Corgi ASML 2x Daily ETF (ASMZ)

The Corgi ASML 2x Daily ETF (ASMZ) is a leveraged single-stock fund in the Corgi ETF lineup. It aims to deliver, before fees and expenses, two times (200%) the daily percentage change in the share price of ASML Holding N.V.

ASML, a Dutch company based in Veldhoven, supplies lithography systems, metrology and inspection tools and software to semiconductor manufacturers, and is the only producer of extreme ultraviolet lithography machines. The fund uses swaps and similar derivatives to achieve its exposure.

The fund's leverage is reset each trading day, so returns over longer periods can deviate from twice ASML's cumulative performance.