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CRCD vs TSDD

T-Rex 2x Inverse CRCL Daily Target ETF

CRCDDCboe

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.52pt a year

CRCD1.50%TSDD0.98%

Avg volume · 30D

TSDD 3.4×the volume

CRCD3.2MTSDD11M

CRCD vs TSDD Performance

Oct 31, 2025 – Oct 30, 2026

−87.1%CRCD−24.7%TSDD

Oct 31, 2025 to Oct 30, 2026. CRCD −87.1%. TSDD −24.7%. Use the arrow keys to read each point.100%200%Oct 2025Apr 2026Oct 2026
Expense ratio
CRCD 1.50%
TSDD 0.98%, better
Fund size
CRCD $4M
TSDD $31M
1Y total return
CRCD −87.1%
TSDD −24.7%, better
Yield (12M)
CRCD No data
TSDD 10.55%
Holdings
CRCD 2
TSDD 1
Avg volume (30D)
CRCD 3.2M sh
TSDD 11M sh, better
NAV per share
CRCD $2.16
TSDD $6.07
52W range

ETF.net Grade

CRCD: Cost 25, Risk 28, Mission not scored, Tradability 26, Holdings not scored, Durability 37. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for CRCD, TSDD, with each pillar’s weight
PillarCRCDTSDD
Cost30% weightD25A94Higher
Mission25% weightNot scoredA98
Risk15% weightD28C49Higher
Tradability15% weightD26A81Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD37A72Higher

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CRCD and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and CRCD 42nd of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 41DSKDDGraniteShares 2x Short SK Hynix Daily ETFScore 31
  5. Rank 42DCRCDT-Rex 2x Inverse CRCL Daily Target ETFScore 26
  6. SKHQNot yet graded

Our read on each fund

ETF.net Research

CRCDDT-Rex 2x Inverse CRCL Daily Target ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

CRCD No data

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

CRCD No data

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

CRCD No data

  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

CRCD No data

  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full CRCD profile⁠

Full TSDD profile⁠

CRCD vs TSDD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CRCD vs TSDD Cost

Overpaying CRCD vs TSDD

$7,921

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

  • CRCD 1.50%

    $26,283

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • CRCD 1.50%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530CRCD $26,283TSDD $18,362

Year by year

YearCRCDTSDDOverpaying
10$2,590$1,729$861
20$9,519$6,504$3,015
30$26,283$18,362$7,921

Expense ratio

  • 1.50%CRCD
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

CRCD 35th cheapest of 43 funds

CRCD vs TSDD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CRCD No data
TSDD 10.55%
Payout (12M)
CRCD None
TSDD $0.65
Last payment
CRCD No data
TSDD $0.65
Ex-dividend
CRCD No data
TSDD Dec 29, 2025
Paid on
CRCD No data
TSDD Dec 31, 2025
Frequency
CRCD No data
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

CRCDAll CRCD payments⁠

No distribution history available.

TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

CRCD vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRCD 223.8%since Oct 2025TSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
CRCD 0.09since Oct 2025TSDD −0.87
Worst fallMax drawdown, 5 years
CRCD −97.7%since Sep 2025TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
CRCD −2.28TSDD −2.40

Popular comparisons

  • CRCDDvsAAPDA

    T-Rex 2x Inverse CRCL Daily Target ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    1.50% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSDDAvsAAPDA

    GraniteShares 2x Short TSLA Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    0.98% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CRCDDvsSKHZA

    T-Rex 2x Inverse CRCL Daily Target ETF · Leverage Shares 1X Short SK Hynix Daily ETF

    Expense ratio
    1.50% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSDDAvsSKHZA

    GraniteShares 2x Short TSLA Daily ETF · Leverage Shares 1X Short SK Hynix Daily ETF

    Expense ratio
    0.98% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CRCDDvsTSLSA

    T-Rex 2x Inverse CRCL Daily Target ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    1.50% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSDDAvsTSLSA

    GraniteShares 2x Short TSLA Daily ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    0.98% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.