Corgi U.S. Financials 2x Daily ETF (XLFX)

The Corgi U.S. Financials 2x Daily ETF is a leveraged exchange-traded fund listed on Cboe BZX under the ticker XLFX. It seeks daily investment results, before fees and expenses, of approximately two times the daily performance of a benchmark of U.S. financial sector stocks.

The financial sector spans banks, insurance companies, asset managers, brokerages, payment processors and other diversified financial firms. The fund achieves its leveraged exposure through derivatives such as swap agreements and resets its exposure every trading day.

Because the 2x target applies to daily returns only, performance over longer periods can differ significantly from twice the benchmark's return. The fund is part of the Corgi ETF family.