CRCD vs. SNDU

Last updated Jun 4, 2026

CRCD (T-REX 2X Inverse CRCL Daily Target ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both exchange-traded funds - CRCD is a Inverse Equities fund actively managed by T-Rex, while SNDU is a Leveraged Equities fund tracking the SanDisk Corporation (SNDK). CRCD is actively managed, while SNDU is passively managed. At a correlation of -0.20, they often move in opposite directions. Both charge a 1.50% expense ratio.

Performance

CRCD vs. SNDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and T-REX 2X Long SNDK Daily Target ETF (SNDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRCD

• 1D: 20.12%
• 1M: 35.97%
• YTD: -88.01%
• 6M: -87.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SNDU

• 1D: 13.19%
• 1M: 94.94%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCD vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
CRCD T-REX 2X Inverse CRCL Daily Target ETF	-27.97%
SNDU T-REX 2X Long SNDK Daily Target ETF	586.89%

Correlation

The correlation between CRCD and SNDU is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	-0.20

Return for Risk

CRCD vs. SNDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and T-REX 2X Long SNDK Daily Target ETF (SNDU). 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.

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

Sharpe Ratios by Period

	CRCD	SNDU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	2,725.02	-2,725.48

Drawdowns

CRCD vs. SNDU - Drawdown Comparison

The maximum CRCD drawdown since its inception was -96.95%, which is greater than SNDU's maximum drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for CRCD and SNDU.

Drawdown Indicators

	CRCD	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-96.95%	-46.69%	-50.26%
Current Drawdown Current decline from peak	-94.31%	0.00%	-94.31%
Average Drawdown Average peak-to-trough decline	-54.51%	-10.22%	-44.29%

Volatility

Volatility by Period

	CRCD	SNDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	204.54%	185.48%	+19.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	204.54%	185.48%	+19.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	204.54%	185.48%	+19.06%

CRCD vs. SNDU - Expense Ratio Comparison

Both CRCD and SNDU have an expense ratio of 1.50%.

Dividends

CRCD vs. SNDU - Dividend Comparison

Neither CRCD nor SNDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CRCD and SNDU in my portfolio?

CRCD and SNDU have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCD or SNDU?

Both ETFs have the same 1.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCD or SNDU?

CRCD and SNDU have the same expense ratio: 1.50% per year.

Which ETF pays a higher dividend yield, CRCD or SNDU?

CRCD and SNDU have nearly identical dividend yields, around 0.00%.

What is the main difference between CRCD and SNDU?

CRCD is categorized as Inverse Equities, while SNDU is Leveraged Equities.