10/27/2025 | Press release | Distributed by Public on 10/27/2025 09:33
Filed pursuant to Rule 497(e)
Registration Nos. 333-264478; 811-23793
Defiance Daily Target 2X Long PM ETF (ZYN)
(the "Fund")
listed on The Nasdaq Stock Market, LLC
October 27, 2025
Supplement to the Summary Prospectus,
dated August 29, 2025, and the
Statutory Prospectus
and Statement of Additional Information ("SAI"),
each dated May 18, 2025
Effective October 29, 2025, the Fund's ticker symbol is changed in accordance with the following chart. Accordingly, effective October 29, 2025, all references to the Fund's ticker symbol in the Summary Prospectus, Prospectus and SAI are hereby amended and restated to reflect the Fund's new ticker symbol.
| Fund Name | Old Ticker Symbol | New Ticker Symbol |
| Defiance Daily Target 2X Long PM ETF | ZYN | XPM |
Please retain this Supplement for future reference.