CORD ETF — T-REX 2X Inverse CRWV Daily Target ETF

T-REX 2X Inverse CRWV Daily Target ETF (CORD)

Updated October 16, 2026.

CORD is an ETF linked to CoreWeave (CRWV). its expense ratio is 1.50%. Total return is -81.6% over the past 1.1 years, 32.6 points behind CRWV at -49.0%.

T-REX 2X Inverse CRWV Daily Target ETF is a leveraged inverse ETF that seeks to deliver twice the daily opposite price performance of CoreWeave (CRWV), an equity holding designed for traders seeking bearish exposure to the underlying stock. The fund carries a 1.50% expense ratio and does not have a regular distribution schedule. It appeals to active traders and those seeking tactical short exposure rather than long-term income investors, though the daily reset mechanism means it is designed for short holding periods and may not track longer-term inverse performance accurately.

CORD performance versus CRWV

Price and return data through 2026-10-16.

Total return is -81.6% over the past 1.1 years, 32.6 points behind CRWV at -49.0%. Its deepest 1-year drawdown was 96.3%.

CORD key facts

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

09/25/2025

Expense ratio

1.50%

Distribution frequency

None

Last close

$5.05 (as of 2026-10-16)

AUM

$19,488,530

Average volume

22737341.0

Beta

-6.1953

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: REX Shares; Index: CoreWeave (CRWV); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CORD risks and drawbacks

Total return has trailed CRWV over the available window. The deepest 1-year drawdown on record here is 96.3%.

Who may consider CORD — and who may not

It is a weaker fit for investors who need monthly cash flow (CORD does not currently distribute); investors whose main goal is matching CRWV total return. This is educational context, not a recommendation to buy or sell.

More on CORD

• All tickers starting with C

Tagged: Leverage, Short.

Frequently asked questions

More securities from REX Shares.