# Kioxia faces more volatility as leveraged ETFs hit Japan stocks

> Source: <https://www.japantimes.co.jp/business/2026/07/27/companies/kioxia-faces-more-volatility/>
> Published: 2026-07-27 01:54:00+00:00

Kioxia Holdings faces more wild price swings with leveraged exchange-traded funds tracking the Japanese memory chipmaker’s shares set to be listed in the U.S.

Corgi Strategies, GraniteShares Advisors and Tuttle Capital Management are among issuers seeking to launch the products, a type of ETF that uses the underlying stock, futures and options to turbocharge returns. The planned listings come against a backdrop of increased scrutiny on leveraged ETFs in recent months due to their role in magnifying share price moves.

That puts Kioxia in the crosshairs of a rush by investors to ramp up bets on the AI boom that has turned leveraged ETFs into a $270 billion business. It would be the first Japanese company to have its shares tied to a single-stock leveraged ETF, according to data compiled by Bloomberg.
