More Bark, More Beta: Corgi Debuts 31 Single-Stock ETFs Covering Nvidia, Tesla And More
Corgi, an AI-focused fintech startup, has launched and listed 31 single-stock 2x Daily ETFs across two rollout phases on June 24 and June 26, significantly expanding its leveraged ETF lineup. • Bloom Energy Stock Rallies After The Bell — Here’s Why The funds are designed to deliver two times (2x) the daily performance of a single underlying stock, targeting active traders seeking amplified short-term exposure. The launch spans AI leaders, semiconductor companies, consumer brands and specialty technology names, with several products debuting as the first-ever 2x ETF tracking their respective underlying stocks. The company said the latest launches are part of a broader staged rollout planned for this summer. According to CEO Nicolas Laqua, the new lineup aims to broaden access to leveraged single-stock strategies while lowering costs in a segment that has historically carried high...
Corgi, an AI-focused fintech startup, has launched and listed 31 single-stock 2x Daily ETFs across two rollout phases on June 24 and June 26, significantly expanding its leveraged ETF lineup. • Bloom Energy Stock Rallies After The Bell — Here’s Why The funds are designed to deliver two times (2x) the daily performance of a single underlying stock, targeting active traders seeking amplified short-term exposure.
The launch spans AI leaders, semiconductor companies, consumer brands and specialty technology names, with several products debuting as the first-ever 2x ETF tracking their respective underlying stocks.
The company said the latest launches are part of a broader staged rollout planned for this summer.
According to CEO Nicolas Laqua, the new lineup aims to broaden access to leveraged single-stock strategies while lowering costs in a segment that has historically carried high expense ratios.
Like other leveraged ETFs, the funds reset daily and are intended for sophisticated investors managing short-term trading positions rather than long-term buy-and-hold strategies.
Key features of the Launch: • 31 single-stock 2x Daily ETFs listed on Cboe BZX Exchange across June 24 and June 26.
June 24 launch: • 15 ETFs, each carrying a 0.45% expense ratio. • 15 of the June 24 funds are the first 2x ETFs on their respective stocks, including Axcelis Technologies Inc (NASDAQ: ACLS ), ACM Research Inc (NASDAQ: ACMR ), Camtek Ltd (NASDAQ: CAMT ), Cirrus Logic Inc (NASDAQ: CRUS ), nLIGHT Inc (NASDAQ: LASR ), Stride Inc (NYSE: LRN ), Monster Beverage Corp (NASDAQ: MNST ), Silicon Motion Technology Corp (NASDAQ: SIMO ), United Microelectronics Corp (NYSE: UMC ), Instacart (NASDAQ: CART ), Motorola Solutions Inc (NYSE: MSI ), Onto Innovation Inc (NYSE: ONTO ), Rambus inc (NASDAQ: RMBS ) and Texas Pacific Land Corp (NYSE: TPL ). • Corgi KEYS 2x Daily ETF (BATS: KEYX ) launched with a 0.45% expense ratio, the lowest-cost 2x ETF tracking Keysight Technologies Inc (NYSE: KEYS ).
June 26 launch: • 16 ETFs, including 15 lowest-cost 2x ETFs on their respective underlying stocks. • Nine ETFs carry a 0.20% expense ratio, tracking NVIDIA Corp (NASDAQ: NVDA ), Tesla Inc (NASDAQ: TSLA ), Advanced Micro Devices Inc (NASDAQ: AMD ), Coinbase Global Inc (NASDAQ: COIN ), Alphabet, Inc (NASDAQ: GOOGL ), Meta Platforms, Inc (NASDAQ: META ), Microsoft Corp (NASDAQ: MSFT ), Strategy Inc (NASDAQ: MSTR ) and Palantir Technologies Inc (NASDAQ: PLTR ). • Six ETFs launched at a 0.45% expense ratio, tracking Micron Technology Inc (NASDAQ: MU ), Amazon.com, Inc (NASDAQ: AMZN ), SanDisk Corp (NASDAQ: SNDK ), Taiwan Semiconductor Manufacturing (NYSE: TSM ), AppLovin Corp (NASDAQ: APP ) and AST SpaceMobile Inc (NASDAQ: ASTS ). • Corgi UCTT 2x Daily ETF (BATS: UCTX ) debuted as the first 2x ETF tracking Ultra Clean Holdings Inc (NASDAQ: UCTT ).
Notably, Corgi has introduced 88 ETFs since the launch of its first product in December last year, not including the above 31 funds.
The company had earlier told Reuters that it plans to take its ETF lineup to 300 in less than a year, aiming to achieve in this short time what BlackRock achieved in more than 10 years.
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