Founder-Led 2X Daily ETF
No trades
Key stats
About Founder-Led 2X Daily ETF
Home page
Inception date
Jan 14, 2026
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Corgi Strategies LLC
Distributor
Paralel Distributors LLC
Identifiers
3
ISIN US2189462003
FDRX offers 2x the daily performance of the Founder-Led Index, which consists of 50 US publicly traded companies in which at least one original founder remains in a key executive role. The fund primarily uses derivatives, including total return swaps, equity index futures, and other equity-linked instruments, as well as direct long positions in index constituents when operationally efficient. The fund holds cash and cash equivalents for liquidity, portfolio management, and as collateral. It maintains leveraged exposure by resetting daily. As a result, performance over periods longer than one day may differ significantly from 2x the indexs cumulative return due to daily compounding and market volatility. Index constituents may be of any market capitalization but will be weighted in the portfolio by size, up to a cap of 10%. The index is reconstituted and rebalanced quarterly on the third Friday of March, June, September, and December.
Related funds
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash90.11%
Mutual fund9.89%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FDRX trades at 21.15 USD today, its price has fallen −1.93% in the past 24 hours. Track more dynamics on FDRX price chart.
FDRX net asset value is 22.28 today — it's fallen 1.32% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FDRX assets under management is 903.20 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FDRX fund flows account for 948.91 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FDRX invests in cash. See more details in our Analysis section.
FDRX expense ratio is 1.08%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, FDRX is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, FDRX doesn't pay dividends to its holders.
FDRX trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FDRX shares are issued by Corgi Insurance Services, Inc.
FDRX follows the Founder Led Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 14, 2026.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.