Corgi CRWD 2x Daily ETF (CRWC)

The Corgi CRWD 2x Daily ETF seeks daily investment results, before fees and expenses, of two times (200%) the daily performance of the common stock of CrowdStrike Holdings, Inc. (CRWD). The target applies to a single trading day, so returns over longer periods can differ substantially from the multiple of the stock's return because of daily compounding.

CrowdStrike, headquartered in Austin, Texas, provides cloud-delivered cybersecurity through its Falcon platform, covering endpoint protection, threat intelligence, identity protection and related security services. The fund gets its exposure mainly through swap agreements and may also use options or hold shares of the stock, keeping its remaining assets in cash and short-term instruments.

The fund is sponsored by Corgi ETFs. Because it resets its exposure every day, it is built as a short-term trading tool rather than a buy-and-hold investment.