CRCD vs. YQQQ

Last updated Apr 2, 2026

Compare and contrast key facts about T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).

CRCD and YQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRCD is an actively managed fund by T-Rex. It was launched on Sep 25, 2025. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.

Performance

CRCD vs. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

CRCD vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025
CRCD T-REX 2X Inverse CRCL Daily Target ETF	-78.35%	43.19%
YQQQ YieldMax Short N100 Option Income Strategy ETF	10.57%	0.61%

Returns By Period

In the year-to-date period, CRCD achieves a -78.35% return, which is significantly lower than YQQQ's 10.57% return.

CRCD

• 1D: 10.22%
• 1M: -13.49%
• YTD: -78.35%
• 6M: -67.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -1.10%
• 1M: 5.50%
• YTD: 10.57%
• 6M: 12.35%
• 1Y: -7.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCD vs. YQQQ - Expense Ratio Comparison

CRCD has a 1.50% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

CRCD

T-REX 2X Inverse CRCL Daily Target ETF

YQQQ

YieldMax Short N100 Option Income Strategy ETF

Return for Risk

CRCD vs. YQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YQQQ

YQQQ Risk / Return Rank: 6
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 4
YQQQ Calmar Ratio Rank: 7
YQQQ Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRCD vs. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	-0.17	-0.27

Correlation

The correlation between CRCD and YQQQ is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CRCD vs. YQQQ - Dividend Comparison

CRCD has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 27.65%.

	TTM	2025	2024
CRCD T-REX 2X Inverse CRCL Daily Target ETF	0.00%	0.00%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	27.65%	31.71%	7.88%

Drawdowns

CRCD vs. YQQQ - Drawdown Comparison

The maximum CRCD drawdown since its inception was -94.38%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for CRCD and YQQQ.

Drawdown Indicators

	CRCD	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-94.38%	-24.85%	-69.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.85%	—
Current Drawdown Current decline from peak	-89.73%	-12.77%	-76.96%
Average Drawdown Average peak-to-trough decline	-41.29%	-13.36%	-27.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.68%	—

Volatility

Volatility by Period

	CRCD	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	203.67%	17.32%	+186.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	203.67%	16.38%	+187.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.67%	16.38%	+187.29%