Investment Objective. The Corgi U.S. Mid-Cap 2x Daily ETF seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Vanguard Mid-Cap ETF. The Fund does not aim to achieve 2x of the Underlying ETF for any period other than a single day, measured from one NAV calculation to the next.
Investors should consider the investment objectives, risks, charges, and expenses of each Fund carefully before investing. This and other important information is contained in the prospectus for each Fund, which can be obtained without charge from corgiinvest.com or from the SEC at www.sec.gov. Read the applicable prospectus carefully before investing.
The Fund is newly organized and has limited operating history. There can be no assurance that the Fund will grow to or maintain an economically viable size. It may take time for the Fund to attract sufficient assets and for an active secondary market for its shares to develop or be sustained, which could result in wider bid-ask spreads, increased trading costs, or trading at a premium or discount to net asset value.
The information on this site is for informational purposes only and does not constitute investment, tax, or legal advice. Please consult your own investment, tax, and legal professionals regarding your specific situation.
The Funds’ shares are listed for trading on Cboe BZX Exchange, Inc. (the “Exchange”). The Funds are not sponsored, endorsed, sold, or promoted by the Exchange. The Exchange makes no representation regarding the advisability of investing in any Fund and is not responsible for, nor has it participated in, the determination of the timing of, prices of, or quantities of Fund shares to be issued or in the determination or calculation of the equation by which shares of any Fund are redeemable. The Exchange has no obligation or liability in connection with the administration, marketing, or trading of Fund shares.
Corgi U.S. Mid-Cap 2x Daily ETF Risk. The Corgi U.S. Mid-Cap 2x Daily ETF seeks, for a single day, investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Underlying ETF. The Fund does not seek to achieve its objective for periods longer than a single trading day. Over periods longer than one day, the effects of daily compounding and the volatility of the Underlying ETF will likely cause the Fund’s performance to differ, sometimes significantly, from 2x the Underlying ETF’s return for the same period. The Fund uses leverage and derivatives, including total return swaps and other equity-linked instruments, which increase volatility and magnify losses. If the Underlying ETF declines significantly during a trading day, the Fund could experience substantial or near-total losses. The Fund is subject to correlation risk, counterparty risk, rebalancing risk, and market disruption risk. Because the Underlying ETF is concentrated in u.s. mid-cap securities, the Fund is sensitive to changes in market conditions, economic developments, and sector-specific factors affecting u.s. mid-cap investments. The Fund is non-diversified and may invest a greater percentage of its assets in a limited number of issuers. Please see the Fund’s prospectus for a more complete discussion of these and other risks.
Unaffiliated Underlying ETF. The Underlying ETF is not affiliated with, endorsed by, or sponsored by Corgi Strategies, LLC or any of its affiliates. Corgi Invest has no control over the investment decisions, index methodology, or operations of the Underlying ETF. The Underlying ETF is independently managed and is subject to its own fees, expenses, and risks independent of this Fund. References to the Underlying ETF are for informational purposes only and do not imply any affiliation, sponsorship, or endorsement.
Leverage Risk. The Fund uses leverage to target approximately 2x the Underlying ETF’s daily return. Losses are magnified relative to the Underlying ETF. If the Underlying ETF declines by around 50% during a trading day, the Fund could experience a near-total or total loss. The use of leverage increases volatility and the risk of rapid losses. Costs of obtaining and maintaining leverage, including financing charges embedded in derivatives, will reduce return.
Derivatives Risk. To the extent the Fund uses derivatives (e.g., total return swaps) to obtain exposure or for portfolio management, it is subject to counterparty, liquidity, valuation, leverage, and correlation risks. Derivatives can be more volatile than direct holdings and may increase exposure to certain market risks.
Compounding and Daily Rebalancing Risk. The Fund seeks 2x the Underlying ETF’s return for a single day, measured from one NAV calculation to the next. Over periods longer than one day, the effects of daily compounding, the path of Underlying ETF returns, and Underlying ETF volatility will likely cause the Fund’s performance to differ, sometimes significantly, from 2x the Underlying ETF return for the same period. During volatile or frequently reversing markets, returns may be lower than 2x the Underlying ETF return for the period, and you could lose money even if the Underlying ETF is flat or rises over the holding period.
Correlation Risk. The Fund seeks approximately 2x the daily performance of the Underlying ETF but may not achieve perfect leveraged correlation. Fees and expenses, transaction and financing costs, the use of derivatives, market disruptions, corporate actions, sampling, and limitations on rebalancing can all cause performance to deviate from the 2x Daily Objective.
In addition, the fund is subject to general equity market volatility and may experience amplified fluctuation due to its industry concentration.
Investing involves risk, including possible loss of principal. There is no guarantee that any investment strategy or any Fund will achieve its objectives. Shares of the Funds are bought and sold on an exchange at market price and are not individually redeemable from the Funds. Market price will fluctuate, sometimes materially, and may be higher or lower than net asset value (“NAV”). Brokerage commissions, bid-ask spreads and other trading costs will reduce returns. Performance data represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Premium/discount data shows the relationship between the market price of a Fund’s shares and that Fund’s NAV. Historical premium/discount data may not be indicative of future premium/discount levels.
The Fund issues and redeems shares only in large blocks called “Creation Units” at NAV next determined after an order is accepted. Only authorized participants (“APs”) may transact in Creation Units directly with the Fund. Investors should contact their broker or financial intermediary to place trades.
This site is intended only for investors resident in the United States. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security in any jurisdiction where such offer or solicitation would be unlawful.
Corgi ETF Trust I. Investment adviser: Corgi Strategies, LLC. Distributor: Paralel Distributors LLC. Member Firm. Paralel is unaffiliated with Corgi Strategies, LLC, The Corgi Company. © 2026 Corgi Strategies, LLC. All rights reserved.
