AUGR Holdings. QTUM Holdings. FIVG Holdings. Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

The Funds' investment objectives, risks, charges, and expenses must be considered carefully before investing. The AUGR, QTUM & FIVG prospectuses contain this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 833.333.9383.

Investing involves risk. Principal loss is possible. As an ETF, the fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The Fund is not actively managed and would not sell a security due to current or projected under performance unless that security is removed from the Index or is required upon a reconstitution of the Index. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk. The value of stocks of information technology companies are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition. The Fund is considered to be non-diversified, so it may invest more of its assets in the securities of a single issuer or a smaller number of issuers. Investments in foreign securities involve certain risks including risk of loss due to foreign currency fluctuations or to political or economic instability. This risk is magnified in emerging markets. Small and mid-cap companies are subject to greater and more unpredictable price changes than securities of large-cap companies. 

The Defiance ETFs are distributed by Quasar Distributors, LLC.

The BlueStar Augmented and Virtual Reality Index is a rules-based index tracking the performance of a group of globally-listed stocks of companies engaged in the research and development or commercialization of products and services related to augmented and virtual reality.

The “BlueStar Augmented and Virtual Reality Index™”, “BAUGR™ Index”  (collectively “Augmented and Virtual Reality Index),” is the exclusive property and a trademark of BlueStar Global Investors LLC d/b/a BlueStar Indexes® and has been licensed for use for certain purposes by Defiance ETFs LLC.  Products based on the Augmented and Virtual Reality Index are not sponsored, endorsed, sold or promoted by BlueStar Global Investors, LLC or BlueStar Indexes®, and BlueStar Global Investors, LLC and BlueStar Indexes® makes no representation regarding the advisability of trading in such product(s).

The BlueStar Quantum Computing and Machine Learning Index is comprised of equity securities of leading global companies engaged in the research and development or commercialization of systems and materials used in quantum computing and machine learning.

The “BlueStar Quantum Computing and Machine Learning Index™”, “BQTUM™ Index”  (collectively “Quantum Computing and Machine Learning Index"), is the exclusive property and a trademark of BlueStar Global Investors LLC d/b/a BlueStar Indexes® and has been licensed for use for certain purposes by Defiance ETFs LLC. Products based on the Quantum Computing and Machine Learning Index are not sponsored, endorsed, sold or promoted by BlueStar Global Investors, LLC or BlueStar Indexes®, and BlueStar Global Investors, LLC and BlueStar Indexes® makes no representation regarding the advisability of trading in such product(s). 

The BlueStar 5G Communications Index is a rules-based index that tracks the performance of a group of US-listed stocks, of global companies that are involved in the development of, or are otherwise instrumental in the rollout of 5G networks.

The “BlueStar Global 5G Communications Index™”, “BFIVG™ Index”  (collectively “Global 5G Communications Index*),” is the exclusive property and a trademark of BlueStar Global Investors LLC d/b/a BlueStar Indexes® and has been licensed for use for certain purposes by Defiance ETFs LLC.  Products based on the Global 5G Communications Index* are not sponsored, endorsed, sold or promoted by BlueStar Global Investors, LLC or BlueStar Indexes®, and BlueStar Global Investors, LLC and BlueStar Indexes® makes no representation regarding the advisability of trading in such product(s).

It is not possible to invest directly in an index.

The possible applications of quantum computing, augmented and virtual reality and 5G technologies are only in the exploration stages, and the possible returns are uncertain and may not be realized in the near future.

Opinions expressed are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.

FANG stocks is the acronym for Facebook, Amazon, Netflix and Google (now Alphabet, Inc.).

Dow Jones Industrial Average (DIJ) is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market.

References to other funds should not be considered an offer to buy or sell these securities.

The Defiance Next Gen Connectivity ETF is the first ETF to emphasize securities whose products and services are predominantly tied to the development of 5G networking and communication technologies. The fund does this by tracking The BlueStar 5G Communications Index. The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Index.

FIVG Objective: The Defiance Next Gen Connectivity ETF seeks to track the total return performance, before fees and expenses, of the Bluestar 5G Communications Index.

XLC Objective: The Communication Services Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Communication Services Select Sector Index.

XLC Important Risk Information: Sector ETF products are subject to sector risk and non-diversification risk, which generally result in greater price fluctuations than the overall market. Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions. Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole. While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Commissions may be charged on trades.

Active Share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index.

Click here for FIVG standardized performance. Index performance and sector forecasts are not indicative of the fund's performance. Past performance does not guarantee future results.