Corgi ETF Trust I - Corgi TSLA 2x Daily ETF
TESC
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- Corgi TSLA 2x Daily ETF is a U.S.-domiciled single-stock leveraged exchange-traded fund that seeks, before fees and expenses, to provide investment results corresponding to twice the daily performance of the publicly traded common stock of Tesla, Inc. (NASDAQ: TSLA). The fund is designed for sophisticated, actively monitoring investors seeking short-term amplified exposure to Tesla’s daily share-price movements rather than long-term investment exposure; its objective applies only to a single trading day, and returns over longer periods may differ materially from two times Tesla’s cumulative performance as a result of daily rebalancing, compounding and volatility. The fund obtains exposure primarily through total-return swap agreements referencing Tesla common stock, while also utilizing cash, money-market instruments and U.S. Treasury-related liquidity holdings; it does not principally seek to hold Tesla shares directly. Corgi TSLA 2x Daily ETF trades on Cboe BZX Exchange under the ticker TESC, is denominated in U.S. dollars and carries a 0.20% expense ratio. The fund is offered through Corgi ETF Trust I, advised by Corgi Strategies, LLC, distributed by Paralel Distributors LLC, custodied by U.S. Bank N.A., and administered and transfer-agent serviced by U.S. Bancorp Fund Services. Launched on June 26, 2026, TESC represents Corgi’s recent expansion into single-stock leveraged ETF products, providing brokerage-account access to 2x daily Tesla exposure without requiring investors to establish margin accounts, borrow securities or manage margin calls.