T-REX 2X Inverse CRWV Daily Target ETF (CORD) Stock Price, Quote, News & History | Benzinga

The Fund, under normal circumstances, invests at least 80 percent of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200 percent inverse (opposite) exposure to the price performance of CRWV on a daily basis. The Fund may also seek to achieve its investment objective by purchasing put options on CRWV or by engaging in short sales of the common stock of CRWV. The Adviser will determine the allocation of the Funds investments in swap agreements, put options and short sales of CRWV common stock based upon various factors including, but not limited to, counterparty capacity, financing charges, liquidity, collateral availability, and overall market conditions for a particular instrument. Short sales of the common stock of CRWV is typically less efficient than the use of swap agreements because short sales do not provide leveraged returns. This may result in the Fund not achieving its -200 percent daily investment objective.