WEBXCorgi Chinese Internet 2x Daily ETF
Seeks daily investment results that correlate to 2x the daily performance of the KraneShares CSI China Internet ETF.
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Classification
How Beacon categorizes this fundAsset class
EquityRegion
Emerging marketsCap
Multi cap
Strategy
Leveraged
Index tracked
CSI Overseas China Internet Index.
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results that correlate to 2x the daily performance of the KraneShares CSI China Internet ETF.
- Strategy
- Actively managed ETF seeking 2x daily performance of the KraneShares CSI China Internet ETF through derivatives like total return swaps and futures. Invests at least 80% of net assets in financial instruments providing leveraged exposure to Chinese internet equity securities. Rebalances daily to maintain 2x exposure. The Underlying ETF tracks the CSI Overseas China Internet Index, measuring performance of China-based internet companies trading on major exchanges. Non-diversified under the Investment Company Act of 1940.
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Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-07