Corgi Europe Equities 2x Daily ETF (XEUR)

The Corgi Europe Equities 2x Daily ETF is a leveraged exchange-traded fund listed on Cboe BZX under the ticker XEUR. It seeks daily investment results, before fees and expenses, of approximately two times the daily performance of a benchmark of European stocks.

The fund gains its leveraged exposure primarily through derivatives such as swap agreements and resets its exposure each trading day so that it targets twice the return of one day only. The underlying benchmark represents equities of companies in developed European markets.

Because leverage is applied to daily returns, performance over longer periods can differ significantly from twice the benchmark's return, especially during volatile markets. Currency movements between the euro and other European currencies and the U.S. dollar can also affect results. The fund is part of the Corgi ETF family.