Corgi LITE 2x Daily ETF (LITC)

The Corgi LITE 2x Daily ETF is a leveraged single-stock fund that seeks twice the daily percentage change in the share price of Lumentum Holdings, a maker of optical and photonic products, including lasers and optical components used in data center and telecommunications networks, which trades under the ticker LITE.

The fund uses swaps and other derivatives to obtain its leverage. Because the 2x target resets every trading day, performance over longer periods can deviate meaningfully from twice the return of Lumentum shares. It is part of the Corgi ETF lineup and trades on Cboe BZX.