SIMX — Corgi SIMO 2x Daily ETF ☆

Corgi SIMO 2x Daily ETF, a series of Corgi ETF Trust I, targets double the one-day move of Silicon Motion Technology Corporation, whose business is designing and marketing NAND flash controller chips and storage solutions for solid-state devices. Swaps and equity futures supply the leverage, and the portfolio is rebalanced at each day's close. Compounding means returns over longer holding periods can depart well from twice SIMO's cumulative result.