Investment Objectives and Goals |
Jun. 05, 2026 |
|---|---|
| Corgi NVDA 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NVDA 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] |
The
Corgi NVDA 2x Daily ETF (the "Fund") seeks daily investment
results, before fees and expenses, that correspond to two times (2x) the daily performance of the
publicly-traded common stock of NVIDIA Corporation (NASDAQ: NVDA) ("NVIDIA" or the "Underlying Security").
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are not
affiliated with NVIDIA Corporation, the Underlying Security, or any of its respective affiliates.
Important
information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day when
the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying Security.
Because the Fund resets its exposure each trading day, performance over periods longer than one day will
reflect the effects of compounding and may differ, sometimes significantly, from 2x the Underlying Security
return for the same period. The degree of difference will depend on factors that include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility and
frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative to 2x of
the Underlying Security over time, while strong, steadier trends may result in returns that are closer to, or
occasionally greater than, 2x for the same period. The Fund expects to use derivatives, such as swaps and
futures, and other instruments to obtain its leveraged exposure. The Fund may be suitable only for investors
who understand the consequences of daily leverage and who intend to actively monitor and manage their
investment. The Fund (i) presents different risks from other funds; (ii) the Fund has greater risks than funds
that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who understand
how the Fund operates.
|
| Corgi TSLA 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi TSLA 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] |
The
Corgi TSLA 2x Daily ETF (the "Fund") seeks daily
investment results, before fees and expenses, that correspond to two
times (2x) the daily performance of the publicly-traded common stock of Tesla, Inc. (NASDAQ: TSLA)
("Tesla" or the "Underlying Security"). The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Tesla, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security
falls , the Fund is designed to lose
roughly twice as much as the Underlying Security. Because the Fund resets its exposure each trading day,
performance over periods longer than one day will reflect the effects of compounding and may differ,
sometimes significantly, from 2x the Underlying Security return for the same period. The degree of
difference will depend on factors that include: -the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying Security over time, while strong, steadier trends may result in returns that are
closer to, or occasionally greater than, 2x for the same period. The Fund expects to use derivatives,
such as swaps and futures, and other instruments to obtain its leveraged exposure. The Fund may be
suitable only for investors who understand the consequences of daily leverage and who intend to actively
monitor and manage their investment. The Fund (i) presents different risks from other funds; (ii) the
Fund has greater risks than funds that do not use leverage; and (iii) the Fund may only be suitable for
knowledgeable investors who understand how the Fund operates.
|
| Corgi MU 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MU 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MU 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Micron Technology, Inc.
(NASDAQ: MU) ("Micron" or the "Underlying Security").
The Fund does not seek to achieve its stated investment objective over a period of time greater than
one trading day. The Fund, the Trust, and the Adviser are not affiliated with Micron Technology, Inc.,
the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying Security over time, while strong, steadier trends may result in returns that are
closer to, or occasionally greater than, 2x for the same period. The Fund expects to use derivatives,
such as swaps and futures, and other instruments to obtain its leveraged exposure. The Fund may be
suitable only for investors who understand the consequences of daily leverage and who intend to actively
monitor and manage their investment. The Fund (i) presents different risks from other funds; (ii) the
Fund has greater risks than funds that do not use leverage; and (iii) the Fund may only be suitable for
knowledgeable investors who understand how the Fund operates.
|
| Corgi SNDK 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi SNDK 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi SNDK 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common
stock of SanDisk Corporation (NASDAQ: SNDK) ("SanDisk" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with SanDisk Corporation, the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying Security over time, while strong, steadier trends may result in returns that are
closer to, or occasionally greater than, 2x for the same period. The Fund expects to use derivatives,
such as swaps and futures, and other instruments to obtain its leveraged exposure. The Fund may be
suitable only for investors who understand the consequences of daily leverage and who intend to actively
monitor and manage their investment. The Fund (i) presents different risks from other funds; (ii) the
Fund has greater risks than funds that do not use leverage; and (iii) the Fund may only be suitable for
knowledgeable investors who understand how the Fund operates.
