AXS Short Innovation Daily ETF

Tuttle Capital Short Innovation ETF seeks to provide investment results that are approximately the inverse (or opposite) of, before fees and expenses, to the daily price and yield performance of the ARK Innovation ETF The Fund is an actively managed exchange traded fund that attempts to achieve the inverse of the return of the ARK Innovation ETF for a single day, not for any other period, by entering into a swap agreement on the ARK Innovation ETF. A single day is measured from the time the Fund calculates its net asset value (NAV) to the time of the Fund’s next NAV calculation.