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Founder-Led ETF Shares (FDRS)

Large Blend | Exchange Traded Fund | NasdaqGM
25.02 USD -0.39 (-1.535%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 25.02

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:07 a.m. EDT

This instrument is a newly launched, founder-led ETF with no price history beyond a single trading session and absolutely no dividend track record. The lack of annual trajectory data makes it impossible to assess long-term business quality or multi-year performance trends; consequently, the long-term outlook remains neutral due to the absence of historical evidence rather than poor fundamentals. In the short term, the stock is trading near its 52-week high, showing slight upward momentum against moving averages, yet the statistical forecast model offers no directional edge, predicting a flat path over the next 45 days. The options market confirms this stagnation, with virtually no speculative flow or hedging activity. Without a proven track record, consistent growth metrics, or active market participation, this security cannot be rated as a buy or a sell at this time.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.056130
AutoETS0.056133
AutoTheta0.056382
MSTL0.068433

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 49%
H-stat 1.84
Ljung-Box p 0.000
Jarque-Bera p 0.497
Excess Kurtosis -0.67
Attribute Value
Trailing P/E 35.27

As of Aug. 22, 2026, 1:07 a.m. EDT: Speculator positioning is negligible and fragmented. For the September expiration, there is minimal interest with only a few contracts at deep strikes, while the December expiry shows slightly more open interest at a far out-of-the-money strike ($27), suggesting a speculative bet on significant upside, though volume is virtually zero. Implied volatility is extremely low across the board, indicating a lack of active hedging or directional conviction.


Info Dump

Attribute Value
All Time High 25.75
All Time Low 19.37
Ask 24.13
Ask Size 3
Average Daily Volume10 Day 27,790
Average Daily Volume3 Month 76,006
Average Volume 76,006
Average Volume10Days 27,790
Beta3 Year 0.0
Bid 17.52
Bid Size 2
Category Large Blend
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.37
Day Low 25.02
Eps Trailing Twelve Months 0.7094241
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.53934
Fifty Day Average Change 1.4806614
Fifty Day Average Change Percent 0.06290157
Fifty Two Week Change Percent 2.8744936
Fifty Two Week High 25.75
Fifty Two Week High Change -0.72999954
Fifty Two Week High Change Percent -0.028349496
Fifty Two Week Low 19.37
Fifty Two Week Low Change 5.6499996
Fifty Two Week Low Change Percent 0.29168814
Fifty Two Week Range 19.37 - 25.75
First Trade Date Milliseconds 1,767,105,000,000
Full Exchange Name NasdaqGM
Fullday Change -0.389999
Fullday Change Percent -1.53483
Fullday Price 25.02
Fund Family Corgi Funds
Fund Inception Date 1,766,966,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-12-30
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index tracks the performance of the top 50 founder-led publicly traded U.S. companies, defined as companies where at least one original founder currently serves in a C-suite or equivalent key executive role. Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in founder-led company equities included in the index and/or in financial instruments that collectively provide exposure to founder-led companies represented in the index. The fund is non-diversified.
Long Name Founder-Led ETF Shares
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1966640491
Nav Price 24.4611
Net Assets 86,448,704.0
Net Expense Ratio 0.49
Open 25.329
Phone 800-806-2986
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 25.02
Post Market Time 1,787,947,449
Previous Close 25.41
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.389999
Regular Market Change Percent -1.53483
Regular Market Day High 25.37
Regular Market Day Low 25.02
Regular Market Day Range 25.02 - 25.37
Regular Market Open 25.329
Regular Market Previous Close 25.41
Regular Market Price 25.02
Regular Market Time 1,787,947,201
Regular Market Volume 1,279
Short Name Founder-Led ETF
Source Interval 15
Symbol FDRS
Total Assets 86,448,704
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 35.268044
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.51746
Trailing Three Month Returns 0.51746
Triggerable 1
Two Hundred Day Average 22.835663
Two Hundred Day Average Change 2.1843376
Two Hundred Day Average Change Percent 0.09565466
Type Disp ETF
Volume 1,279
Ytd Return -8.75674