Corgi All World 2x Daily ETF (WX)

The Corgi All World 2x Daily ETF is a leveraged fund in the Corgi ETF lineup that seeks daily investment results equal to twice (2x) the daily performance of a broad global equity benchmark covering stocks from developed and emerging markets.

The fund uses swaps and other derivatives to achieve its leverage and resets its exposure every trading day. Its objective applies to a single day only, so compounding can cause returns over longer periods to differ significantly from twice the return of the underlying global stock benchmark.

The fund is designed for short-term trading rather than as a diversified long-term holding.