Corgi UCTT 2x Daily ETF

UCTX seeks to deliver 200% of the daily performance of Ultra Clean Holdings, Inc. (NASDAQ: UCTT), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. UCTT engages in the development and supplying of critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry. 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 UCTT due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.