|
| Corgi GOOGL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi GOOGL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi GOOGL 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Alphabet Inc. (NASDAQ:
GOOGL) ("Alphabet" or the "Underlying Security"). The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Alphabet Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return
relative to 2x of the Underlying Security over time, while strong,
steadier trends may result in returns that are closer to, or occasionally greater than, 2x for the same
period. The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain
its leveraged exposure. The Fund may be suitable only for investors who understand the consequences of
daily leverage and who intend to actively monitor and manage their investment. The Fund (i) presents
different risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage;
and (iii) the Fund may only be suitable for knowledgeable investors who understand how the Fund
operates. |
| Corgi MSTR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MSTR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MSTR 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Strategy, Inc. (NASDAQ:
MSTR) ("Strategy" or the "Underlying Security"). The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Strategy, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return
relative to 2x of the Underlying Security over time, while strong,
steadier trends may result in returns that are closer to, or occasionally greater than, 2x for the same
period. The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain
its leveraged exposure. The Fund may be suitable only for investors who understand the consequences of
daily leverage and who intend to actively monitor and manage their investment. The Fund (i) presents
different risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage;
and (iii) the Fund may only be suitable for knowledgeable investors who understand how the Fund
operates. |
| Corgi AMD 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AMD 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AMD 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Advanced Micro Devices,
Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying Security
over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MSFT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MSFT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MSFT 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Microsoft Corporation, the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi META 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi META 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi META 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Meta Platforms, Inc.
(NASDAQ: META) ("Meta" or the "Underlying Security").
The Fund does not seek to achieve its stated investment objective over a period of time greater than
one trading day. The Fund, the Trust, and the Adviser are not affiliated with Meta Platforms, Inc.,
the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying
Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi PLTR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi PLTR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi PLTR 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Palantir Technologies
Inc. (NASDAQ: PLTR) ("Palantir" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Palantir Technologies Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying
Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi COIN 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi COIN 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi COIN 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Coinbase Global, Inc.
(NASDAQ: COIN) ("Coinbase" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Coinbase Global, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of
the Underlying Security
over time, while strong, steadier trends may result in returns that are closer to, or occasionally
greater than, 2x for the same period. The Fund expects to use derivatives, such as swaps and futures,
and other instruments to obtain its leveraged exposure. The Fund may be suitable only for investors who
understand the consequences of daily leverage and who intend to actively monitor and manage their
investment. The Fund (i) presents different risks from other funds; (ii) the Fund has greater risks than
funds that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi AMZN 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AMZN 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AMZN 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of Amazon.com, Inc. (NASDAQ:
AMZN) ("Amazon" or the "Underlying Security"). The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Amazon.com, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying
Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi TSM 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi TSM 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi TSM 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded American Depositary Shares of Taiwan
Semiconductor Manufacturing Company Limited (NYSE: TSM) ("TSMC" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Taiwan Semiconductor Manufacturing Company Limited, the Underlying Security, or
any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the Underlying
Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi APP 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi APP 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi APP 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of AppLovin Corporation
(NASDAQ: APP) ("AppLovin" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with AppLovin Corporation, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ASTS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ASTS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ASTS 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded common stock of AST SpaceMobile, Inc.
(NASDAQ: ASTS) ("AST SpaceMobile" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with AST SpaceMobile, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi AVGO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AVGO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AVGO 2x
Daily ETF (the "Fund ") seeks daily investment results, before
fees and expenses, that correspond to two times (2x) the daily performance of the publicly-traded common
stock of Broadcom Inc. (NASDAQ: AVGO) ("Broadcom" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Broadcom Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ORCL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ORCL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ORCL 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Oracle Corporation, the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ASML 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ASML 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ASML 2x
Daily ETF (the "Fund") seeks daily investment results, before fees and expenses, that correspond
to two times (2x) the daily performance of the publicly-traded American Depositary Shares of ASML
Holding N.V. (NASDAQ: ASML) ("ASML" or the "Underlying Security"). The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with ASML Holding N.V., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi SMCI 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi SMCI 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi SMCI 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Super Micro Computer, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi IONQ 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi IONQ 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi IONQ 2x Daily
ETF
The Fund does not seek to
achieve its stated investment objective over a period of time greater than one trading day. The Fund,
the Trust, and the Adviser are not affiliated with IonQ, Inc., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi RKLB 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi RKLB 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi RKLB 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Rocket Lab USA, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi AAPL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AAPL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AAPL 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Apple Inc., the Underlying Security,
or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi UNH 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi UNH 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi UNH 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with UnitedHealth Group Incorporated, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi OKLO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi OKLO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi OKLO 2x Daily
ETF
The Fund does not seek to
achieve its stated investment objective over a period of time greater than one trading day. The Fund,
the Trust, and the Adviser are not affiliated with Oklo Inc., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi NFLX 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NFLX 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi NFLX 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Netflix, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi BRKB 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi BRKB 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi BRKB 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Berkshire Hathaway Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CRWV 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CRWV 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CRWV 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with CoreWeave, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi INTC 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi INTC 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi INTC 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Intel Corporation, the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi BABA 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi BABA 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi BABA 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Alibaba Group Holding Limited, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi HOOD 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi HOOD 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi HOOD 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Robinhood Markets, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi GEV 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi GEV 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi GEV 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with GE Vernova Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi BMNR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi BMNR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi BMNR 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with BitMine Immersion Technologies, Inc., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi JOBY 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi JOBY 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi JOBY 2x Daily
ETF
The Fund does not
seek to achieve its stated investment objective over a period of time greater than one trading day.
