Corgi HIMS 2x Daily ETF (HIMC)

The Corgi HIMS 2x Daily ETF (HIMC) is a leveraged single-stock fund that seeks daily investment results of twice (2x) the daily percentage change in the share price of Hims & Hers Health, Inc. (NYSE: HIMS), the telehealth company.

The fund obtains its leveraged exposure mainly through swap agreements and other derivatives referencing Hims & Hers stock. It targets its 2x multiple for a single day only and rebalances daily, so returns over periods longer than one day can differ significantly from twice the stock's return over the same period, particularly when the share price is volatile.

The fund is part of the Corgi ETF lineup and does not seek to achieve its stated objective over longer holding periods.