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

Over the window to Sep 30, 2026, CRWU finished 22.4 points from what its multiple implies and CWVX finished 23.4 points from its own, so CRWU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CRWU and CWVX levered on the same thing?

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

Which one decays faster, CRWU or CWVX?

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

Can I hold CRWU 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, CRWU or CWVX?

CRWU charges 1.50% a year and CWVX charges 1.30%, so CWVX is cheaper. Fees come from each fund's prospectus.

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CRWU vs CWVX: which held to its multiple?

Over the days both have traded, CRWU finished 4.3 points from its stated multiple and CWVX 5.1. T-REX 2X Long CRWV Daily Target ETF and Tradr 2X Long CRWV Daily ETF.

−19.0%

CRWU returned, 3 months

−20.1%

CWVX returned, 3 months

−22.4 pts

CRWU from its stated multiple

−23.4 pts

CWVX 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%

CWVX · 3 months to Sep 30, 202623.4 pts short of its stated multiple

CWVX returned −20.1% while 2 times CRWV's move would have been +3.3%

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

CRWU 77.2

CWVX 45.9

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	CRWU	CWVX	CRWU	CWVX	CRWU	CWVX
1 month	+0.9%	+0.1%	+5.3%	+5.3%	−4.3 pts	−5.1 pts
3 months	−19.0%	−20.1%	+3.3%	+3.3%	−22.4 pts	−23.4 pts
6 months	−21.8%	−22.9%	+22.1%	+22.1%	−44.0 pts	−45.0 pts
1 year	−84.8%	−84.8%	−72.7%	−72.7%	−12.2 pts	−12.1 pts
Since launch CRWU Jul 2025 · CWVX Jul 2025	−83.7%	−84.9%	−49.3%	−61.5%	−34.4 pts	−23.4 pts

CRWU and CWVX 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)

CWVX

Tradr 2X Long CRWV Daily ETF · Aims to return twice the daily move of CoreWeave (CRWV)

Issuer T-REX Tradr

Sets out to return +2x +2x

Underlying asset CRWV CRWV

Segment company company

Fund returned, 3 months or since launch −19.0% −20.1%

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

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

Difference from stated, over that window −22.4 pts −23.4 pts

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

Difference from stated, over that window −12.2 pts −12.1 pts

Underlying volatility 100% 100%

Difference over the days both have traded −4.3 pts −5.1 pts

Expense ratio 1.50% 1.30%

Launched Jul 25, 2025 Jul 11, 2025

Net assets $29m $81m

CRWU and CWVX 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.

CWVX in plain words

Three months to Sep 30, 2026: CWVX returned −20.1% where its own daily promise gave −17.3%, 2.8 points short. Read the multiple against the whole window instead and 2 times CRWV's 1.7% implies +3.3%, which makes CWVX look 23.4 points short. CWVX aims to return +2 times CRWV's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, CRWU or CWVX?: Over the window to Sep 30, 2026, CRWU finished 22.4 points from what its multiple implies and CWVX finished 23.4 points from its own, so CRWU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRWU and CWVX levered on the same thing?: Yes. Both are levered on CoreWeave, CRWU at +2 times and CWVX at +2 times the daily move.
Which one decays faster, CRWU or CWVX?: Decay follows how much the underlying moves about. Over this window CRWU’s moved at 100% annualized and CWVX’s at 100%, so CRWU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRWU 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, CRWU or CWVX?: CRWU charges 1.50% a year and CWVX charges 1.30%, so CWVX is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

CRWU on its own →CWVX 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 ↗CWVX filings on SEC EDGAR ↗CWVX 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, CRWU against CWVX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/crwu-vs-cwvx

Open data

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