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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_EconomicAndMarketRiskMember" xlink:label="defiance_EconomicAndMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EconomicAndMarketRiskMember" xlink:to="defiance_EconomicAndMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EconomicAndMarketRiskMember_lbl" xml:lang="en-US">Economic and Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_HighPortfolioTurnoverRiskMember" xlink:label="defiance_HighPortfolioTurnoverRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HighPortfolioTurnoverRiskMember" xlink:to="defiance_HighPortfolioTurnoverRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_HighPortfolioTurnoverRiskMember_lbl" xml:lang="en-US">High Portfolio Turnover Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TrackingErrorRiskMember" xlink:label="defiance_TrackingErrorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TrackingErrorRiskMember" xlink:to="defiance_TrackingErrorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TrackingErrorRiskMember_lbl" xml:lang="en-US">Tracking Error Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LiquidityRisk1Member" xlink:label="defiance_LiquidityRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LiquidityRisk1Member" xlink:to="defiance_LiquidityRisk1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LiquidityRisk1Member_lbl" xml:lang="en-US">Liquidity Risk 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MoneyMarketInstrumentRiskMember" xlink:label="defiance_MoneyMarketInstrumentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MoneyMarketInstrumentRiskMember" xlink:to="defiance_MoneyMarketInstrumentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MoneyMarketInstrumentRiskMember_lbl" xml:lang="en-US">Money Market Instrument Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_NewFundRiskMember" xlink:label="defiance_NewFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NewFundRiskMember" xlink:to="defiance_NewFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_NewFundRiskMember_lbl" xml:lang="en-US">New Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TradingHaltRiskMember" xlink:label="defiance_TradingHaltRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TradingHaltRiskMember" xlink:to="defiance_TradingHaltRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TradingHaltRiskMember_lbl" xml:lang="en-US">Trading Halt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_OperationalRiskMember" xlink:label="defiance_OperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OperationalRiskMember" xlink:to="defiance_OperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_OperationalRiskMember_lbl" xml:lang="en-US">Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_USGovernmentandUSAgencyObligationsRiskMember" xlink:label="defiance_USGovernmentandUSAgencyObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_USGovernmentandUSAgencyObligationsRiskMember" xlink:to="defiance_USGovernmentandUSAgencyObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_USGovernmentandUSAgencyObligationsRiskMember_lbl" xml:lang="en-US">U.S. Government and U.S. Agency Obligations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TaxRiskMember" xlink:label="defiance_TaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TaxRiskMember" xlink:to="defiance_TaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TaxRiskMember_lbl" xml:lang="en-US">Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102153Member" xlink:label="defiance_S000102153Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102153Member" xlink:to="defiance_S000102153Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102153Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long GCT ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_GctRisksMember" xlink:label="defiance_GctRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctRisksMember" xlink:to="defiance_GctRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GctRisksMember_lbl" xml:lang="en-US">GCT Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInGctRiskMember" xlink:label="defiance_IndirectInvestmentInGctRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInGctRiskMember" xlink:to="defiance_IndirectInvestmentInGctRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInGctRiskMember_lbl" xml:lang="en-US">Indirect Investment in GCT Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_GctTradingRiskMember" xlink:label="defiance_GctTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctTradingRiskMember" xlink:to="defiance_GctTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GctTradingRiskMember_lbl" xml:lang="en-US">GCT Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_GctPerformanceRiskMember" xlink:label="defiance_GctPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctPerformanceRiskMember" xlink:to="defiance_GctPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GctPerformanceRiskMember_lbl" xml:lang="en-US">GCT Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MarketplaceAdoptionandDemandSensitivityRiskMember" xlink:label="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember" xlink:to="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember_lbl" xml:lang="en-US">Marketplace Adoption and Demand Sensitivity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember" xlink:label="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember" xlink:to="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember_lbl" xml:lang="en-US">Cross-Border Supply Chain and Logistics Execution Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_FirstpartySalesInventoryAndCompetitiveRiskMember" xlink:label="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember" xlink:to="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember_lbl" xml:lang="en-US">First-Party Sales, Inventory, and Competitive Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember" xlink:label="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember" xlink:to="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember_lbl" xml:lang="en-US">Technology, Cybersecurity, and Regulatory Compliance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_KeyPersonRiskMember" xlink:label="defiance_KeyPersonRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_KeyPersonRiskMember" xlink:to="defiance_KeyPersonRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_KeyPersonRiskMember_lbl" xml:lang="en-US">Key