Corgi UMC 2x Daily ETF (UMCX) Price & Chart

Corgi UMC 2x Daily ETF

Corgi UMC 2x Daily ETF (UMCX) is a sector-focused, single‑stock leveraged ETF that seeks to deliver twice (2x) the daily price performance of United Microelectronics Corporation (NYSE: UMC), a pure‑play semiconductor foundry. The fund is classified in the Information Technology sector with a niche focus on Semiconductors and obtains its leveraged exposure primarily through derivatives such as total‑return swaps and other instruments. UMCX is designed for short‑term tactical use: traders can amplify directional bets on UMC’s intraday moves, implement fast hedges, or pursue high‑conviction, short‑duration trades on semiconductor equity performance. Because the fund resets and rebalances daily, its multi‑day returns can diverge substantially from two times the cumulative return of UMC due to compounding, volatility and path dependence. Investors should be aware that leverage magnifies both gains and losses, and that derivatives introduce counterparty and tracking risks; fees, expenses and transaction costs also reduce performance. As a concentrated, leveraged vehicle tied to a single semiconductor issuer, UMCX carries materially higher volatility and risk than broad technology or diversified semiconductor ETFs and is generally not intended for long‑term buy‑and‑hold investors.