T-REX 2X Long PAAS Daily Target ETF

T-REX 2X Long PAAS Daily Target ETF is a leveraged exchange-traded fund designed to provide sophisticated investors with amplified exposure to the precious metals mining sector. The fund seeks daily investment results, before fees and expenses, equivalent to 200% of the daily performance of the common stock of Pan American Silver Corp. It achieves this objective through the use of swap agreements and other financial instruments that deliver leveraged returns on a daily basis, rebalancing its portfolio each trading day to maintain the targeted exposure. This structure makes it a tool for active traders aiming to magnify short-term movements in PAAS without needing margin accounts. Managed by REX Shares in partnership with Tuttle Capital Management, the ETF is part of the broader T-REX suite, which offers similar 2x leveraged and inverse products on individual stocks and assets. It emphasizes daily targets only, with performance over longer periods likely diverging due to compounding effects, volatility, and daily resets. The fund carries heightened risks from leverage, including potential for significant losses even if the underlying stock rises modestly over time or remains flat.