Corgi GME 2x Daily ETF (GMEC)

The Corgi GME 2x Daily ETF (GMEC) is a leveraged single-stock fund from the Corgi ETF lineup. It seeks daily results equal to two times the daily percentage change in the share price of GameStop Corp., the video game and collectibles retailer.

The fund relies on derivatives such as swap agreements to provide its leveraged exposure and rebalances every day. Because of daily compounding, returns over periods longer than one day can differ materially from twice the return of GameStop stock.

The ETF is listed on Cboe BZX and is designed for short-term trading.