FDRX vs. CRWG

Last updated Jun 5, 2026

FDRX (Founder-Led 2X Daily ETF) and CRWG (Leverage Shares 2X Long CRWV Daily ETF) are both Leveraged Equities funds. FDRX is passively managed, while CRWG is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. FDRX charges 1.08%/yr vs 0.75%/yr for CRWG.

Performance

FDRX vs. CRWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Founder-Led 2X Daily ETF (FDRX) and Leverage Shares 2X Long CRWV Daily ETF (CRWG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDRX

• 1D: 1.80%
• 1M: 19.35%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRWG

• 1D: -5.06%
• 1M: -34.22%
• YTD: 46.05%
• 6M: -7.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDRX vs. CRWG - Yearly Performance Comparison

	2026 (YTD)
FDRX Founder-Led 2X Daily ETF	-2.60%
CRWG Leverage Shares 2X Long CRWV Daily ETF	-14.33%

Correlation

The correlation between FDRX and CRWG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 16, 2026	0.52

Return for Risk

FDRX vs. CRWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) and Leverage Shares 2X Long CRWV Daily ETF (CRWG). 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

	FDRX	CRWG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	-0.43	+0.31

Drawdowns

FDRX vs. CRWG - Drawdown Comparison

The maximum FDRX drawdown since its inception was -38.44%, smaller than the maximum CRWG drawdown of -89.42%. Use the drawdown chart below to compare losses from any high point for FDRX and CRWG.

Drawdown Indicators

	FDRX	CRWG	Difference
Max Drawdown Largest peak-to-trough decline	-38.44%	-89.42%	+50.98%
Current Drawdown Current decline from peak	-6.56%	-78.18%	+71.62%
Average Drawdown Average peak-to-trough decline	-18.80%	-68.58%	+49.78%

Volatility

Volatility by Period

	FDRX	CRWG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	57.69%	191.34%	-133.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.69%	191.34%	-133.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.69%	191.34%	-133.65%

FDRX vs. CRWG - Expense Ratio Comparison

FDRX has a 1.08% expense ratio, which is higher than CRWG's 0.75% expense ratio.

Dividends

FDRX vs. CRWG - Dividend Comparison

FDRX has not paid dividends to shareholders, while CRWG's dividend yield for the trailing twelve months is around 5.06%.

Position	TTM	2025
CRWG Leverage Shares 2X Long CRWV Daily ETF	5.06%	7.39%
FDRX Founder-Led 2X Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDRX and CRWG in my portfolio?

FDRX and CRWG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDRX or CRWG?

On fees, CRWG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDRX or CRWG?

CRWG is cheaper with a 0.75% expense ratio, compared with 1.08% for FDRX.

Which ETF pays a higher dividend yield, FDRX or CRWG?

CRWG has the higher dividend yield at 5.06%, compared with 0.00% for FDRX.

What is the main difference between FDRX and CRWG?

They also come from different issuers: Corgi Strategies and Leverage Shares. Their fees differ too: 1.08% for FDRX and 0.75% for CRWG.