Corgi LASR 2x Daily ETF (LASC)

The Corgi LASR 2x Daily ETF is a leveraged single-stock fund that seeks twice the daily percentage change in the share price of nLIGHT, Inc., a U.S. maker of high-power semiconductor and fiber lasers used in industrial, microfabrication and aerospace and defense applications, which trades under the ticker LASR.

The fund relies on swaps and similar derivatives for its leverage. Since the 2x objective applies to a single day and resets daily, returns over longer holding periods can differ significantly from twice the performance of nLIGHT shares. It is part of the Corgi ETF lineup and lists on Cboe BZX.