Corgi U.S. Consumer Staples 2x Daily ETF (XLPX)

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

Consumer staples companies produce and sell everyday necessities such as food, beverages, household goods and personal care products, along with the retailers that distribute them. The fund obtains its leverage through derivatives such as swap agreements and resets its exposure daily.

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