Corgi Invest Launches 14 Bond ETFs With Fees Starting at Two Basis Points

Corgi Invest Launches 14 Bond ETFs With Fees Starting at Two Basis Points
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EmitenTrust.com - Fourteen new FTSE index ETFs span core bond allocations and targeted exposures, with seven funds at 0.02% and the entire lineup at 0.02% to 0.08%.

SAN FRANCISCO, Oct. 22, 2026 /PRNewswire/ -- Corgi Invest today announced the launch of 14 fixed income exchange-traded funds, bringing annual expense ratios as low as 0.02% to a lineup spanning U.S. Treasuries, inflation-protected bonds, aggregate bonds and corporate credit. Seven of the funds carry a two-basis-point annual expense ratio, equivalent to $2 a year for every $10,000 invested, assuming a constant investment value.¹

The launch expands Corgi Invest's fixed income platform across core portfolio allocations and targeted bond exposures. Seven funds are priced at 0.02%, six at 0.05% and one at 0.08%. The two-basis-point strategies cover broad U.S. Treasuries, Treasury Inflation-Protected Securities (TIPS), aggregate bonds and investment grade corporate bonds, along with selected Treasury and corporate maturity segments.

The new lineup brings substantial expense-ratio differences to several established bond ETF categories. The Corgi FTSE U.S. TIPS Bond ETF (TTTT) is priced at 0.02%, compared with 0.18% for the iShares TIPS Bond ETF (TIP) and 0.03% for the Schwab U.S. TIPS ETF (SCHP). The Corgi FTSE Fallen Angels Bond ETF (ANG) is priced at 0.08%, compared with 0.25% for both the iShares Fallen Angels USD Bond ETF (FALN) and the VanEck Fallen Angel High Yield Bond ETF (ANGL).²

Expense ratios have a direct bearing on the cost of maintaining a fixed income allocation. Investors often use bonds to support retirement spending and other income needs, and fund operating expenses reduce the returns available to meet those objectives. Those costs recur throughout the holding period. Lower expenses reduce that recurring drag, although they do not guarantee better performance or eliminate interest-rate, credit or liquidity risk.

The Corgi FTSE High Yield Corporate Bond ETF (HH) carries an annual expense ratio of 0.05%, compared with 0.49% for the iShares iBoxx $ High Yield Corporate Bond ETF (HYG). At a constant $10,000 investment value, those rates represent approximately $5 and $49 in annual fund operating expenses, respectively.¹ Other low-cost alternatives include the iShares Broad USD High Yield Corporate Bond ETF (USHY) at 0.08% and the State Street SPDR Portfolio High Yield Bond ETF (SPHY) at 0.05%.² The Schwab High Yield Bond ETF (SCYB), at 0.03%, has a lower annual operating expense ratio than HH. SCYB tracks a different ICE cash-pay high-yield index.²

Lower-fee alternatives also exist in Treasury exposures. Vanguard Long-Term Treasury ETF (VGLT) charges 0.03%, compared with 0.05% for Corgi FTSE 20+ Year U.S. Treasury Bond ETF (LTB). Schwab Intermediate-Term U.S. Treasury ETF (SCHR) charges 0.03%, compared with 0.05% for Corgi FTSE 7-10 Year U.S. Treasury Bond ETF (SVTN). VGLT covers maturities over 10 years versus LTB's 20+ years; SCHR covers 3-10 years versus SVTN's 7-10 years. These differences can materially affect duration, risk and returns.²

Each of the 14 funds seeks to track its respective FTSE index before fees and expenses. The expanded lineup gives investors and advisors additional ways to select maturity and credit exposures while evaluating ongoing costs. By extending competitive pricing across a broad range of bond strategies, Corgi Invest is making expense discipline a central part of its fixed income offering.

Selected annual expense ratio comparisons

Annual gross operating expense ratios and selected comparable exposures are shown below. Issuer figures were checked October 21, 2026.²

The fourteen fund lineup

About Corgi Invest

Corgi Invest offers exchange-traded funds across fixed income, equity and structured strategies. Corgi Strategies, LLC serves as investment adviser to the funds. Learn more at corgiinvest.com.

Media contact

Corgi Press, press@corgi.insure

Important information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Funds and should be read carefully before investing. A copy of the prospectus is available at corgiinvest.com.

Investing involves risk, including possible loss of principal. There is no guarantee that any Fund will achieve its investment objective. Bond prices generally fall when interest rates rise; longer-duration bonds are typically more sensitive to interest-rate changes. Fixed income investments also involve credit, liquidity, income, call, prepayment and extension risks. Income is not guaranteed.

High yield and fallen angel bonds are below investment grade and involve greater credit and default risk than investment grade bonds. TIPS can decline in value as real interest rates rise, and their income varies with inflation. U.S. government backing applies to eligible underlying securities, not to ETF shares. Funds focused on particular credit ratings or maturity segments may experience risks differently from broader bond funds.

