PIPE vs CRWL

Comparison between Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE, ETF) and GRANITESHARES 2X LONG CRWD DAILY ETF (CRWL, ETF).

PIPE vs CRWL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PIPE(ETF)	CRWL(ETF)
Net Assets	$63M	$63M
Expense Ratio	0.75%	N/A
Max Drawdown	15.69%	64.99%
Sharpe Ratio	1.65	0.77
5Y Beta	0.49	3.02
P/E Ratio	27.30	N/A
Forward P/E	17.54	N/A
PEG Ratio	1.00	N/A
P/S Ratio	0.76	N/A
P/B Ratio	3.59	N/A

Net Assets

PIPE

$63M

Winner

CRWL

$63M

Expense Ratio

PIPE

0.75%

CRWL

N/A

Max Drawdown

Winner

PIPE

15.69%

CRWL

64.99%

Sharpe Ratio

Winner

PIPE

1.65

CRWL

0.77

5Y Beta

Winner

PIPE

0.49

CRWL

3.02

P/E Ratio

PIPE

27.30

CRWL

N/A

Forward P/E

PIPE

17.54

CRWL

N/A

PEG Ratio

PIPE

1.00

CRWL

N/A

P/S Ratio

PIPE

0.76

CRWL

N/A

P/B Ratio

PIPE

3.59

CRWL

N/A

PIPE vs CRWL - Historical Returns

Returns include dividend reinvestment.

Period	PIPE	CRWL
1 month	+0.48%	+47.94%
3 months	+5.56%	+110.21%
6 months	+27.45%	+44.24%
1 year	+29.24%	+36.02%
Max(CAGR)	+20.43%	+58.73%

PIPE

+0.48%

Winner

CRWL

+47.94%

PIPE

+5.56%

Winner

CRWL

+110.21%

PIPE

+27.45%

Winner

CRWL

+44.24%

PIPE

+29.24%

Winner

CRWL

+36.02%

Max(CAGR)

PIPE

+20.43%

Winner

CRWL

+58.73%

PIPE vs CRWL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	PIPE	CRWL
2026	+26.10%	+81.18%
2025	+0.16%	+26.57%
2024	N/A	-5.84%

PIPE vs CRWL Drawdown Comparison

The maximum drawdown for PIPE was -15.69%, occurring on Apr 8, 2025. Recovery took 201 trading sessions.

The maximum drawdown for CRWL was -64.99%, occurring on Feb 24, 2026. Recovery took 131 trading sessions.

The current PIPE drawdown is -4.11%. The current CRWL drawdown is -25.47%.

Rank	PIPE	CRWL
#1	-15.69% Apr 2, 2025 - Jan 21, 2026	-64.99% Nov 10, 2025 - May 20, 2026
#2	-7.21% May 19, 2026 - May 29, 2026	-55.67% Feb 18, 2025 - Jun 26, 2025
#3	-5.80% Feb 20, 2025 - Mar 17, 2025	-38.11% Jul 3, 2025 - Oct 28, 2025
#4	-5.61% Mar 30, 2026 - Apr 30, 2026	-32.77% Jun 1, 2026 - Jun 9, 2026
#5	-3.63% Apr 30, 2026 - May 14, 2026	-24.44% Dec 16, 2024 - Jan 28, 2025
#6	-1.78% Mar 2, 2026 - Mar 19, 2026	-14.54% Nov 22, 2024 - Dec 16, 2024
#7	-1.48% Mar 24, 2025 - Apr 2, 2025	-7.95% May 26, 2026 - May 29, 2026
#8	-1.41% Jan 29, 2026 - Feb 3, 2026	-7.20% Nov 3, 2025 - Nov 10, 2025
#9	-0.88% Mar 20, 2025 - Mar 24, 2025	-6.73% Jun 30, 2025 - Jul 3, 2025
#10	-0.61% Mar 19, 2026 - Mar 23, 2026	-6.50% Nov 13, 2024 - Nov 19, 2024
#11	-0.37% Feb 13, 2026 - Feb 19, 2026	-6.01% Jan 28, 2025 - Feb 5, 2025
#12	-0.16% Feb 11, 2026 - Feb 13, 2026	-3.07% Oct 28, 2025 - Nov 3, 2025
#13	-0.16% Feb 23, 2026 - Feb 26, 2026	-2.14% Jun 26, 2025 - Jun 30, 2025
#14	-0.12% Mar 26, 2026 - Mar 30, 2026	-1.99% Nov 19, 2024 - Nov 21, 2024
#15	-0.09% Mar 17, 2025 - Mar 19, 2025	-1.00% Feb 13, 2025 - Feb 18, 2025