Corgi Chinese Internet 2x Daily ETF
WEBX
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- Corgi Chinese Internet 2x Daily ETF is a U.S.-domiciled, exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of the KraneShares CSI China Internet ETF (KWEB). The fund provides leveraged exposure to Chinese internet and internet-related technology companies through financial instruments, principally total-return swaps and futures referencing KWEB, rather than by seeking to replicate the underlying ETF’s holdings directly. It is designed for investors seeking tactical, daily 2x exposure to the performance of the Chinese internet equity sector; returns for periods longer than one day may differ materially from two times the cumulative return of KWEB because of daily rebalancing and compounding. The fund is managed by Corgi Strategies, LLC, issued through Corgi ETF Trust I under the Corgi Funds brand, and carries a 0.45% expense ratio. Its investment strategy generally requires investment of at least 80% of net assets, plus borrowings for investment purposes, in instruments providing approximately 200% daily leveraged exposure to the underlying Chinese internet equity securities. WEBX serves U.S. exchange-traded fund investors and trades on Cboe BZX under the ticker WEBX. The fund launched and began trading on June 3, 2026, as part of Corgi’s 35-ETF new-issue listing on Cboe BZX, representing a significant expansion of Corgi’s suite of 2x daily leveraged products across country, sector, thematic, commodity and equity-market exposures. Corgi, founded in 2025, operates an ETF platform offering thematic, leveraged, structured-buffer and fixed-income strategies; publicly available sources do not specify a headquarters location for WEBX or Corgi Strategies, LLC.