Person Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102154Member" xlink:label="defiance_S000102154Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102154Member" xlink:to="defiance_S000102154Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102154Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long LUMN ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LumnRisksMember" xlink:label="defiance_LumnRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnRisksMember" xlink:to="defiance_LumnRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LumnRisksMember_lbl" xml:lang="en-US">LUMN Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInLumnRiskMember" xlink:label="defiance_IndirectInvestmentInLumnRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInLumnRiskMember" xlink:to="defiance_IndirectInvestmentInLumnRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInLumnRiskMember_lbl" xml:lang="en-US">Indirect Investment in LUMN Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LumnTradingRiskMember" xlink:label="defiance_LumnTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnTradingRiskMember" xlink:to="defiance_LumnTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LumnTradingRiskMember_lbl" xml:lang="en-US">LUMN Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LumnPerformanceRiskMember" xlink:label="defiance_LumnPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnPerformanceRiskMember" xlink:to="defiance_LumnPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LumnPerformanceRiskMember_lbl" xml:lang="en-US">LUMN Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_HighLeverageandFinancialFlexibilityRiskMember" xlink:label="defiance_HighLeverageandFinancialFlexibilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HighLeverageandFinancialFlexibilityRiskMember" xlink:to="defiance_HighLeverageandFinancialFlexibilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_HighLeverageandFinancialFlexibilityRiskMember_lbl" xml:lang="en-US">High Leverage and Financial Flexibility Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RevenueDeclineAndBusinessTransitionRiskMember" xlink:label="defiance_RevenueDeclineAndBusinessTransitionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RevenueDeclineAndBusinessTransitionRiskMember" xlink:to="defiance_RevenueDeclineAndBusinessTransitionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RevenueDeclineAndBusinessTransitionRiskMember_lbl" xml:lang="en-US">Revenue Decline and Business Transition Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CompetitiveAndTechnologicalChangeRiskMember" xlink:label="defiance_CompetitiveAndTechnologicalChangeRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CompetitiveAndTechnologicalChangeRiskMember" xlink:to="defiance_CompetitiveAndTechnologicalChangeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CompetitiveAndTechnologicalChangeRiskMember_lbl" xml:lang="en-US">Competitive and Technological Change Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CapitalIntensityAndNetworkInvestmentRiskMember" xlink:label="defiance_CapitalIntensityAndNetworkInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CapitalIntensityAndNetworkInvestmentRiskMember" xlink:to="defiance_CapitalIntensityAndNetworkInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CapitalIntensityAndNetworkInvestmentRiskMember_lbl" xml:lang="en-US">Capital Intensity and Network Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember" xlink:label="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember" xlink:to="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember_lbl" xml:lang="en-US">Macroeconomic and Customer Demand Sensitivity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RegulatoryOperationalAndCybersecurityRiskMember" xlink:label="defiance_RegulatoryOperationalAndCybersecurityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryOperationalAndCybersecurityRiskMember" xlink:to="defiance_RegulatoryOperationalAndCybersecurityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RegulatoryOperationalAndCybersecurityRiskMember_lbl" xml:lang="en-US">Regulatory, Operational, and Cybersecurity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102155Member" xlink:label="defiance_S000102155Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102155Member" xlink:to="defiance_S000102155Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102155Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long MDLN ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MdlnRisksMember" xlink:label="defiance_MdlnRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnRisksMember" xlink:to="defiance_MdlnRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MdlnRisksMember_lbl" xml:lang="en-US">MDLN Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInMdlnRiskMember" xlink:label="defiance_IndirectInvestmentInMdlnRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInMdlnRiskMember" xlink:to="defiance_IndirectInvestmentInMdlnRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInMdlnRiskMember_lbl" xml:lang="en-US">Indirect Investment in MDLN Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MdlnTradingRiskMember" xlink:label="defiance_MdlnTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnTradingRiskMember" xlink:to="defiance_MdlnTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MdlnTradingRiskMember_lbl" xml:lang="en-US">MDLN Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MdlnPerformanceRiskMember" xlink:label="defiance_MdlnPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnPerformanceRiskMember" xlink:to="defiance_MdlnPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MdlnPerformanceRiskMember_lbl" xml:lang="en-US">MDLN Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_HealthcareSupplyChainandProductAvailabilityRiskMember" xlink:label="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember" xlink:to="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember_lbl" xml:lang="en-US">Healthcare Supply Chain and Product Availability Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_GlobalSourcingTradeAndCostInflationRiskMember" xlink:label="defiance_GlobalSourcingTradeAndCostInflationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GlobalSourcingTradeAndCostInflationRiskMember" xlink:to="defiance_GlobalSourcingTradeAndCostInflationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GlobalSourcingTradeAndCostInflationRiskMember_lbl" xml:lang="en-US">Global