Corgi Brazil 2x Daily ETF (BRZX)

The Corgi Brazil 2x Daily ETF (BRZX) seeks daily investment results equal to twice (2x) the daily performance of Brazilian equities, typically by referencing a Brazil-focused index or exchange-traded fund through swaps or similar derivatives.

The 2x objective applies to daily returns only, and compounding means results over longer periods can differ significantly from twice the underlying return. The fund is offered by Corgi, a newer ETF sponsor, and trades on the Cboe BZX exchange.