Corgi South Korea 2x Daily ETF (KRWX)

The Corgi South Korea 2x Daily ETF is a leveraged fund that seeks daily investment results equal to twice the daily performance of a South Korean equity benchmark. It targets daily returns only, so performance over longer periods can deviate meaningfully from two times the return of the underlying exposure.

To achieve its leverage the fund generally relies on derivatives such as swaps, together with cash and short-term instruments. Its underlying exposure covers large South Korean companies, a market heavily weighted toward semiconductors, electronics, autos and financials. The fund is part of the Corgi lineup of ETFs and trades on Cboe BZX.