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Beacon

CRDX2x Cardano ETF

Take a betNewRanked #777 of 806 in this goal

Seeks daily investment results that correspond to two times (2x) the daily performance of ADA.

By Volatility Shares LLC · Launched 2026

Annual Cost

1.85%

#5,546 of 5,606 · expensive

Fund Size

$1M

#5,498 of 5,606 · small

Return (1Y)Goal

N/A

Track Record

3 months

#5,351 of 5,606 · young

Performance

Total-return NAV · USD
Growth of $10,000
$3,200-68.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

What it actually holds

By weight

Asset allocation

Other
96.0%
Cash
4.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-77.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results that correspond to two times (2x) the daily performance of ADA.
Strategy
The Fund seeks to achieve its investment objective primarily through managed exposure to ADA futures contracts and cash-like instruments. It aims to provide investment results that correspond to twice the performance of ADA for a single day. The Fund will invest at least 80% of its net assets in ADA-Linked Instruments, including ADA Futures Contracts and shares of ADA-linked ETPs. The Fund does not invest directly in ADA but seeks to benefit from increases in the price of ADA Futures Contracts.
Inception date
March 31, 2026
Fund family
Volatility Shares LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-29