# CWVX (Tradr 2X Long CRWV Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: CWVX returned −41.3% where its own daily promise gave −39.5%, 1.8 points short.

## Key facts

- CWVX, what CRWV did: −11.5%, as of Sep 11, 2026.
- CWVX, what +2 times a day gives: −39.5%, as of Sep 11, 2026.
- CWVX, what the fund returned: −41.3%, as of Sep 11, 2026.
- CWVX, the fund itself cost: −1.8 pts, as of Sep 11, 2026.
- CWVX, net assets: $104m (source, as filed for Jun 30, 2026).
- CWVX, expense ratio: 1.30% (485BPOS XBRL, Jul 23, 2026).

## CWVX over each window to Sep 11, 2026

| Window | Fund | CRWV | +2x the move | Difference | CRWV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −35.4% | −17.4% | −34.8% | −0.6 pts | 72% |
| 3 months | −41.3% | −11.5% | −23.0% | −18.3 pts | 107% |
| 6 months | −26.3% | +9.7% | +19.4% | −45.7 pts | 96% |
| 1 year | −77.0% | −21.0% | −42.1% | −34.9 pts | 95% |
| Since launch | −83.9% | −29.3% | −58.6% | −25.4 pts | 97% |

## 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 | +3.59 times, against +2 stated | ETFIQ |
| Underlying | CRWV | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $104m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.30% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Jul 11, 2025 | ETFIQ |
| Underlying volatility over the window | 107% annualized | ETFIQ |

## Questions

### Did CWVX return +2 times CRWV?

Over the window to Sep 11, 2026, CRWV moved −11.5% and CWVX returned −41.3%. 2 times that move is −23.0%, so the fund came out 18.3 points short of it.

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

Because it resets daily. CWVX 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, CWVX, data as of Sep 11, 2026. https://etfiq.com/funds/CWVX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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