XLBX ETF — Corgi U.S. Materials 2x Daily ETF

Corgi U.S. Materials 2x Daily ETF (XLBX)

Updated October 16, 2026.

XLBX is an ETF. its expense ratio is 0.45%. Total return is -6.8% over the past 0.4 years, 8.5 points behind SPY at 1.7%.

Corgi U.S. Materials 2x Daily ETF is an actively managed fund that seeks to deliver twice the daily performance of the State Street Materials Select Sector SPDR Fund, making it a leveraged bet on U.S. materials sector equities. The fund carries an expense ratio of 0.45% and does not distribute income to shareholders. This security appeals to traders and tactical investors seeking short-term leveraged exposure to materials stocks rather than long-term buy-and-hold income investors, given its daily rebalancing mechanics and lack of distributions.

XLBX performance versus SPY

Price and return data through 2026-10-16.

Total return is -6.8% over the past 0.4 years, 8.5 points behind SPY at 1.7%.

XLBX key facts

Issuer

Corgi Strategies

Asset type

ETF

Asset class

Equity

Inception date

06/03/2026

Expense ratio

0.45%

Distribution frequency

None

Last close

$23.44 (as of 2026-10-16)

AUM

$326,130

Average volume

21.0

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.

XLBX risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider XLBX — and who may not

It is a weaker fit for investors who need monthly cash flow (XLBX 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 XLBX

• All tickers starting with X

Tagged: Leverage, Materials.

Frequently asked questions

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