Corgi Launches 31 Single-Stock 2x Daily ETFs on Cboe BZX, Claims Cost and Coverage Firsts
Corgi listed 31 single-stock 2x daily ETFs on Cboe BZX exchange across two consecutive waves in late June, positioning the firm as either the first or the lowest-cost provider of twice-daily leveraged exposure on dozens of individual names. The rollout, split between June 24 and June 26 listing dates, adds meaningful capacity to a segment of the ETF market that has seen rising competition on both product breadth and fee levels.
Corgi listed 31 single-stock 2x daily ETFs on Cboe BZX exchange across two consecutive waves in late June, positioning the firm as either the first or the lowest-cost provider of twice-daily leveraged exposure on dozens of individual names. The rollout, split between June 24 and June 26 listing dates, adds meaningful capacity to a segment of the ETF market that has seen rising competition on both product breadth and fee levels.
Two Waves, 31 Funds
The first wave, listed June 24, covered 15 funds and included what Corgi describes as the first 2x ETFs available on Axcelis Technologies, Camtek, and Silicon Motion, among other names. The second wave, listed June 26, added 16 funds and carried expense ratios starting at 0.20%. Corgi says each fund in both waves is either the lowest-cost or the first 2x ETF on its underlying stock.
Fee Positioning in the June 26 Wave
The 0.20% expense ratio floor on the June 26 funds is the sharpest data point for buyers running cost comparisons. Single-stock leveraged ETFs have historically carried materially higher fees than broad-market products, so a 0.20% starting point warrants attention from managers who rotate through tactical single-name exposures. The source does not specify the fee range across all 31 funds.
Coverage Firsts on Semiconductor and Tech Names
The inclusion of Axcelis Technologies, Camtek, and Silicon Motion in the June 24 wave is notable for buyers seeking leveraged single-stock access to semiconductor equipment and memory-interface supply-chain names. Corgi's claim that these are the first 2x ETFs on those stocks—if accurate—means the firm is not competing on price alone on those tickers but is opening new product slots where none previously existed on Cboe BZX.
Context
Corgi did not disclose total assets, anticipated fund flows, or launch-day trading volume in the available release. The full list of underlying stocks across both waves was not detailed in the summary beyond the three named examples. Investors evaluating the products should review each fund's prospectus, particularly with respect to the daily reset mechanism and compounding effects inherent to 2x daily structures over holding periods longer than one session.