Corgi MPWR 2x Daily ETF

MPWC seeks to deliver 200% of the daily performance of Monolithic Power Systems, Inc. (NASDAQ: MPWR), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. Monolithic Power Systems designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for computing and storage, automotive, industrial, communications, and consumer applications markets. The portfolio is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of MPWR due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.