FDRX ETF — Founder-Led 2X Daily ETF

Founder-Led 2X Daily ETF (FDRX)

Updated October 16, 2026.

FDRX is an ETF. its expense ratio is 1.08%. Total return is -11.2% over the past 0.8 years, 22.6 points behind SPY at 11.4%.

Founder-Led 2X Daily ETF is a leveraged equity ETF that seeks to deliver twice the daily performance of an index of U.S.-listed founder-led companies, using a passive approach rather than attempting to outperform the index. The fund does not currently distribute income to shareholders. With an expense ratio of 1.08%, it appeals primarily to active traders and tactical investors seeking short-term leveraged exposure to founder-led equities, rather than to income-focused investors.

FDRX performance versus SPY

Price and return data through 2026-10-16.

Total return is -11.2% over the past 0.8 years, 22.6 points behind SPY at 11.4%.

FDRX key facts

Issuer

Corgi Strategies

Asset type

ETF

Asset class

Equity

Inception date

01/14/2026

Expense ratio

1.08%

Distribution frequency

None

Last close

$22.20 (as of 2026-10-16)

AUM

$964,826

Average volume

12436.0

Beta

3.2707

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Corgi Strategies; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDRX risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FDRX — and who may not

It is a weaker fit for investors who need monthly cash flow (FDRX does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FDRX

• All tickers starting with F

Tagged: Leverage.

Frequently asked questions

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