRD at +2 times and CRDU at +2 times the daily move.
Which one decays faster, CRD or CRDU?: Decay follows how much the underlying moves about. Over this window CRD’s moved at 101% annualized and CRDU’s at 98%, so CRD has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRD or CRDU 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, CRD or CRDU?: CRD charges 0.45% a year and CRDU charges 1.30%, so CRD is cheaper. Fees come from each fund's prospectus.

Other comparisons

CRD on its own →CRDU on its own →How every figure is computed →Standards and sources →

Where these figures came from

CRD filings on SEC EDGAR ↗CRD prospectus with the expense ratio (SEC) ↗Corgi website ↗CRDU filings on SEC EDGAR ↗CRDU prospectus with the expense ratio (SEC) ↗Tradr 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, CRD against CRDU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/crd-vs-crdu

Open data

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