Corgi MARA 2x Daily ETF (MHX)

The Corgi MARA 2x Daily ETF is a leveraged single-stock fund that seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of MARA Holdings, a bitcoin mining company formerly known as Marathon Digital Holdings.

The fund obtains its exposure mainly through swap agreements and similar derivatives and resets its leverage every trading day. Because it targets the multiple for a single day, its performance over longer periods can differ significantly from twice MARA's cumulative return due to compounding.