- What does CRWU invest in?
- CRWU is designed for making bullish bets on the stock price of CoreWeave, Inc. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to CRWV s daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that: should CRWVs value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if CRWVs performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
- What is the expense ratio of CRWU?
- ETF Opportunities Trust - T-REX 2X Long CRWV Daily Target ETF (CRWU) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations.
- Is CRWU a good long-term hold?
- CRWU 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 with 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 CRWU's daily reset work?
- CRWU 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 CRWU?
- ETF Opportunities Trust - T-REX 2X Long CRWV Daily Target ETF (CRWU) manages $12.8M 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 CRWU actively managed or an index fund?
- CRWU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.