# CWVX (Tradr 2X Long CRWV Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: CWVX returned −20.1% where its own daily promise gave −17.3%, 2.8 points short.

## Key facts

- CWVX, what CRWV did: +1.7%, as of Sep 30, 2026.
- CWVX, what 2 times a day gives: −17.3%, as of Sep 30, 2026.
- CWVX, what the fund returned: −20.1%, as of Sep 30, 2026.
- CWVX, the fund itself cost: −2.8 pts, as of Sep 30, 2026.
- CWVX, net assets: $81m (the issuer’s own daily fund list, as of Sep 30, 2026).
- CWVX, expense ratio: 1.30% (485BPOS XBRL, Jul 23, 2026).

## CWVX over each window to Sep 30, 2026

| Window | Fund | CRWV | +2x the move | Difference | CRWV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +0.1% | +2.6% | +5.3% | −5.1 pts | 70% |
| 3 months | −20.1% | +1.7% | +3.3% | −23.4 pts | 100% |
| 6 months | −22.9% | +11.1% | +22.1% | −45.0 pts | 94% |
| 1 year | −84.8% | −36.3% | −72.7% | −12.1 pts | 94% |
| Since launch | −84.9% | −30.8% | −61.5% | −23.4 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 | $81m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.30% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Jul 11, 2025 | ETFIQ |
| Underlying volatility over the window | 100% annualized | ETFIQ |

## Questions

### Did CWVX return +2 times CRWV?

Over the window to Sep 30, 2026, CRWV moved +1.7% and CWVX returned −20.1%. 2 times that move is +3.3%, so the fund came out 23.4 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 figure itself.


## Cite this page

ETFIQ, CWVX, data as of Sep 30, 2026. https://etfiq.com/funds/cwvx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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