Sourcing, Trade, and Cost Inflation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RegulatoryComplianceAndProductOversightRiskMember" xlink:label="defiance_RegulatoryComplianceAndProductOversightRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryComplianceAndProductOversightRiskMember" xlink:to="defiance_RegulatoryComplianceAndProductOversightRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RegulatoryComplianceAndProductOversightRiskMember_lbl" xml:lang="en-US">Regulatory, Compliance, and Product Oversight Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember" xlink:label="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember" xlink:to="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember_lbl" xml:lang="en-US">Customer Concentration, Contracting, and Reimbursement Sensitivity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_OperationalReputationalAndExternalEventRiskMember" xlink:label="defiance_OperationalReputationalAndExternalEventRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OperationalReputationalAndExternalEventRiskMember" xlink:to="defiance_OperationalReputationalAndExternalEventRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_OperationalReputationalAndExternalEventRiskMember_lbl" xml:lang="en-US">Operational, Reputational, and External Event Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_NewlyPublicCompanyRisksMember" xlink:label="defiance_NewlyPublicCompanyRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NewlyPublicCompanyRisksMember" xlink:to="defiance_NewlyPublicCompanyRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_NewlyPublicCompanyRisksMember_lbl" xml:lang="en-US">Newly Public Company Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102156Member" xlink:label="defiance_S000102156Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102156Member" xlink:to="defiance_S000102156Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102156Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long PINS ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PinsRisksMember" xlink:label="defiance_PinsRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsRisksMember" xlink:to="defiance_PinsRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PinsRisksMember_lbl" xml:lang="en-US">PINS Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInPinsRiskMember" xlink:label="defiance_IndirectInvestmentInPinsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInPinsRiskMember" xlink:to="defiance_IndirectInvestmentInPinsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInPinsRiskMember_lbl" xml:lang="en-US">Indirect Investment in PINS Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PinsTradingRiskMember" xlink:label="defiance_PinsTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsTradingRiskMember" xlink:to="defiance_PinsTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PinsTradingRiskMember_lbl" xml:lang="en-US">PINS Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PinsPerformanceRiskMember" xlink:label="defiance_PinsPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsPerformanceRiskMember" xlink:to="defiance_PinsPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PinsPerformanceRiskMember_lbl" xml:lang="en-US">PINS Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PINSBusinessGrowthandCompetitiveRiskMember" xlink:label="defiance_PINSBusinessGrowthandCompetitiveRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PINSBusinessGrowthandCompetitiveRiskMember" xlink:to="defiance_PINSBusinessGrowthandCompetitiveRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PINSBusinessGrowthandCompetitiveRiskMember_lbl" xml:lang="en-US">PINS Business, Growth and Competitive Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PinsAdvertisingAndMonetizationRiskMember" xlink:label="defiance_PinsAdvertisingAndMonetizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsAdvertisingAndMonetizationRiskMember" xlink:to="defiance_PinsAdvertisingAndMonetizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PinsAdvertisingAndMonetizationRiskMember_lbl" xml:lang="en-US">PINS Advertising and Monetization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember" xlink:label="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember" xlink:to="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember_lbl" xml:lang="en-US">PINS Technology, Data, and Third-Party Dependence Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember" xlink:label="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember" xlink:to="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember_lbl" xml:lang="en-US">PINS Regulatory, Legal, and Financial Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102157Member" xlink:label="defiance_S000102157Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102157Member" xlink:to="defiance_S000102157Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102157Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long ROKU ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuRisksMember" xlink:label="defiance_RokuRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuRisksMember" xlink:to="defiance_RokuRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuRisksMember_lbl" xml:lang="en-US">ROKU Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInRokuRiskMember" xlink:label="defiance_IndirectInvestmentInRokuRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInRokuRiskMember" xlink:to="defiance_IndirectInvestmentInRokuRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInRokuRiskMember_lbl" xml:lang="en-US">Indirect Investment in ROKU Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuTradingRiskMember" xlink:label="defiance_RokuTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuTradingRiskMember" xlink:to="defiance_RokuTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuTradingRiskMember_lbl" xml:lang="en-US">ROKU Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuPerformanceRiskMember" xlink:label="defiance_RokuPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuPerformanceRiskMember" xlink:to="defiance_RokuPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuPerformanceRiskMember_lbl" xml:lang="en-US">ROKU Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember" xlink:label="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember" xlink:to="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember_lbl" xml:lang="en-US">ROKU