T-REX 2X Long KTOS Daily Target ETF (KTUP)

The T-REX 2X Long KTOS Daily Target ETF is a leveraged single-stock fund that seeks to deliver twice the daily percentage change in the share price of Kratos Defense & Security Solutions, a U.S. defense technology company known for unmanned aircraft, hypersonic systems, satellite communications and related products.

The fund obtains its exposure mainly through swap agreements and similar derivatives. Because the 2x objective resets each trading day, returns over longer periods can differ substantially from twice the performance of Kratos stock.

The fund belongs to the T-REX family of leveraged ETFs offered by REX Shares in partnership with Tuttle Capital Management, and lists on Cboe BZX.