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XLKXCorgi U.S. Technology 2x Daily ETF

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Seeks daily investment results that correlate to 2x the daily performance of the State Street Technology Select Sector SPDR Fund.

Annual Cost

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Fund Size

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Return (1Y)Goal

N/A

Track Record

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Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Leveraged

Index tracked

Technology 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 Technology Select Sector SPDR Fund.
Strategy
Actively managed ETF seeking daily investment results that correlate to 2x the daily performance of the Technology Select Sector SPDR Fund. Invests primarily in derivatives, including total return swaps and equity futures, to achieve approximately 200% exposure to U.S. technology sector equities. Maintains cash equivalents for collateral and liquidity. Under normal circumstances, invests at least 80% of net assets in financial instruments providing leveraged exposure to U.S. technology companies.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

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