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Founder-Led 2x Daily ETF Shares (FDRX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
23.57 USD +1.31 (5.882%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:55 a.m. EDT

The short-term outlook remains neutral due to a severe lack of liquidity and trading volume, which prevents any meaningful momentum or technical analysis from forming a directional edge. While the recent price action shows some volatility, the average daily volume is negligible compared to the recent activity, suggesting the asset is currently illiquid and difficult to trade effectively. For the long term, the investment case is fundamentally compromised because the security is a leveraged product designed for daily rebalancing, making it structurally unsuitable for buy-and-hold strategies regardless of the issuer's performance. Furthermore, there is no dividend history to provide any income or yield stability. The statistical forecasting model offers no guidance, reflecting the extreme difficulty in predicting the path of such a volatile, low-volume instrument.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.134325
AutoETS0.134330
AutoTheta0.137052
MSTL0.157523

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 39%
H-stat 2.23
Ljung-Box p 0.000
Jarque-Bera p 0.507
Excess Kurtosis -0.36

Info Dump

Attribute Value
All Time High 26.2
All Time Low 15.379
Ask 28.48
Ask Size 2
Average Daily Volume10 Day 560
Average Daily Volume3 Month 12,228
Average Volume 12,228
Average Volume10Days 560
Beta3 Year 0.0
Bid 16.27
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.5693
Day Low 23.5693
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.37934
Fifty Day Average Change 2.1899605
Fifty Day Average Change Percent 0.102433495
Fifty Two Week Change Percent -5.6560698
Fifty Two Week High 26.2
Fifty Two Week High Change -2.630701
Fifty Two Week High Change Percent -0.100408435
Fifty Two Week Low 15.379
Fifty Two Week Low Change 8.1903
Fifty Two Week Low Change Percent 0.5325639
Fifty Two Week Range 15.379 - 26.2
First Trade Date Milliseconds 1,768,487,400,000
Full Exchange Name NasdaqGM
Fullday Change 1.3093
Fullday Change Percent 5.88185
Fullday Price 23.5693
Fund Family Corgi Funds
Fund Inception Date 1,768,348,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,026-01-15
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The advisor follows a passive approach designed to deliver a multiple of the index’s daily move rather than to outperform the index. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of founder-led companies. The index’s eligible universe includes common equity securities of U.S.-listed companies with primary listings only. It is non-diversified.
Long Name Founder-Led 2x Daily ETF Shares
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1966640492
Nav Price 24.3793
Net Assets 11,272,937.0
Net Expense Ratio 1.08
Open 23.5693
Phone 800-806-2986
Previous Close 22.26
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 1.3092995
Regular Market Change Percent 5.8818483
Regular Market Day High 23.5693
Regular Market Day Low 23.5693
Regular Market Day Range 23.5693 - 23.5693
Regular Market Open 23.5693
Regular Market Previous Close 22.26
Regular Market Price 23.5693
Regular Market Time 1,787,947,200
Regular Market Volume 24
Short Name Founder-Led 2X Daily ETF
Source Interval 15
Symbol FDRX
Total Assets 11,272,937
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -3.18614
Trailing Three Month Returns -3.18614
Triggerable 1
Two Hundred Day Average 20.76668
Two Hundred Day Average Change 2.80262
Two Hundred Day Average Change Percent 0.13495754
Type Disp ETF
Volume 24