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Dividend Vision

CRCD ETF — T-REX 2X Inverse CRCL Daily Target ETF

T-REX 2X Inverse CRCL Daily Target ETF (CRCD)

Updated October 16, 2026.

CRCD is an ETF linked to Circle Internet Group (CRCL). its expense ratio is 1.50%. Total return is -91.2% over the past 1.1 years, 55.9 points behind CRCL at -35.3%.

This ETF seeks to deliver twice the inverse daily price performance of Circle Internet Group (CRCL), a leveraged short bet designed for traders seeking exposure opposite to that cryptocurrency and blockchain company's stock movements on a daily basis. The fund does not currently distribute income and carries an expense ratio of 1.50%. It appeals to sophisticated traders using tactical short strategies rather than buy-and-hold income investors, given its leveraged inverse structure and daily reset mechanics.

CRCD holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: CRCL (physical holdings below may be collateral and options, not the reference asset itself).

CRCD performance versus CRCL

Price and return data through 2026-10-16.

Total return is -91.2% over the past 1.1 years, 55.9 points behind CRCL at -35.3%. Its deepest 1-year drawdown was 97.7%.

WindowTotal returnCAGR
1M-14.9%—
3M-69.4%—
6M-56.1%—
YTD-93.8%—
1Y-89.9%—
Since inception (1.1 years)-91.2%-90.00%

CRCD 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
$2.12 (as of 2026-10-16)
AUM
$5,544,085
Average volume
4111400.0

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: Circle Internet Group (CRCL); 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.

CRCD risks and drawbacks

Total return has trailed CRCL over the available window. The deepest 1-year drawdown on record here is 97.7%.

Who may consider CRCD — and who may not

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

More on CRCD

Tagged: Leverage, Short, Crypto.

Frequently asked questions

Does CRCD pay monthly?

No. CRCD does not currently distribute.

What is CRCD linked to?

CRCD is linked to Circle Internet Group (CRCL), not a broad market index.

What is CRCD's expense ratio?

CRCD's expense ratio is 1.50%.

When does CRCD pay a dividend?

CRCD does not currently distribute.

How has CRCD performed?

Total return is -91.2% over the past 1.1 years, 55.9 points behind CRCL at -35.3%. Its deepest 1-year drawdown was 97.7%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.