SUPPLEMENT DATED MAY 10, 2024

TO THE CURRENTLY EFFECTIVE

STATUTORY PROSPECTUS AND

STATEMENT OF ADDITIONAL INFORMATION (“SAI”) OF

FCF INTERNATIONAL QUALITY ETF (TTAI) AND FCF US QUALITY ETF (TTAC)

(each a “Fund” and, together, the “Funds”)

(each a series of TrimTabs ETF Trust)

Capitalized terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the Funds’ Prospectus and SAI.

Effective immediately, Mr. Bob Shea no longer serves as Portfolio Manager of the Funds. All references to Mr. Shea as Portfolio Manager are hereby removed.

Please keep this supplement with your Prospectus and SAI for future reference.