Business Model, Competition and Platform Monetization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuContentPartnerAndEcosystemDependenceRiskMember" xlink:label="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember" xlink:to="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember_lbl" xml:lang="en-US">ROKU Content, Partner and Ecosystem Dependence Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuTechnologyCybersecurityAndOperationalRiskMember" xlink:label="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember" xlink:to="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember_lbl" xml:lang="en-US">ROKU Technology, Cybersecurity and Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember" xlink:label="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember" xlink:to="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember_lbl" xml:lang="en-US">ROKU Financial, Regulatory and Equity Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102158Member" xlink:label="defiance_S000102158Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102158Member" xlink:to="defiance_S000102158Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102158Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SATS ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsRisksMember" xlink:label="defiance_SatsRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsRisksMember" xlink:to="defiance_SatsRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsRisksMember_lbl" xml:lang="en-US">SATS Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsGoingConcernRiskMember" xlink:label="defiance_SatsGoingConcernRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsGoingConcernRiskMember" xlink:to="defiance_SatsGoingConcernRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsGoingConcernRiskMember_lbl" xml:lang="en-US">SATS Going Concern Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInSatsRiskMember" xlink:label="defiance_IndirectInvestmentInSatsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSatsRiskMember" xlink:to="defiance_IndirectInvestmentInSatsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInSatsRiskMember_lbl" xml:lang="en-US">Indirect Investment in SATS Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsTradingRiskMember" xlink:label="defiance_SatsTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsTradingRiskMember" xlink:to="defiance_SatsTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsTradingRiskMember_lbl" xml:lang="en-US">SATS Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsPerformanceRiskMember" xlink:label="defiance_SatsPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsPerformanceRiskMember" xlink:to="defiance_SatsPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsPerformanceRiskMember_lbl" xml:lang="en-US">SATS Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember" xlink:label="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember" xlink:to="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember_lbl" xml:lang="en-US">SATS Competitive, Industry and Technology Change Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember" xlink:label="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember" xlink:to="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember_lbl" xml:lang="en-US">SATS Network, Partner and Service Delivery Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember" xlink:label="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember" xlink:to="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember_lbl" xml:lang="en-US">SATS Operational, Cybersecurity and Human Capital Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember" xlink:label="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember" xlink:to="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember_lbl" xml:lang="en-US">SATS Financial, Regulatory and Capital Structure Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102159Member" xlink:label="defiance_S000102159Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102159Member" xlink:to="defiance_S000102159Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102159Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SNDL ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlRisksMember" xlink:label="defiance_SndlRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlRisksMember" xlink:to="defiance_SndlRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlRisksMember_lbl" xml:lang="en-US">SNDL Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInSndlRiskMember" xlink:label="defiance_IndirectInvestmentInSndlRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSndlRiskMember" xlink:to="defiance_IndirectInvestmentInSndlRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInSndlRiskMember_lbl" xml:lang="en-US">Indirect Investment in SNDL Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlTradingRiskMember" xlink:label="defiance_SndlTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlTradingRiskMember" xlink:to="defiance_SndlTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlTradingRiskMember_lbl" xml:lang="en-US">SNDL Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlPerformanceRiskMember" xlink:label="defiance_SndlPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlPerformanceRiskMember" xlink:to="defiance_SndlPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlPerformanceRiskMember_lbl" xml:lang="en-US">SNDL Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember" xlink:label="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember" xlink:to="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember_lbl" xml:lang="en-US">SNDL Regulatory, Legal and Cannabis Industry Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember" xlink:label="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember" xlink:to="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember_lbl" xml:lang="en-US">SNDL Business Model, Competitive and Execution Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember" xlink:label="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember" xlink:to="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember_lbl" xml:lang="en-US">SNDL