Corgi LASR 2x Daily ETF (LASC) Price & Chart

Corgi LASR 2x Daily ETF

Corgi LASR 2x Daily ETF (LASC) is a single‑stock, leveraged exchange‑traded fund that seeks to deliver twice (200%) the daily price performance of nLIGHT, Inc. (NASDAQ: LASR). Positioned in the Information Technology sector with a focused niche in Electronic Equipment & Instruments, the fund offers amplified exposure to nLIGHT—a company that designs and manufactures advanced photonic and laser systems used in industrial, semiconductor and defense applications. LASC achieves its objective using derivatives such as total‑return swaps and other instruments to obtain targeted two‑times daily exposure to LASR shares, with any fees, expenses and financing costs reflected in net performance. Because the fund resets daily, its performance is intended to match two times the single‑day return of LASR and will diverge from two times the return of LASR over longer holding periods due to compounding, market volatility and path‑dependency. The ETF is designed for active traders and tactical investors who want short‑term, high‑conviction exposure to price moves in nLIGHT without directly buying the underlying stock. Potential advantages include targeted, magnified returns on favorable short‑term moves and intraday flexibility. Key risks include amplified losses on adverse moves, volatility drag, tracking error, and counterparty or derivative risks associated with swap agreements. LASC is not intended as a buy‑and‑hold vehicle for long‑term investors; prospective investors should understand the mechanics of daily leverage and assess suitability relative to their risk tolerance and investment horizon.