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

Over the window to Sep 30, 2026, CRWX finished 4.8 points from what its multiple implies and CWVX finished 23.4 points from its own, so CRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are CRWX and CWVX levered on the same thing?

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

Which one decays faster, CRWX or CWVX?

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

Can I hold CRWX 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, CRWX or CWVX?

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

Share on X Download as PDF Open live

CRWX vs CWVX: which held to its multiple?

Over the days both have traded, CRWX finished 4.8 points from its stated multiple and CWVX 5.1. Corgi CRWV 2x Daily ETF and Tradr 2X Long CRWV Daily ETF.

−15.4%

CRWX returned, since launch

−20.1%

CWVX returned, 3 months

−24.0 pts

CRWX from its stated multiple

−23.4 pts

CWVX from its stated multiple

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%

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%

Performance, window by window

	Total return		Multiple would give		Difference
Window	CRWX	CWVX	CRWX	CWVX	CRWX	CWVX
1 month	+0.5%	+0.1%	+5.3%	+5.3%	−4.8 pts	−5.1 pts
3 months	not published	−20.1%	not published	+3.3%	not published	−23.4 pts
6 months	not published	−22.9%	not published	+22.1%	not published	−45.0 pts
1 year	not published	−84.8%	not published	−72.7%	not published	−12.1 pts
Since launch CRWX Jul 2026 · CWVX Jul 2025	−15.4%	−84.9%	+8.6%	−61.5%	−24.0 pts	−23.4 pts

CRWX 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

CRWX

Corgi CRWV 2x Daily 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 Corgi Tradr

Sets out to return +2x +2x

Underlying asset CRWV CRWV

Segment company company

Fund returned, 3 months or since launch +0.5% −20.1%

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

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

Difference from stated, over that window −4.8 pts −23.4 pts

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

Difference from stated, over that window −24.0 pts −12.1 pts

Underlying volatility 70% 100%

Difference over the days both have traded −4.8 pts −5.1 pts

Expense ratio 0.45% 1.30%

Launched Jul 7, 2026 Jul 11, 2025

Net assets $2m $81m

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

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. 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 70% 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. 20.6 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. CWVX aims to return +2 times CRWV's move each day, then resets. CRWV moved at 100% annualized over that window.

Questions people ask

Which came closer to its stated multiple, CRWX or CWVX?: Over the window to Sep 30, 2026, CRWX finished 4.8 points from what its multiple implies and CWVX finished 23.4 points from its own, so CRWX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are CRWX and CWVX levered on the same thing?: Yes. Both are levered on CoreWeave, CRWX at +2 times and CWVX at +2 times the daily move.
Which one decays faster, CRWX or CWVX?: Decay follows how much the underlying moves about. Over this window CRWX’s moved at 70% annualized and CWVX’s at 100%, so CWVX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold CRWX 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, CRWX or CWVX?: CRWX charges 0.45% a year and CWVX charges 1.30%, so CRWX is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

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

Where these figures came from

CRWX filings on SEC EDGAR ↗CRWX prospectus with the expense ratio (SEC) ↗Corgi website ↗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, CRWX against CWVX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/crwx-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.