CRCA vs. BRKL

Last updated Aug 1, 2026

CRCA (ProShares Ultra CRCL) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.29 correlation means they have often moved in opposite directions in the past. CRCA charges 0.95%/yr vs 0.45%/yr for BRKL.

Performance

CRCA vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra CRCL (CRCA) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRCA

• 1D: -5.20%
• 1M: -12.09%
• 6M: -51.11%
• YTD: -70.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BRKL

• 1D: 0.85%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
CRCA ProShares Ultra CRCL	$13.28M	$18.49M	$44.45M

CRCA vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
CRCA ProShares Ultra CRCL	-21.99%
BRKL Corgi BRKB 2x Daily ETF	1.48%

Correlation

The correlation between CRCA and BRKL is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.29

Return for Risk

CRCA vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra CRCL (CRCA) and Corgi BRKB 2x Daily ETF (BRKL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CRCA vs. BRKL - Drawdown Comparison

The maximum CRCA drawdown since its inception was -95.61%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for CRCA and BRKL.

Drawdown Indicators

	CRCA	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-95.61%	-7.03%	-88.58%
Current Drawdown Current decline from peak	-95.44%	-0.13%	-95.31%
Average Drawdown Average peak-to-trough decline	-74.24%	-4.14%	-70.10%

Volatility

Volatility by Period

	CRCA	BRKL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	193.78%	30.99%	+162.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	193.78%	30.99%	+162.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	193.78%	30.99%	+162.79%

CRCA vs. BRKL - Expense Ratio Comparison

CRCA has a 0.95% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

CRCA vs. BRKL - Dividend Comparison

CRCA's dividend yield for the trailing twelve months is around 7.40%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%
CRCA ProShares Ultra CRCL	7.40%	1.06%

Frequently Asked Questions

Can I hold both CRCA and BRKL in my portfolio?

CRCA and BRKL have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCA or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCA or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.95% for CRCA.

Which ETF pays a higher dividend yield, CRCA or BRKL?

CRCA has the higher dividend yield at 7.40%, compared with 0.00% for BRKL.

What is the main difference between CRCA and BRKL?

They also come from different issuers: ProShares and Corgi. Their fees differ too: 0.95% for CRCA and 0.45% for BRKL.