QNTU uses swap agreements and listed call options to make bullish bets on the share price of Quantinuum Inc. (NASDAQ: QNT). The fund may also invest directly in QNT. The company develops and manufactures a full-stack quantum technology platform, combining high-fidelity trapped-ion hardware with advanced middleware and software libraries to scale quantum computing and deploy real-world enterprise applications across cybersecurity, materials science, and artificial intelligence. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in QNT price through daily rebalancing. Returns may deviate from the expected 200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.