Corgi WDC 2x Daily ETF (WDCC)

The Corgi WDC 2x Daily ETF is a leveraged single-stock fund in the Corgi ETF lineup that seeks daily investment results equal to twice (2x) the daily percentage change in the share price of Western Digital Corporation (WDC), a maker of hard disk drives and data storage products.

The fund obtains its leveraged exposure primarily through swap agreements and other derivatives tied to Western Digital stock and resets its exposure each trading day. The 2x target applies only to a single day; because of compounding, returns over longer periods can differ significantly from twice the return of the underlying shares.

The product is built for short-term trading rather than as a diversified long-term holding.