Corgi TSM 2x Daily ETF (TWSC)

The Corgi TSM 2x Daily ETF is a leveraged single-stock fund from Corgi ETFs. It seeks daily investment results equal to two times the daily performance of the American depositary shares of Taiwan Semiconductor Manufacturing Company (TSM), the world-leading contract chipmaker based in Hsinchu, Taiwan.

The fund obtains its leveraged exposure mainly through swap agreements and other derivatives. Its 2x target applies to a single trading day, and because exposure is reset daily, results over longer periods can differ markedly from twice the return of TSMC shares.

The fund is designed for short-term traders seeking amplified bullish exposure to one semiconductor company.