CRWL ETF — GraniteShares 2x Long CRWD Daily ETF

GraniteShares 2x Long CRWD Daily ETF (CRWL)

Updated October 16, 2026.

CRWL is an ETF linked to CrowdStrike Holdings (CRWD). its expense ratio is 1.50%. Total return is 198.6% over the past 1.9 years, 33.8 points ahead of CRWD at 164.8%.

This ETF seeks to deliver twice the daily percentage change of CrowdStrike Holdings shares through the use of swaps, options, and direct stock purchases, making it a leveraged instrument designed for short-term trading rather than buy-and-hold investing. The fund does not distribute income to shareholders and carries an expense ratio of 1.50%. It appeals to sophisticated traders seeking amplified exposure to CrowdStrike's price movements on a daily basis, though the leverage and daily reset mechanism mean it is not suitable for longer holding periods.

CRWL performance versus CRWD

Price and return data through 2026-10-16.

Total return is 198.6% over the past 1.9 years, 33.8 points ahead of CRWD at 164.8%. Over the past year its total return — price change plus distributions reinvested — is 116.7%. Its deepest 1-year drawdown was 65.0%.

CRWL key facts

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

11/11/2024

Expense ratio

1.50%

Distribution frequency

None

Last close

$74.94 (as of 2026-10-16)

AUM

$80,309,240

Average volume

176170.0

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: GraniteShares; Index: CrowdStrike Holdings (CRWD); 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.

CRWL risks and drawbacks

The deepest 1-year drawdown on record here is 65.0%.

Who may consider CRWL — and who may not

It is a weaker fit for investors who need monthly cash flow (CRWL does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on CRWL

• All tickers starting with C

Tagged: Leverage.

Frequently asked questions

More securities from GraniteShares.