Founder-Led ETF (FDRS)

The Founder-Led ETF (FDRS) is a passively managed equity fund from Corgi that launched in 2025.

The fund tracks the Founder Led Index, which consists of the 50 largest publicly traded U.S. companies in which at least one original founder still serves in the C-suite or an equivalent leadership role. The index is weighted by market capitalization, so the largest founder-led companies make up the biggest positions.

The strategy is built around the idea that founder-run companies may differ in long-term focus and culture from professionally managed peers, and it gives investors a single portfolio of such businesses across sectors.