# CRWU (T-REX 2X Long CRWV Daily Target ETF)

T-REX · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: CRWU returned −41.1% where its own daily promise gave −39.5%, 1.7 points short.

## Key facts

- CRWU, what CRWV did: −11.5%, as of Sep 11, 2026.
- CRWU, what +2 times a day gives: −39.5%, as of Sep 11, 2026.
- CRWU, what the fund returned: −41.1%, as of Sep 11, 2026.
- CRWU, the fund itself cost: −1.7 pts, as of Sep 11, 2026.
- CRWU, net assets: $37m (source, as filed for Jun 30, 2026).
- CRWU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## CRWU over each window to Sep 11, 2026

| Window | Fund | CRWV | +2x the move | Difference | CRWV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −35.3% | −17.4% | −34.8% | −0.5 pts | 72% |
| 3 months | −41.1% | −11.5% | −23.0% | −18.1 pts | 107% |
| 6 months | −26.1% | +9.7% | +19.4% | −45.5 pts | 96% |
| 1 year | −77.3% | −21.0% | −42.1% | −35.2 pts | 95% |
| Since launch | −82.7% | −23.0% | −46.1% | −36.7 pts | 98% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of CRWV, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +3.58 times, against +2 stated | ETFIQ |
| Underlying | CRWV | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $37m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Jul 25, 2025 | ETFIQ |
| Underlying volatility over the window | 107% annualized | ETFIQ |

## Questions

### Did CRWU return +2 times CRWV?

Over the window to Sep 11, 2026, CRWV moved −11.5% and CRWU returned −41.1%. 2 times that move is −23.0%, so the fund came out 18.1 points short of it.

### Why does CRWU not return +2 times over a year?

Because it resets daily. CRWU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x CRWV ETF tracked its stated multiple most closely?

4 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, CRWU, data as of Sep 11, 2026. https://etfiq.com/funds/CRWU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/CRWU  ·  JSON: https://etfiq.com/funds/CRWU.json