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WX: Corgi All World 2x Daily ETF
WX targets 2× daily global equity exposure by seeking twice the daily return of the Vanguard Total World Stock ETF (VT), which spans U.S., developed-market, and emerging-market stocks.
WX price history
Total return (Yahoo adjusted close—dividends and splits per Yahoo), normalized to $10,000 at first available trade date. Educational only.
Strategy
WX is a daily-reset leveraged fund, not a 2× buy-and-hold version of VT. It uses total return swaps, and may use futures and options, to keep exposure near 200% of net assets at each trading-day rebalance.
That reset makes the path matter. A steady global advance can compound favorably, while reversals and high realized volatility erode returns even when VT finishes a longer period near where it began. Its low headline expense ratio does not remove swap spreads, financing conditions, or the risk of a small new fund.
Holdings
Base sleeve
| Asset | Weight |
|---|---|
| Global all-cap equity (VT) | 200% |
Manager and Issuer Pedigree
Corgi Strategies, LLC is a new SEC-registered adviser, founded in July 2025. WX listed on Cboe BZX in June 2026, so its live operating history, assets, and secondary-market liquidity remain limited compared with established leveraged-ETF sponsors.
The fund’s portfolio is swap-based. Counterparty exposure, collateral management, and daily rebalance execution are central to tracking VT at 2×, especially around global-market gaps when the U.S. listing is open but overseas markets are closed.
Outperformance
WX can outperform in a persistent, broad global equity advance, particularly when U.S., developed, and emerging-market stocks participate and daily volatility stays contained. That is the tape where daily leverage has room to compound rather than repeatedly resize after losses.
WX is hostile to high-volatility, reversing global equity markets, as well as deep bear markets and cross-market gaps. Daily resets magnify losses and volatility drag. Favorable tape: persistent, broad global equity advance with contained realized volatility. Hostile tape: high-volatility, reversing global equity markets with frequent gap moves.
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Official ETF page
Read the official ETF page for current NAV, holdings, and documents: Corgi Invest (WX).