Which came closer to its stated multiple, CRWU or CRWX?

Over the window to Sep 30, 2026, CRWU finished 22.4 points from what its multiple implies and CRWX finished 4.8 points from its own, so CRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CRWU and CRWX levered on the same thing?

Yes. Both are levered on CoreWeave, CRWU at +2 times and CRWX at +2 times the daily move.

Which one decays faster, CRWU or CRWX?

Decay follows how much the underlying moves about. Over this window CRWU’s moved at 100% annualized and CRWX’s at 70%, so CRWU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold CRWU or CRWX 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, CRWU or CRWX?

CRWU charges 1.50% a year and CRWX charges 0.45%, so CRWX is cheaper. Fees come from each fund's prospectus.

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CRWU vs CRWX: which held to its multiple?

Over the days both have traded, CRWU finished 4.3 points from its stated multiple and CRWX 4.8. T-REX 2X Long CRWV Daily Target ETF and Corgi CRWV 2x Daily ETF.

−19.0%

CRWU returned, 3 months

−15.4%

CRWX returned, since launch

−22.4 pts

CRWU from its stated multiple

−24.0 pts

CRWX from its stated multiple

CRWU · 3 months to Sep 30, 202622.4 pts short of its stated multiple

CRWU returned −19.0% while 2 times CRWV's move would have been +3.3%

CRWX · 1 month to Sep 30, 20264.8 pts short of its stated multiple

CRWX returned +0.5% while 2 times CRWV's move would have been +5.3%

Performance, window by window

	Total return		Multiple would give		Difference
Window	CRWU	CRWX	CRWU	CRWX	CRWU	CRWX
1 month	+0.9%	+0.5%	+5.3%	+5.3%	−4.3 pts	−4.8 pts
3 months	−19.0%	not published	+3.3%	not published	−22.4 pts	not published
6 months	−21.8%	not published	+22.1%	not published	−44.0 pts	not published
1 year	−84.8%	not published	−72.7%	not published	−12.2 pts	not published
Since launch CRWU Jul 2025 · CRWX Jul 2026	−83.7%	−15.4%	−49.3%	+8.6%	−34.4 pts	−24.0 pts

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

On the same fields

CRWU

T-REX 2X Long CRWV Daily Target ETF · Aims to return twice the daily move of CoreWeave (CRWV)

CRWX

Corgi CRWV 2x Daily ETF · Aims to return twice the daily move of CoreWeave (CRWV)

Issuer T-REX Corgi

Sets out to return +2x +2x

Underlying asset CRWV CRWV

Segment company company

Fund returned, 3 months or since launch −19.0% +0.5%

Underlying returned, over that window +1.7% +2.6%

What the stated multiple implies, over that window +3.3% +5.3%

Difference from stated, over that window −22.4 pts −4.8 pts

Fund returned, 1 year or since launch −84.8% −15.4%

Difference from stated, over that window −12.2 pts −24.0 pts

Underlying volatility 100% 70%

Difference over the days both have traded −4.3 pts −4.8 pts

Expense ratio 1.50% 0.45%

Launched Jul 25, 2025 Jul 7, 2026

Net assets $29m $2m

CRWU and CRWX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CRWU in plain words

Three months to Sep 30, 2026: CRWU returned −19.0% where its own daily promise gave −17.3%, 1.8 points short. Read the multiple against the whole window instead and 2 times CRWV's 1.7% implies +3.3%, which makes CRWU look 22.4 points short. 20.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CRWU 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 100% 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.

CRWX in plain words

One month to Sep 30, 2026: CRWX returned +0.5% where its own daily promise gave +1.3%, 0.8 points short. Read the multiple against the whole window instead and 2 times CRWV's 2.6% implies +5.3%, which makes CRWX look 4.8 points short. 4.0 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. CRWV moved at 70% annualized over that window.

Questions people ask

Which came closer to its stated multiple, CRWU or CRWX?: Over the window to Sep 30, 2026, CRWU finished 22.4 points from what its multiple implies and CRWX finished 4.8 points from its own, so CRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRWU and CRWX levered on the same thing?: Yes. Both are levered on CoreWeave, CRWU at +2 times and CRWX at +2 times the daily move.
Which one decays faster, CRWU or CRWX?: Decay follows how much the underlying moves about. Over this window CRWU’s moved at 100% annualized and CRWX’s at 70%, so CRWU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRWU or CRWX 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, CRWU or CRWX?: CRWU charges 1.50% a year and CRWX charges 0.45%, so CRWX is cheaper. Fees come from each fund's prospectus.

Other comparisons

CRWU vs CORD CRWU vs CRWG CRWU vs CWVX CRWX vs CORD CRWX vs CRWG CRWX vs CWVX

CRWU on its own →CRWX on its own →How every figure is computed →Standards and sources →

Where these figures came from

CRWU filings on SEC EDGAR ↗CRWU prospectus with the expense ratio (SEC) ↗T-REX page for CRWU ↗CRWX filings on SEC EDGAR ↗CRWX prospectus with the expense ratio (SEC) ↗Corgi 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, CRWU against CRWX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/crwu-vs-crwx

Open data

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