Corgi ETF Trust I - LRN 2x Daily ETF
LRNX
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- Corgi LRN 2x Daily ETF is a U.S.-listed, non-diversified single-stock leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of Stride, Inc. common stock (NYSE: LRN). The fund provides leveraged long exposure to Stride through financial instruments, including swap agreements and exchange-traded equity futures, and, under normal circumstances, invests at least 80% of net assets plus borrowings for investment purposes in instruments designed to provide approximately 2x daily exposure to the underlying security. It is designed for investors seeking short-term, daily-reset leveraged exposure rather than performance over periods longer than one trading day; its returns can diverge materially from twice the cumulative return of Stride over multi-day periods. Corgi LRN 2x Daily ETF is listed on Cboe BZX Exchange under the ticker LRNX, has a 0.45% expense ratio, and commenced trading on June 24, 2026. The fund is issued within the Corgi ETF Trust I/Corgi Funds platform, a New York-based AI fintech and ETF sponsor established in 2026 that develops single-stock 2x daily ETFs for U.S. brokerage investors. In June 2026, Corgi expanded its product range through the staged launch and Cboe listing of 31 single-stock 2x daily ETFs, including LRNX, across two offering waves; the broader lineup provides leveraged exposure to companies across education technology, semiconductors, consumer products, communications equipment, technology, e-commerce and other sectors.