$EUVX vs $LAZR

The short version

EUVX is cheaper to own, at 0.45% a year versus 0.75%. LAZR is the bigger fund, with $81M in assets. EUVX has been around longer, launching on June 3, 2026.

EUVX

The Corgi Lithography & Semiconductor Photonics 2x Daily ETF aims for twice the daily move of its lithography and semiconductor photonics strategy. Leveraged ETFs reset every day. Over periods longer than a day, returns can differ a lot from 2x the underlying move, especially in choppy markets. These are trading tools, not long-term holdings for most investors.

LAZR

The Tema Photonics & Optical ETF invests in global photonics and optical technology companies tied to AI data movement, including optical interconnect, semiconductor technology and related equipment and materials. Tema launched it with research input from semiconductor analysis firm SemiAnalysis. LAZR has also held a position in privately held AI company Anthropic, which is unusual for an ETF. Private positions are valued differently from listed stocks and can be harder to trade, so read the prospectus on how they are handled.

Lower fees and more assets are helpful, but they are not the whole story. The bigger question is which strategy matches what you want to own. This comparison is not a recommendation to buy or sell either fund.