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Launched · SEC filings

Leverage Shares 2x Long CRWV Daily ETF

CRWGNasdaqLeverageSharesBThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$5.26−1.09 (−17.17%)

At close: Nov 2, 2026, 4:00 PM ET

B60/ 100

Rank 37 of 380 in Single-Stock Long Leveraged

B60/100Rank 37 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 6.35 to 5.26. Range 5.14 to 6.41. Use the arrow keys to read each point.5.505.756.0010 AM12 PM2 PM4 PM
Expense ratio
0.77%
Fund size
$97M
1Y total return
−94.5%
Yield · Last 12 months
No data
Holdings
6
Avg volume · 30D
3.43M sh
52W range
low $5.71high $123.30
Launched
Filings
SEC EDGAR

The ETF.net CRWG Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
37 of 380
Six-pillar profile for CRWG. Scores out of 100: Cost 60, Risk 28, Mission 96, Tradability 91, Holdings not scored, Durability 67. Strongest: Mission (96). Weakest: Risk (28). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B60 out of 100
    Rank 147 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A96 out of 100
    Rank 30 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D28 out of 100
    Rank 304 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A91 out of 100
    Rank 15 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 79 of 380

Our read on CRWG

ETF.net Research

In short

BA 2x daily play on CoreWeave, the GPU landlord of the AI buildout. CRWG resets its leverage every day, costs 0.77%, and trades more briskly than most single-stock leverage funds.

Stated mandate

The fund seeks daily investment results equal to 200% of the daily performance of CoreWeave, Inc. common stock, before fees and expenses.

Why people hold it

  • Hitting 2x of CoreWeave's daily move is the entire job, and CRWG has stayed close to that target day after day, one of the tighter implementations in a crowded category.
  • At 0.77%, the fee sits below the category median and in line with siblings TSMG (0.76%) and UNHG (0.77%).
  • Actively traded, with pricing on the tighter end of its peer group. That matters when the holding period is measured in hours.
  • The multiple is 2x, not 3x: the milder end of the single-stock leverage shelf, launched in 2025.leverageshares.com

Worth knowing

  • Leverage resets daily. Hold longer and compounding takes over, so multi-week results can land far from 2x CoreWeave's move over the same stretch.leverageshares.com
  • Doubling one AI infrastructure stock's daily swings cuts both ways. This sits at the high-volatility end of the ETF universe.
  • One company, no cushion. An earnings print, a financing headline, or a lost contract at CoreWeave drives the whole fund.

CRWG Performance

Launched Aug 11, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
CRWG$553
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CRWG $553. SPY $11,199. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CRWG. Periods over one year show the average yearly return.
PeriodCRWG
Year to date−76.6%
1 month−65.1%
3 months−56.2%
1 year−94.5%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CRWG
YearReturn barCRWG
2026 YTD−76.6%
2025−83.2%

Since listing, Aug 11, 2025

CRWG in the news

CRWG Dividends

Last payment
$2.00 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.00. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$2.00

$10,000 in CRWG 1 year ago paid $163 in dividends.

CRWG Risk

Risk pillarD28 out of 100Rank 304 of 368 in Single-Stock Long Leveraged

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
171.2%
Annualised · 14 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.30
vs 3-month T-bills · 14 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−96.5%
14 months · trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
8.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CRWG Cost

Compare CRWG and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$10,674

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CRWG 0.77%

    $14,829

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • CRWG 0.77%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CRWG $14,829GOGL $4,155

Year by year

YearCRWGGOGLOverpaying
10$1,371$365$1,006
20$5,205$1,421$3,784
30$14,829$4,155$10,674

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