The Funds are non-diversified and may invest more of their assets in fewer issuers, increasing the impact of an issuer's losses. They are newly organized and have limited or no operating history. An active trading market may not develop or be maintained. Shares trade at market prices, which may differ from net asset value, and are not individually redeemable. Brokerage commissions, bid-ask spreads and other trading costs reduce returns and may be higher for new funds. Index tracking is not guaranteed. One may not invest directly in an index.

FTSE indexes are provided by FTSE Russell. FTSE and related marks belong to their respective owners. The Funds are not sponsored, endorsed, sold or promoted by FTSE Russell or its affiliates. Other third-party fund names and marks are used for identification only.

Corgi Strategies, LLC is the investment adviser. Distributed by Paralel Distributors LLC. The distributor is unaffiliated with Corgi Strategies, LLC. This release is informational only and is not an offer or solicitation; offers are made only by prospectus.

Expense illustrations and comparison notes

1. Dollar illustrations equal the stated annual expense ratio multiplied by a constant $10,000 balance. They assume no changes in investment value or expense ratios and exclude brokerage commissions, bid-ask spreads, taxes, advisory charges and other investor costs. Actual expenses vary. These are not return forecasts or the standardized expense examples in the prospectuses.

2. Comparison sources are issuer websites, fact sheets and prospectuses checked October 21, 2026. Ratios shown are annual gross operating expenses; Corgi estimates are from its October 13, 2026 prospectus. Morningstar prospectus net expense ratios were cross-checked separately for the comparison ETFs. Material differences, fee arrangements and links to both sides of every comparison appear in the following disclosures.

Index differences include maturity eligibility, liquidity screens, issuer caps and weighting. Corgi's 0+ year indexes can include shorter-maturity securities than indexes with a one-year minimum. ANG uses a FTSE time-weighted index capped at 5% per issuer; FALN uses a Bloomberg 3% capped index and ANGL an ICE 10% constrained index. These differences can materially affect risk and returns.

See the following fund comparison disclosures for fund-specific website and issuer fact-sheet links.

Fund comparison disclosures

Annual gross operating expense ratios, checked October 21, 2026. Each fund seeks its own index results before fees and expenses. This is a selected expense comparison, not a performance comparison or a market-wide lowest-cost claim. Index rules do not describe identical portfolios; actual holdings and returns can differ. m = million; bn = billion.

Important comparison information

Expenses. Corgi ratios are estimated annual operating expenses in the October 13, 2026 prospectus, with no fee-waiver reduction. All ratios exclude commissions, bid-ask spreads, portfolio transaction costs and investor taxes. Lower operating expenses do not guarantee higher returns or lower total ownership costs. Fees may change.

Fee arrangements. AGG waives affiliated acquired-fund fees through June 30, 2027; earlier termination requires written agreement of its trust and adviser. The waiver rounds to 0.00%; gross and net are both 0.03%. ANGL's adviser pays offering costs until at least September 1, 2027; gross and net operating expenses are both 0.25%. No separate waiver reduction is shown for VGLT, SCHR or SCYB in their issuer fact sheets.

Liquidity and history. Corgi funds are newly organized, non-diversified and have limited history; established peers have longer operating histories. Corgi may have greater concentration risk, and an active market may not develop. ETF shares trade above or below net asset value; spreads and liquidity can worsen during market stress. Shares are not individually redeemable.

Safety and risk. All funds can lose principal. Rising interest rates generally reduce bond prices; longer duration increases sensitivity. Corporate bonds face default and downgrade risk; high yield and fallen angels have greater credit and liquidity risk. Aggregate bonds face mortgage prepayment and extension risk. TIPS face real-rate and inflation risk. ETF shares are not FDIC insured, bank guaranteed or government guaranteed; Treasury backing does not protect ETF shares.

Tax features. Distributions and sale gains may be taxable; treatment varies by holdings, account and investor. Treasury-income state/local treatment can differ from corporate-bond income. Corgi cash creations/redemptions may generate costs and taxable gains versus in-kind transactions; peers may also use cash. No comparative tax advantage is claimed.

Sources. Issuer websites, fact sheets and prospectuses support the gross ratios. Morningstar's Prospectus Net Expense Ratio field was independently checked October 21, 2026 for the named comparison ETFs; net figures are corroboration, not a substitute for gross expense disclosures. No Morningstar rating or endorsement is claimed.

Consider each fund's investment objectives, risks, charges and expenses carefully. Read its prospectus before investing. Fund-specific websites below provide access to prospectuses and additional information.

Corgi fund websites: SVTN | TNTW | LTB | UB | TTTT | AGGB | IGB | FTN | LIGB | AAAB | BBBB | HH | ANG | GCB

Comparison fund websites / original issuer fact sheets:

AGG (fact sheet) | TIP (fact sheet) | SCHP (fact sheet) | LQD (fact sheet) | SPBO (fact sheet) | HYG (fact sheet) | USHY (fact sheet)

SPHY (fact sheet) | FALN (fact sheet) | ANGL (fact sheet) | VGLT (fact sheet) | SCHR (fact sheet) | SCYB (fact sheet)

Corgi investment adviser: Corgi Strategies, LLC. Distributed by Paralel Distributors LLC, unaffiliated with Corgi Strategies, LLC.

COR206

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