Corgi MSI 2x Daily ETF(CBOE:MSIX)

MSIX seeks to deliver 200% of the daily performance of Motorola Solutions, Inc. (NYSE: MSI), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. Motorola Solutions, Inc. engages in the provision of communication infrastructure, devices, accessories, software, and services. It operates through the Products and Systems Integration and Software and Services segments. 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 MSI due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.