- What does CRWL invest in?
- This Fund is designed to achieve daily returns that are two times (200%) the daily percentage movement of CrowdStrike Holdings Inc.'s common stock (CRWD), prior to deducting any fees or operating expenses. Investors should be aware that there is no guarantee this Fund will always meet its stated performance objective. Crucially, due to its daily rebalancing nature, the Fund should not be expected to deliver double the cumulative return of CRWD for holding periods extending beyond a single day.
- What is the expense ratio of CRWL?
- GraniteShares 2x Long CRWD Daily ETF (CRWL) charges an expense ratio of 1.82%. This is the annual fee deducted from fund assets to cover management and operations.
- Is CRWL a good long-term hold?
- CRWL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
- How does CRWL's daily reset work?
- CRWL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
- How big is CRWL?
- GraniteShares 2x Long CRWD Daily ETF (CRWL) manages $43.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CRWL actively managed or an index fund?
- CRWL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
