ETF report · Cboe BZX
Corgi U.S. Mid-Cap 2x Daily ETF (USMX)
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USMX ETF chart
Fund facts
- Listed on
- Cboe BZX
Key statistics
About USMX
The Corgi U.S. Mid-Cap 2x Daily ETF is a leveraged fund from Corgi ETFs. It seeks daily investment results equal to two times the daily performance of a benchmark representing U.S. mid-capitalization stocks.
The fund obtains its leveraged exposure through swaps, futures or other derivatives tied to the benchmark. The 2x objective applies to a single trading day, and the effects of daily rebalancing mean returns over longer periods can differ significantly from twice the benchmark's return.
The fund is designed for short-term traders seeking amplified exposure to the U.S. mid-cap market.
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