T-REX 2X Long KTOS Daily Target ETF

T-REX 2X Long KTOS Daily Target ETF is a leveraged equity exchange-traded fund designed to provide daily investment results that seek 200% of the daily performance of Kratos Defense & Security Solutions, Inc. Through the use of derivatives, including swap agreements, the fund aims to deliver amplified exposure to KTOS without directly holding a conventional diversified portfolio. It is structured as a single-stock strategy focused on a defense and aerospace company involved in drones, satellite communications, and national security systems. KTUP is used by market participants who want a tactical, short-term instrument tied to the daily price movement of Kratos rather than broad market exposure. As a leveraged product, it is built for active trading and daily rebalancing within the U.S. ETF market.