The Fund, the Trust, and the Adviser are not affiliated with Joby Aviation, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ALAB 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ALAB 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ALAB 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Astera Labs, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi LITE 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi LITE 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi LITE 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Lumentum Holdings Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi TEM 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi TEM 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi TEM 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Tempus AI, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi UPST 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi UPST 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi UPST 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Upstart Holdings, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi WDC 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi WDC 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi WDC 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Western Digital Corporation, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi UUUU 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi UUUU 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi UUUU 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Energy Fuels Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi SMR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi SMR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi SMR 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with NuScale Power Corporation,
the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi QBTS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi QBTS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi QBTS 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with D-Wave Quantum Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi SOFI 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi SOFI 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi SOFI 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with SoFi Technologies, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi RGTI 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi RGTI 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi RGTI 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Rigetti Computing, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi NVO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NVO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi NVO 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Novo Nordisk A/S, the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi RDDT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi RDDT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi RDDT 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Reddit, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CRWD 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CRWD 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CRWD 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with CrowdStrike Holdings, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MARA 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MARA 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MARA 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with MARA Holdings, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi IREN 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi IREN 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi IREN 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with IREN Limited, the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi NBIS 2x Daily ETF [Member] | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NBIS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi NBIS 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Nebius Group N.V., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi VRT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi VRT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi VRT 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Vertiv Holdings Co., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi NOW 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NOW 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi NOW 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with ServiceNow, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi RIVN 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi RIVN 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi RIVN 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Rivian Automotive, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CRDO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CRDO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CRDO 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Credo Technology Group Holding Ltd., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi GLXY 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi GLXY 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi GLXY 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Galaxy Digital Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ARM 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ARM 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ARM 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Arm Holdings plc, the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi GME 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi GME 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi GME 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with GameStop Corp., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi EOSE 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi EOSE 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi EOSE 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Eos Energy Enterprises, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CIFR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CIFR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CIFR 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Cipher Digital Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ACHR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ACHR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ACHR 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Archer Aviation Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi BE 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi BE 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi BE 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Bloom Energy Corporation,
the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi NVTS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi NVTS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi NVTS 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Navitas Semiconductor Corporation, the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ONDS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ONDS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ONDS 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Ondas Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi HIMS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi HIMS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi HIMS 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Hims & Hers Health,
Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MRVL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MRVL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MRVL 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Marvell Technology, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi LRCX 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi LRCX 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi LRCX 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Lam Research Corporation, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi LRN 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi LRN 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi LRN 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Stride, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi TER 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi TER 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi TER 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Teradyne, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi COHR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi COHR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi COHR 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Coherent Corp., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi UCTT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi UCTT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi UCTT 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Ultra Clean Holdings, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally
greater than, 2x for the same period. The Fund expects to use derivatives, such as swaps and futures,
and other instruments to obtain its leveraged exposure. The Fund may be suitable only for investors who
