BRZX – Corgi Brazil 2x Daily ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correlate to two times (2x) the daily performance of the iShares MSCI Brazil ETF (the "underlying ETF"). Under normal circumstances, the fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in financial instruments (for example, swaps and futures) that, in the aggregate, provide leveraged exposure to Brazilian equity securities equal to approximately two times (200%) the daily performance of such investments. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BRZX	Corgi Brazil 2x Daily ETF	ETF	Open	—	—	Jun 2, 2026	$411,237.00	0.450%	—	—	—

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