Corgi U.S. Consumer Discretionary 2x Daily ETF is an exchange-traded fund launched by Corgi ETF Trust I and managed by Corgi Strategies, LLC. The fund seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of the Consumer Discretionary Select Sector SPDR Fund (XLY), providing leveraged exposure to U.S. consumer-discretionary equities. Its principal investment activities include investing directly and through derivatives, including swap agreements and other financial instruments, to obtain targeted 2x daily exposure to companies in consumer-discretionary industries; the underlying exposure encompasses consumer retailing; automobiles and components; consumer durables and apparel; hotels, restaurants and leisure; household durables; specialty retail; internet and direct marketing retail; and related U.S. consumer-oriented businesses. The ETF is intended for investors seeking short-term, daily-reset leveraged exposure rather than returns equal to two times the benchmark over periods longer than one day, as compounding can cause longer-term returns to differ materially from the stated daily objective. XLYX is U.S.-domiciled, invests principally in the United States, trades under the ticker XLYX, and charges a 0.45% expense ratio. The fund was formed on June 3, 2026, representing a recent expansion of Corgi’s leveraged ETF product suite. Corgi, founded in 2025, develops low-fee exchange-traded funds spanning thematic, leveraged, buffer and fixed-income strategies, with offerings designed to provide access to disruptive themes, frontier technology and targeted market exposures.