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CWVX vs KSPY

Comparison between Tradr 2X Long CRWV Daily ETF (CWVX, ETF) and KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY, ETF).

CWVX vs KSPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CWVX
$104M
Winner
KSPY
$104M
Expense Ratio
CWVX
N/A
KSPY
0.88%
Max Drawdown
CWVX
90.95%
Winner
KSPY
11.67%
Sharpe Ratio
CWVX
-0.02
Winner
KSPY
1.59
5Y Beta
CWVX
5.90
Winner
KSPY
0.57

CWVX vs KSPY - Historical Returns

Returns include dividend reinvestment.

1M
CWVX
-52.20%
Winner
KSPY
+1.13%
3M
CWVX
-61.46%
Winner
KSPY
+4.53%
6M
CWVX
-55.95%
Winner
KSPY
+6.61%
1Y
CWVX
-83.94%
Winner
KSPY
+16.56%
Max(CAGR)
CWVX
-83.49%
Winner
KSPY
+12.44%

CWVX vs KSPY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearCWVXKSPY
2026-40.30%+7.26%
2025-78.33%+14.13%
2024N/A+3.43%

CWVX vs KSPY Drawdown Comparison

The maximum drawdown for CWVX was -90.78%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The maximum drawdown for KSPY was -11.67%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.

The current CWVX drawdown is -89.03%. The current KSPY drawdown is -0.29%.

RankCWVXKSPY
#1-90.78%
Aug 12, 2025 - Jul 16, 2026
-11.67%
Feb 19, 2025 - Jun 25, 2025
#2-45.88%
Jul 16, 2025 - Aug 12, 2025
-4.87%
Jul 16, 2024 - Sep 19, 2024
#3N/A-4.46%
Feb 9, 2026 - Apr 14, 2026
#4N/A-3.04%
Nov 10, 2025 - Dec 5, 2025
#5N/A-2.51%
Dec 26, 2024 - Jan 22, 2025
#6N/A-1.94%
Jun 15, 2026 - Jul 6, 2026
#7N/A-1.84%
Jun 2, 2026 - Jun 15, 2026
#8N/A-1.73%
Dec 16, 2024 - Dec 24, 2024
#9N/A-1.61%
Feb 2, 2026 - Feb 6, 2026
#10N/A-1.47%
Jan 12, 2026 - Jan 26, 2026
#11N/A-1.37%
Oct 9, 2025 - Oct 20, 2025
#12N/A-1.20%
Dec 11, 2025 - Dec 22, 2025
#13N/A-1.05%
Jul 29, 2025 - Aug 4, 2025
#14N/A-0.86%
Oct 28, 2024 - Nov 6, 2024
#15N/A-0.72%
Dec 26, 2025 - Jan 6, 2026

Correlation

Correlation between CWVX and KSPY is -0.67 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.67
-101

Dividend Comparison (2024 - 2025)

CWVX vs KSPY dividend yield comparison.

YearCWVXKSPY
20252.10%6.16%
20240.00%1.31%

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