Corgi U.S. Mega-Cap Growth 2x Daily ETF (MEGX)

The Corgi U.S. Mega-Cap Growth 2x Daily ETF is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, of two times (200%) the daily performance of a benchmark representing the largest growth-oriented U.S. companies.

The fund obtains its leverage through derivatives such as swap agreements and rebalances each day. Because it targets the 2x multiple only on a daily basis, returns over longer periods can differ substantially from twice the return of the underlying benchmark due to compounding.