Financial Condition, Liquidity and Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SndlOperationalSupplyChainAndGovernanceRiskMember" xlink:label="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember" xlink:to="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember_lbl" xml:lang="en-US">SNDL Operational, Supply Chain and Governance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102160Member" xlink:label="defiance_S000102160Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102160Member" xlink:to="defiance_S000102160Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102160Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long TLRY ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryRisksMember" xlink:label="defiance_TlryRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryRisksMember" xlink:to="defiance_TlryRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryRisksMember_lbl" xml:lang="en-US">TLRY Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInTlryRiskMember" xlink:label="defiance_IndirectInvestmentInTlryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInTlryRiskMember" xlink:to="defiance_IndirectInvestmentInTlryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInTlryRiskMember_lbl" xml:lang="en-US">Indirect Investment in TLRY Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryTradingRiskMember" xlink:label="defiance_TlryTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryTradingRiskMember" xlink:to="defiance_TlryTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryTradingRiskMember_lbl" xml:lang="en-US">TLRY Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryPerformanceRiskMember" xlink:label="defiance_TlryPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryPerformanceRiskMember" xlink:to="defiance_TlryPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryPerformanceRiskMember_lbl" xml:lang="en-US">TLRY Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember" xlink:label="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember" xlink:to="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember_lbl" xml:lang="en-US">TLRY Regulatory, Legal and Cannabis Industry Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember" xlink:label="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember" xlink:to="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember_lbl" xml:lang="en-US">TLRY Business Model, Competitive and Execution Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryFinancialConditionAndLiquidityRiskMember" xlink:label="defiance_TlryFinancialConditionAndLiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryFinancialConditionAndLiquidityRiskMember" xlink:to="defiance_TlryFinancialConditionAndLiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryFinancialConditionAndLiquidityRiskMember_lbl" xml:lang="en-US">TLRY Financial Condition and Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_AlcoholIndustryCompetitionRiskMember" xlink:label="defiance_AlcoholIndustryCompetitionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AlcoholIndustryCompetitionRiskMember" xlink:to="defiance_AlcoholIndustryCompetitionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_AlcoholIndustryCompetitionRiskMember_lbl" xml:lang="en-US">Alcohol Industry Competition Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TlryOperationalAndSupplyChainRiskMember" xlink:label="defiance_TlryOperationalAndSupplyChainRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryOperationalAndSupplyChainRiskMember" xlink:to="defiance_TlryOperationalAndSupplyChainRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TlryOperationalAndSupplyChainRiskMember_lbl" xml:lang="en-US">TLRY Operational and Supply Chain Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102151Member" xlink:label="defiance_S000102151Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102151Member" xlink:to="defiance_S000102151Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102151Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long WBD ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdRisksMember" xlink:label="defiance_WbdRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdRisksMember" xlink:to="defiance_WbdRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdRisksMember_lbl" xml:lang="en-US">WBD Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndirectInvestmentInWbdRiskMember" xlink:label="defiance_IndirectInvestmentInWbdRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInWbdRiskMember" xlink:to="defiance_IndirectInvestmentInWbdRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInWbdRiskMember_lbl" xml:lang="en-US">Indirect Investment in WBD Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdTradingRiskMember" xlink:label="defiance_WbdTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdTradingRiskMember" xlink:to="defiance_WbdTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdTradingRiskMember_lbl" xml:lang="en-US">WBD Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdPerformanceRiskMember" xlink:label="defiance_WbdPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdPerformanceRiskMember" xlink:to="defiance_WbdPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdPerformanceRiskMember_lbl" xml:lang="en-US">WBD Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember" xlink:label="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember" xlink:to="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember_lbl" xml:lang="en-US">WBD Industry, Competition and Business Transformation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember" xlink:label="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember" xlink:to="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember_lbl" xml:lang="en-US">WBD Advertising, Content and Revenue Volatility Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember" xlink:label="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember" xlink:to="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember_lbl" xml:lang="en-US">WBD Financial Condition, Indebtedness and Reorganization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember" xlink:label="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember" xlink:to="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember_lbl" xml:lang="en-US">WBD Regulatory, Intellectual Property and Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_S000102152Member" xlink:label="defiance_S000102152Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102152Member" xlink:to="defiance_S000102152Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000102152Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long XOVR ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_XovrRisksMember" xlink:label="defiance_XovrRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_XovrRisksMember" xlink:to="defiance_XovrRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_XovrRisksMember_lbl" xml:lang="en-US">XOVR Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ManagementRiskMember" xlink:label="defiance_ManagementRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ManagementRiskMember" xlink:to="defiance_ManagementRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ManagementRiskMember_lbl" xml:lang="en-US">Management Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LargeShareholderRiskMember" xlink:label="defiance_LargeShareholderRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LargeShareholderRiskMember" xlink:to="defiance_LargeShareholderRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LargeShareholderRiskMember_lbl" xml:lang="en-US">Large Shareholder Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CommonStockRiskMember" xlink:label="defiance_CommonStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CommonStockRiskMember" xlink:to="defiance_CommonStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CommonStockRiskMember_lbl" xml:lang="en-US">Common Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MarketAndGeopoliticalRiskMember" xlink:label="defiance_MarketAndGeopoliticalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MarketAndGeopoliticalRiskMember" xlink:to="defiance_MarketAndGeopoliticalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MarketAndGeopoliticalRiskMember_lbl" xml:lang="en-US">Market and Geopolitical Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_AdrAndGdrRiskMember" xlink:label="defiance_AdrAndGdrRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AdrAndGdrRiskMember" xlink:to="defiance_AdrAndGdrRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_AdrAndGdrRiskMember_lbl" xml:lang="en-US">ADR and GDR Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_LargeCompanyRiskMember" xlink:label="defiance_LargeCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LargeCompanyRiskMember" xlink:to="defiance_LargeCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LargeCompanyRiskMember_lbl" xml:lang="en-US">Large Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_MediumSizedCompanyRiskMember" xlink:label="defiance_MediumSizedCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MediumSizedCompanyRiskMember" xlink:to="defiance_MediumSizedCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MediumSizedCompanyRiskMember_lbl" xml:lang="en-US">Medium Sized Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_AssetClassRiskMember" xlink:label="defiance_AssetClassRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AssetClassRiskMember" xlink:to="defiance_AssetClassRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_AssetClassRiskMember_lbl" xml:lang="en-US">Asset Class Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IssuerRiskMember" xlink:label="defiance_IssuerRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IssuerRiskMember" xlink:to="defiance_IssuerRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IssuerRiskMember_lbl" xml:lang="en-US">Issuer Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ForeignSecuritiesRiskMember" xlink:label="defiance_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ForeignSecuritiesRiskMember" xlink:to="defiance_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PortfolioTurnoverRiskMember" xlink:label="defiance_PortfolioTurnoverRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PortfolioTurnoverRiskMember" xlink:to="defiance_PortfolioTurnoverRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PortfolioTurnoverRiskMember_lbl" xml:lang="en-US">Portfolio Turnover Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_NonDiversificationRiskMember" xlink:label="defiance_NonDiversificationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NonDiversificationRiskMember" xlink:to="defiance_NonDiversificationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_NonDiversificationRiskMember_lbl" xml:lang="en-US">Non-Diversification Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SectorRiskMember" xlink:label="defiance_SectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SectorRiskMember" xlink:to="defiance_SectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SectorRiskMember_lbl" xml:lang="en-US">Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ConsumerDiscretionarySectorRiskMember" xlink:label="defiance_ConsumerDiscretionarySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ConsumerDiscretionarySectorRiskMember" xlink:to="defiance_ConsumerDiscretionarySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ConsumerDiscretionarySectorRiskMember_lbl" xml:lang="en-US">Consumer Discretionary Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ConsumerStaplesSectorRiskMember" xlink:label="defiance_ConsumerStaplesSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ConsumerStaplesSectorRiskMember" xlink:to="defiance_ConsumerStaplesSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ConsumerStaplesSectorRiskMember_lbl" xml:lang="en-US">Consumer Staples Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_CommunicationsServicesSectorRiskMember" xlink:label="defiance_CommunicationsServicesSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CommunicationsServicesSectorRiskMember" xlink:to="defiance_CommunicationsServicesSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CommunicationsServicesSectorRiskMember_lbl" xml:lang="en-US">Communications Services Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_EnergySectorRiskMember" xlink:label="defiance_EnergySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EnergySectorRiskMember" xlink:to="defiance_EnergySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EnergySectorRiskMember_lbl" xml:lang="en-US">Energy Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_HealthCareSectorRiskMember" xlink:label="defiance_HealthCareSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HealthCareSectorRiskMember" xlink:to="defiance_HealthCareSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_HealthCareSectorRiskMember_lbl" xml:lang="en-US">Health