Corgi JOBY 2x Daily ETF (JOBC)

Corgi JOBY 2x Daily ETF is a leveraged single-stock fund listed on Cboe BZX that seeks to deliver twice the daily percentage return of Joby Aviation, a developer of electric vertical takeoff and landing aircraft for air taxi service.

The 2x objective applies to a single trading day. Exposure is obtained mainly through swaps or options and the fund rebalances daily to maintain its leverage. Because returns compound daily, results over longer periods can differ significantly from twice the return of Joby Aviation stock, particularly given the stock's volatility.