Corgi Quantum Computing 2x Daily ETF
XQTM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 425 Bush St, Suite 500 San Francisco CA United States of America 94104
- IPO Date
- Jun 30, 2026
- CIK
- 0002078265
- Website
- corgifunds.com
- Similar Companies
- Business
- Corgi Quantum Computing 2x Daily ETF is a non-diversified, exchange-traded fund that seeks daily investment results, before fees and expenses, equal to two times the daily performance of the Corgi Quantum Computing ETF (CQTM), its actively managed underlying thematic fund. The Fund provides leveraged exposure to companies involved in quantum-computing hardware, quantum-enabled technologies, error correction and related software through a daily-reset strategy; it obtains its exposure principally through total return swaps and other financial instruments rather than by directly holding the underlying portfolio’s constituent equities. The Fund’s principal instrument includes a total return swap referencing CQTM, supplemented by cash and money-market investments for collateral and liquidity management. XQTM is designed for sophisticated investors seeking actively monitored, short-term thematic exposure, as compounding and daily rebalancing can cause returns over periods longer than one day to differ materially from twice the cumulative return of CQTM. The Fund trades in U.S. dollars on Cboe BZX under the ticker XQTM, carries a 0.45% expense ratio, and is offered through standard brokerage accounts without requiring margin borrowing or a margin agreement. Corgi Strategies, LLC serves as investment adviser; Paralel Distributors LLC serves as distributor; U.S. Bank N.A. serves as custodian; and U.S. Bancorp Fund Services serves as administrator and transfer agent. The Fund is part of Corgi Funds’ quantum-computing product suite, which also includes the unlevered Corgi Quantum Computing ETF and leveraged single-stock ETFs tied to selected quantum-computing companies, including IonQ, D-Wave Quantum and Rigetti Computing. Corgi launched XQTM on June 30, 2026, as part of a broader launch of 24 ETFs on Cboe BZX, including 15 leveraged 2x daily ETFs and nine structured buffer ETFs, expanding the issuer’s thematic and leveraged ETF offerings. Corgi Funds, founded in 2025, develops low-fee thematic, leveraged, structured-buffer and fixed-income ETFs intended to provide investors with access to disruptive technology themes and modern investment strategies.