QTUM Holdings. FIVG Holdings. DIET 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 DIET, 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 funds 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 Funds are 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 Funds are considered to be non-diversified, so they 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. Augmented /Virtual Reality and video gaming companies are subject to intense global competition and may be smaller companies with limited resources. AR/VR and video gaming companies may have products that face rapid obsolescence and may also be subject to shifting consumer preferences, including preferences with respect to gaming console platforms and other forms of entertainment, and changes in consumer discretionary spending, all of which may change rapidly and cannot necessarily be predicted. ​​​​​​​

The possible applications of quantum computing 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.

Alpha is a measure of the active return on an investment compared with a suitable market index.

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.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (833.333.9383). Click here for fund performance: DIET, QTUM, FIVG.

The Bloomberg Intelligence ETF Traffic Light System is not a ratings system, nor a recommendation of products to purchase. Every ETF that has been assessed is given a score and a list factors deemed relevant by Bloomberg. The Traffic Light score is almost completely automated based on underlying Bloomberg data. Therefore, changes to an ETP's data points within the Bloomberg database may affect that ETP's score. ETPs with 1 point or less are given a green light; ETPs with 2-4 points are given a yellow light; and ETPs with 5 points or greater are given a red light.

NASDAQ Composite Index is a broad-based capitalization-weighted index of all the NASDAQ National Market and Small Cap stocks. S&P 500® Index is an unmanaged index and is commonly used as a measure of the performance of the U.S. stock market as a whole. One cannot invest directly in an index.

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

The food industry and agriculture related companies can be significantly affected by factors including consumer trends, the environment, government regulation, economic conditions, commodity prices, consumers preferences and weather conditions.

Past performance does not guarantee future results. The fund is new and investment should not be made based on the performance of individual holdings.

It is not possible to invest directly in an index.

Diversification does not ensure a profit nor protect against loss in a declining market.

*Commissions may be charged on trades.

The Defiance ETFs are distributed by Foreside Fund Services, LLC.