Corgi ACHR 2x Daily ETF (ACHX)

The Corgi ACHR 2x Daily ETF is a single-stock leveraged fund that seeks daily investment results equal to two times (200%) the daily percentage change in the share price of Archer Aviation, a San Jose, California-based company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility.

The fund obtains its exposure through swap agreements and other derivatives referencing Archer Aviation stock and rebalances daily to maintain the 2x target. Because the leverage resets each trading day, the fund's return over longer periods can differ significantly from twice the stock's cumulative return, especially when the share price is volatile.

The ETF is offered under the Corgi brand and trades on Cboe BZX under the ticker ACHX.