The launches expand Corgi's leveraged exchange-traded fund (ETF) range with products offering 2x daily exposure to technology, semiconductor and consumer stocks.
Corgi has launched 31 single stock 2x Daily exchange traded funds (ETFs) on the Cboe BZX Exchange, expanding its range of leveraged ETFs through two listing waves on 24 June and 26 June. The ETFs are designed for sophisticated investors seeking short-term exposure The ETFs seek to deliver 200% of the daily performance of their respective underlying stocks before fees and expenses. The first wave included 15 ETFs, each carrying a 0.45% expense ratio. Among these, 14 are the first 2x leverage