WX: Corgi All World 2x Daily ETF

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

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.

Learn the strategy

Read the leveraged ETFs guide for the return driver, failure modes, and how this type of sleeve fits in an alpha stacking portfolio.

Similar ETFs

Official sources

Use the issuer and regulatory documents below to verify current holdings, fees, exposure, and risk disclosures.

Corgi Invest (WX)

How Alpha Stacking uses source documents and chart data

Beta and MER may not be accurate.
Educational content only; not investment advice. Past performance does not guarantee future results.