Corgi U.S. Mid-Cap 2x Daily ETF seeks daily investment results, before fees and expenses, that correlate to two times (2x) the daily performance of the Vanguard Mid-Cap ETF. The fund achieves its target daily leveraged objective by utilizing short-term financial derivatives, systematically resetting portfolio exposure on a single-day basis to double the price movement of its underlying medium-capitalization equity reference asset.
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