Corgi U.S. Healthcare 2x Daily ETF (XLVX)

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

The health care sector includes pharmaceutical and biotechnology companies, medical device and equipment makers, health insurers, and health care service providers. The fund obtains leveraged exposure through derivatives such as swaps and resets its exposure each trading day.

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