- What does XCOM invest in?
- Under normal circumstances, the fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in financial instruments (for example, swaps) that, in the aggregate, provide leveraged exposure to diversified commodities equal to approximately two times (200%) the daily performance of such investments. The fund is non-diversified.
- What is the expense ratio of XCOM?
- Corgi All Commodities 2x Daily ETF (XCOM) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- What is the duration of XCOM?
- Effective duration measures XCOM's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. XCOM's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of XCOM?
- XCOM's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of XCOM?
- Yield to maturity (YTM) is the total return you'd earn from XCOM if every bond in the portfolio is held to maturity at the current price. XCOM's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- Is XCOM a good long-term hold?
- XCOM is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
