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

T-REX · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: CRWU returned −19.0% where its own daily promise gave −17.3%, 1.8 points short.

## Key facts

- CRWU, what CRWV did: +1.7%, as of Sep 30, 2026.
- CRWU, what 2 times a day gives: −17.3%, as of Sep 30, 2026.
- CRWU, what the fund returned: −19.0%, as of Sep 30, 2026.
- CRWU, the fund itself cost: −1.8 pts, as of Sep 30, 2026.
- CRWU, net assets: $29m (issuer page, as of Sep 29, 2026).
- CRWU, expense ratio: 1.50% (485BPOS XBRL, Apr 30, 2026).

## CRWU over each window to Sep 30, 2026

| Window | Fund | CRWV | +2x the move | Difference | CRWV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +0.9% | +2.6% | +5.3% | −4.3 pts | 70% |
| 3 months | −19.0% | +1.7% | +3.3% | −22.4 pts | 100% |
| 6 months | −21.8% | +11.1% | +22.1% | −44.0 pts | 94% |
| 1 year | −84.8% | −36.3% | −72.7% | −12.2 pts | 94% |
| Since launch | −83.7% | −24.6% | −49.3% | −34.4 pts | 96% |

## 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 | CRWV moved +1.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | CRWV | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $29m | issuer page, as of Sep 29, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Apr 30, 2026 |
| Launched | Jul 25, 2025 | ETFIQ |
| Underlying volatility over the window | 100% annualized | ETFIQ |

## Questions

### Did CRWU return +2 times CRWV?

Over the window to Sep 30, 2026, CRWV moved +1.7% and CRWU returned −19.0%. 2 times that move is +3.3%, so the fund came out 22.4 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 figure itself.


## Cite this page

ETFIQ, CRWU, data as of Sep 30, 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