GraniteShares 2x Long CRWD Daily ETF (CRWL) Performance
CRWL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +209.6% since Dec 31, 2025
- 1 year
- +136.4% total return
- Since first price
- +280.1% since 2024
CRWL trailing returns vs SPY, QQQ, AGG
| Period | CRWL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.7% | −7.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +67.0% | +67.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +300.8% | +300.8% | +7.8% | +8.4% | −1.5% |
| YTD | +209.6% | +209.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +136.4% | +136.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 12, 2024 | +280.1% | +280.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CRWL vs SPY
From Nov 12, 2024: CRWL grew to $38,008, SPY to $13,026.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CRWL returns by calendar year
1 of 1 full years positive. Best 2025 (+30.4%), worst 2025 (+30.4%). 2026 is year to date.
CRWL annual returns table
| Year | CRWL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +209.6% | −51.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +30.4% | −55.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CRWL largest drawdowns
Now 17.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 10, 2025 | −65.0% | Feb 24, 2026 | May 20, 2026 | 3 months | 6 months |
| Feb 18, 2025 | −55.7% | Mar 10, 2025 | Jun 26, 2025 | 20 days | 4 months |
| Jul 3, 2025 | −38.1% | Sep 3, 2025 | Oct 28, 2025 | 2 months | 4 months |
| Oct 6, 2026 | −35.3% | Oct 16, 2026 | not yet | 10 days | 17 days so far |
| Aug 10, 2026 | −33.4% | Aug 25, 2026 | Sep 14, 2026 | 15 days | 35 days |
| Jun 1, 2026 | −32.8% | Jun 9, 2026 | Jul 14, 2026 | 8 days | 43 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CRWL risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +118.1% |
| Volatility (annualized) | 135.9% |
| Sharpe ratio | 0.99 |
| Sortino ratio | 3.24 |
| Best month | +158.6% |
| Worst month | −32.9% |
| Best 12 months | +199.3% |
| Worst 12 months | −38.5% |
| Positive months | 55% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CRWL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 12 | −38.5% | +49.5% | +199.3% | 67% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CRWL performance overview
GraniteShares 2x Long CRWD Daily ETF (CRWL) returned +136.4% over the past year, with distributions reinvested. Since its first recorded price on Nov 12, 2024 it has returned +280.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −65.0%, from Nov 10, 2025 to Feb 24, 2026, and it took 3 months to get back to the old high. Volatility has been 135.9% a year.
Related: CRWL chart. See the CRWL overview for the latest quote and fund facts.
CRWL performance FAQ
What is the CRWL return over the past year?
CRWL returned +136.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 136.4%.
How much would $10,000 invested in CRWL be worth?
$10,000 invested in CRWL at its first recorded close on November 12, 2024 would be worth about $38,008 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CRWL?
The largest peak-to-trough decline was −65.0% between November 10, 2025 and February 24, 2026. It recovered to the old high on May 20, 2026, 3 months after the bottom.
How volatile is CRWL?
Over the past history CRWL had an annualized volatility of 135.9% and a Sharpe ratio of 0.99 (excess return over 1–3 month T-bills per unit of risk).