XHOACorgi U.S. Real Estate 2x Daily ETF
Seeks daily investment results that correlate to 2x the daily performance of the State Street Real Estate Select Sector SPDR Fund.
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Classification
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Large
Strategy
Leveraged
Sector
Real estateIndex tracked
Real Estate Select Sector 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 State Street Real Estate Select Sector SPDR Fund.
- Strategy
- Actively managed ETF seeking 2x daily performance of the State Street Real Estate Select Sector SPDR Fund through derivatives. Invests primarily in U.S. real estate sector equity, including equity REITs and real estate management companies, excluding mortgage REITs.
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Closest matches by profileOur take
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