Corgi MPWR 2x Daily ETF (MPWC) Price & Chart
MPWC ETF Chart & Stats
- Day’s Range
- $17.82 - $18.75
- 52-Week Range
- $15.75 - $29.21
- Previous Close
- $17.47
- Volume
- 509
- Average Volume (3M)
- 432
- AUM
- 349.48K
- NAV
- 17.83
- Expense Ratio
- 0.45%
- Holdings Count
- 2
- Beta
- 2.93
- Inception Date
- Jul 07, 2026
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 20,000
- Standard Deviation
- N/A
ETF Overview
Corgi MPWR 2x Daily ETF
Corgi MPWR 2x Daily ETF (MPWC) is a sector-focused, single-stock leveraged ETF that seeks to deliver twice (200%) the daily price performance of Monolithic Power Systems, Inc. (NASDAQ: MPWR). Positioned in the Information Technology sector with a niche concentration in semiconductors and power-management integrated circuits, MPWC provides targeted exposure to one of the industry’s specialized chipmakers rather than a broad semiconductor index. The fund achieves its objective through derivatives—including total return swaps and similar contracts—and is designed to track MPWR’s daily moves before fees and expenses. Because it offers 2x daily leverage, gains and losses are magnified: short-term rallies can produce outsized returns, while declines are amplified equivalently. The ETF’s concentrated, single-name focus and use of derivatives introduce additional risks, such as volatility-driven compounding, tracking error, counterparty exposure, and higher potential for rapid value erosion over longer holding periods. MPWC is intended primarily for sophisticated investors and active traders seeking tactical, short-term leveraged exposure to Monolithic Power Systems, or for hedging and directional strategies. It is generally not suitable as a buy-and-hold vehicle due to the effects of daily resetting leverage and the concentrated semiconductor-sector risk profile.