Corgi Lists Founder-Led 2x Daily ETF (FDRX) on Nasdaq
Rhea-AI Summary
Corgi (Nasdaq: FDRX) listed its Founder-Led 2x Daily ETF on Nasdaq on January 21, 2026. The fund seeks amplified daily exposure (2x) to companies identified as founder-led using a rules-based methodology. Corgi described FDRX as a vehicle for investors to express a tactical view on founder-led companies, citing alignment between leadership and strategy. FDRX shares trade on Nasdaq and are available through broker-dealers and other financial intermediaries.
Positive
- Nasdaq listing for FDRX on January 21, 2026
- 2x daily leverage provides amplified exposure
- Rules-based founder-led screen for targeted exposure
- Immediate tradability via broker-dealers and intermediaries
Negative
- 2x daily leverage increases short-term volatility and risk
- Not designed for long-term buy-and-hold due to daily reset effects
Corgi lists its Founder-Led 2x Daily ETF on Nasdaq to provide diversified, rules-based founder-led exposure.
"FDRX allows investors to express a tactical view on founder-led companies, a segment reflecting alignment between leadership and strategy," said Nicolas Laqua, CEO of Corgi.
FDRX shares trade on Nasdaq and can be bought and sold through broker-dealers and other financial intermediaries.
About Corgi
Corgi is an AI Financial Infrastructure Company developing technology enabled products in insurance and finance. To learn more about Corgi, follow us on LinkedIn, on X, or at www.corgifunds.com.
Important Information
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. A copy of the prospectus is available at www.corgifunds.com.
Investing involves risk, including possible loss of principal. There is no guarantee the Fund will achieve its investment objective.
The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of its reference index. The Fund does not seek to achieve its stated investment objective over periods longer than one trading day. Due to compounding, the Fund's performance over periods longer than one day may differ significantly from two times (2x) the performance of the reference index, particularly during periods of increased market volatility.
The use of leverage magnifies both gains and losses and may result in significant losses. The Fund uses derivatives, including swap agreements, which may expose the Fund to additional risks, including counterparty risk, liquidity risk, valuation risk, and tracking error. The Fund is not intended for buy-and-hold investors.
ETF shares trade at market price (not NAV), are not individually redeemable, and may trade at a premium or discount to NAV. Brokerage commissions will reduce returns. The Fund is new with a limited operating history.
Founder-led screening may limit the Fund's investment universe and affect performance.
This release is informational only and not an offer or solicitation; offers are made only by prospectus.
Paralel Distributors, LLC (FINRA/SIPC) is the distributor. Corgi Strategies, LLC is the adviser. Paralel is unaffiliated with Corgi Strategies, LLC and Corgi. Control No.: COR47
Media Contact
Emily Yuan
COO
emily@corgi.insure
301-693-2267
View original content to download multimedia:https://www.prnewswire.com/news-releases/corgi-lists-founder-led-2x-daily-etf-fdrx-on-nasdaq-302666542.html
SOURCE Corgi Funds
FAQ
What is the Nasdaq symbol and launch date for Corgi's Founder-Led 2x Daily ETF?
What exposure does FDRX seek and how is it achieved?
How can investors buy or sell shares of FDRX (Nasdaq: FDRX)?
Who is the ETF intended for and what investment view does it express?
What is a key risk of investing in a 2x daily ETF like FDRX?