understand the consequences of daily leverage and who intend to actively monitor and manage their
investment. The Fund (i) presents different risks from other funds; (ii) the Fund has greater risks than
funds that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi LASR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi LASR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi LASR 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with nLIGHT, Inc., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose
roughly
twice as much as the Underlying Security. Because the Fund resets its exposure each trading day,
performance over periods longer than one day will reflect the effects of compounding and may differ,
sometimes significantly, from 2x the Underlying Security return for the same period. The degree of
difference will depend on factors that include: -the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ACLS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ACLS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ACLS 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Axcelis Technologies, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi SIMO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi SIMO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi SIMO 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Silicon Motion Technology Corporation, the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CAMT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CAMT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CAMT 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with Camtek Ltd., the Underlying
Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MNST 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MNST 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MNST 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Monster Beverage Corporation, the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds
that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi CRUS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CRUS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CRUS 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Cirrus Logic, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier trends may result in returns that are closer to,
or occasionally greater than, 2x for the same period. The Fund expects to use derivatives, such as swaps
and futures, and other instruments to obtain its leveraged exposure. The Fund may be suitable only for
investors who understand the consequences of daily leverage and who intend to actively monitor and
manage their investment. The Fund (i) presents different risks from other funds; (ii) the Fund has
greater risks than funds that do not use leverage; and (iii) the Fund may only be suitable for
knowledgeable investors who understand how the Fund operates. |
| Corgi AMKR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AMKR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AMKR 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Amkor Technology, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi UMC 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi UMC 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi UMC 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with United Microelectronics Corporation, the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds
that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi AMAT 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AMAT 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AMAT 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Applied Materials, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi ACMR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ACMR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ACMR 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with ACM Research, Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds
that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi ONTO 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi ONTO 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi ONTO 2x Daily
ETF
The Fund does not seek to achieve its stated investment objective over a period of time greater than
one trading day. The Fund, the Trust, and the Adviser are not affiliated with Onto Innovation Inc.,
the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi KEYS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi KEYS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi KEYS 2x Daily
ETF
The Fund does not seek to achieve its stated investment objective over a period of time greater than
one trading day. The Fund, the Trust, and the Adviser are not affiliated with Keysight Technologies,
Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds
that do not use leverage; and (iii) the Fund may only be suitable for knowledgeable investors who
understand how the Fund operates. |
| Corgi RMBS 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi RMBS 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi RMBS 2x Daily
ETF
The Fund does
not seek to achieve its stated investment objective over a period of time greater than one trading
day. The Fund, the Trust, and the Adviser are not affiliated with
Rambus Inc., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi AXTI 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi AXTI 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi AXTI 2x Daily
ETF
The Fund does not seek to
achieve its stated investment objective over a period of time greater than one trading day. The Fund,
the Trust, and the Adviser are not affiliated with AXT, Inc., the Underlying Security, or any of its
respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi TPL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi TPL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi TPL 2x Daily
ETF
The
Fund does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Texas Pacific Land
Corporation, the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MPWR 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MPWR 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MPWR 2x Daily
ETF
The Fund does not seek to achieve its stated investment
objective over a period of time greater than one trading day. The Fund, the Trust, and the Adviser are
not affiliated with Monolithic Power Systems, Inc., the Underlying Security, or any of its respective
affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CRCL 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CRCL 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CRCL 2x Daily
ETF
The Fund does not seek to achieve its stated investment objective over a period of time greater than
one trading day. The Fund, the Trust, and the Adviser are not affiliated with Circle Internet Group,
Inc., the Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi MSI 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi MSI 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi MSI 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Motorola Solutions, Inc.,
the Underlying Security, or any of its
respective affiliates.Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |
| Corgi CART 2x Daily ETF | |
| Prospectus [Line Items] | |
| Risk/Return [Heading] | FUND SUMMARY - Corgi CART 2x Daily ETF |
| Objective [Heading] | Investment Objective |
| Objective, Primary [Text Block] | The Corgi CART 2x Daily
ETF
The Fund
does not seek to achieve its stated investment objective over a period of time greater than one
trading day. The Fund, the Trust, and the Adviser are not affiliated with Maplebear Inc., the
Underlying Security, or any of its respective affiliates.
Important information about the Fund.
On a day when the Underlying
Security rises, the Fund is designed to gain roughly twice as much as the Underlying Security. On a day
when the Underlying Security falls, the Fund is designed to lose roughly twice as much as the Underlying
Security. Because the Fund resets its exposure each trading day, performance over periods longer than
one day will reflect the effects of compounding and may differ, sometimes significantly, from 2x the
Underlying Security return for the same period. The degree of difference will depend on factors that
include:
-the magnitude of day-to-day
Underlying Security moves,
-the volatility and path of
Underlying Security returns, and
-how long shares are held.
In general, higher volatility
and frequent directional reversals in the Underlying Security tend to reduce the Fund's return relative
to 2x of the
Underlying Security over time, while strong, steadier
trends may result in returns that are closer to, or occasionally greater than, 2x for the same period.
The Fund expects to use derivatives, such as swaps and futures, and other instruments to obtain its
leveraged exposure. The Fund may be suitable only for investors who understand the consequences of daily
leverage and who intend to actively monitor and manage their investment. The Fund (i) presents different
risks from other funds; (ii) the Fund has greater risks than funds that do not use leverage; and (iii)
the Fund may only be suitable for knowledgeable investors who understand how the Fund operates. |