Investment Strategy - Defiance AI & Power Infrastructure ETF

Jan. 30, 2026

Prospectus [Line Items]

Strategy [Heading]

Effective immediately, in the section of the Summary Prospectus and Prospectus titled “Principal Investment Strategies – Eligible Universe,” section 4 is amended and restated as follows:

Strategy Narrative [Text Block]

4. Data Centers and AI Hardware: includes companies that meet the revenue threshold through:

● ownership or operation of data centers, including those predominantly used for digital asset mining.

● design and sale of AI Hardware (i.e., the general purpose and specialized computer parts and components, such as semiconductor chips, used to facilitate artificial intelligence tasks).