Corgi AGIX 2x Daily ETF (XAGI)

The Corgi AGIX 2x Daily ETF is a leveraged exchange-traded fund listed on Cboe BZX under the ticker XAGI. It seeks daily investment results, before fees and expenses, of approximately two times the daily performance of the security trading under the ticker AGIX, an exchange-traded fund focused on artificial intelligence and related technology companies.

To achieve its leveraged exposure, the fund typically uses derivatives such as swap agreements, and it rebalances its exposure daily so that it targets twice the return of a single trading day only.

Because of this daily reset, returns over periods longer than one day can deviate significantly from twice the return of the underlying fund, especially in volatile markets. The fund is part of the Corgi ETF lineup.