Care Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_IndustrialSectorRiskMember" xlink:label="defiance_IndustrialSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndustrialSectorRiskMember" xlink:to="defiance_IndustrialSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndustrialSectorRiskMember_lbl" xml:lang="en-US">Industrial Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_TechnologySectorRiskMember" xlink:label="defiance_TechnologySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TechnologySectorRiskMember" xlink:to="defiance_TechnologySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TechnologySectorRiskMember_lbl" xml:lang="en-US">Technology Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_EmergingMarketsRiskMember" xlink:label="defiance_EmergingMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EmergingMarketsRiskMember" xlink:to="defiance_EmergingMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EmergingMarketsRiskMember_lbl" xml:lang="en-US">Emerging Markets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_HedgingRiskMember" xlink:label="defiance_HedgingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HedgingRiskMember" xlink:to="defiance_HedgingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_HedgingRiskMember_lbl" xml:lang="en-US">Hedging Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PreferredStockRiskMember" xlink:label="defiance_PreferredStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PreferredStockRiskMember" xlink:to="defiance_PreferredStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PreferredStockRiskMember_lbl" xml:lang="en-US">Preferred Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConvertiblePreferredStockMember" xlink:label="us-gaap_ConvertiblePreferredStockMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConvertiblePreferredStockMember" xlink:to="us-gaap_ConvertiblePreferredStockMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConvertiblePreferredStockMember_lbl" xml:lang="en-US">Convertible Preferred Stock [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_GrowthInvestingRiskMember" xlink:label="defiance_GrowthInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GrowthInvestingRiskMember" xlink:to="defiance_GrowthInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GrowthInvestingRiskMember_lbl" xml:lang="en-US">Growth Investing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_ValueInvestingRiskMember" xlink:label="defiance_ValueInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ValueInvestingRiskMember" xlink:to="defiance_ValueInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ValueInvestingRiskMember_lbl" xml:lang="en-US">Value Investing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_SecuritiesLendingRiskMember" xlink:label="defiance_SecuritiesLendingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SecuritiesLendingRiskMember" xlink:to="defiance_SecuritiesLendingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SecuritiesLendingRiskMember_lbl" xml:lang="en-US">Securities Lending Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_QuantitativeInvestmentApproachRiskMember" xlink:label="defiance_QuantitativeInvestmentApproachRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_QuantitativeInvestmentApproachRiskMember" xlink:to="defiance_QuantitativeInvestmentApproachRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_QuantitativeInvestmentApproachRiskMember_lbl" xml:lang="en-US">Quantitative Investment Approach Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_PrivatelyofferedSecuritiesRiskMember" xlink:label="defiance_PrivatelyofferedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PrivatelyofferedSecuritiesRiskMember" xlink:to="defiance_PrivatelyofferedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PrivatelyofferedSecuritiesRiskMember_lbl" xml:lang="en-US">Privately-Offered Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_EsgRiskMember" xlink:label="defiance_EsgRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EsgRiskMember" xlink:to="defiance_EsgRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EsgRiskMember_lbl" xml:lang="en-US">ESG Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272612Member" xlink:label="defiance_C000272612Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272612Member" xlink:to="defiance_C000272612Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272612Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long ABTC ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272615Member" xlink:label="defiance_C000272615Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272615Member" xlink:to="defiance_C000272615Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272615Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long GCT ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272616Member" xlink:label="defiance_C000272616Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272616Member" xlink:to="defiance_C000272616Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272616Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long LUMN ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272617Member" xlink:label="defiance_C000272617Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272617Member" xlink:to="defiance_C000272617Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272617Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long MDLN ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272618Member" xlink:label="defiance_C000272618Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272618Member" xlink:to="defiance_C000272618Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272618Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long PINS ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272619Member" xlink:label="defiance_C000272619Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272619Member" xlink:to="defiance_C000272619Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272619Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long ROKU ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272620Member" xlink:label="defiance_C000272620Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272620Member" xlink:to="defiance_C000272620Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272620Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SATS ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272621Member" xlink:label="defiance_C000272621Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272621Member" xlink:to="defiance_C000272621Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272621Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SNDL ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272622Member" xlink:label="defiance_C000272622Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272622Member" xlink:to="defiance_C000272622Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272622Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long TLRY ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272613Member" xlink:label="defiance_C000272613Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272613Member" xlink:to="defiance_C000272613Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272613Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long WBD ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260327.xsd#defiance_C000272614Member" xlink:label="defiance_C000272614Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272614Member" xlink:to="defiance_C000272614Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000272614Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long XOVR ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102150Member" xlink:to="defiance_S000102150Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102150Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long ABTC ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272612Member" xlink:to="defiance_C000272612Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272612Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long ABTC ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102153Member" xlink:to="defiance_S000102153Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102153Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long GCT ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272615Member" xlink:to="defiance_C000272615Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272615Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long GCT ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102154Member" xlink:to="defiance_S000102154Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102154Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long LUMN ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272616Member" xlink:to="defiance_C000272616Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272616Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long LUMN ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102155Member" xlink:to="defiance_S000102155Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102155Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long MDLN ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272617Member" xlink:to="defiance_C000272617Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272617Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long MDLN ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102156Member" xlink:to="defiance_S000102156Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102156Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long PINS ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272618Member" xlink:to="defiance_C000272618Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272618Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long PINS ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102157Member" xlink:to="defiance_S000102157Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102157Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long ROKU ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272619Member" xlink:to="defiance_C000272619Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272619Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long ROKU ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102158Member" xlink:to="defiance_S000102158Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102158Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SATS ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272620Member" xlink:to="defiance_C000272620Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272620Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SATS ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102159Member" xlink:to="defiance_S000102159Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102159Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SNDL ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272621Member" xlink:to="defiance_C000272621Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272621Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SNDL ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102160Member" xlink:to="defiance_S000102160Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102160Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long TLRY ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272622Member" xlink:to="defiance_C000272622Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272622Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long TLRY ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102151Member" xlink:to="defiance_S000102151Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102151Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long WBD ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272613Member" xlink:to="defiance_C000272613Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272613Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long WBD ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000102152Member" xlink:to="defiance_S000102152Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000102152Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long XOVR ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000272614Member" xlink:to="defiance_C000272614Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000272614Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long XOVR ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TaxRiskMember" xlink:to="defiance_TaxRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TaxRiskMember_doc" xml:lang="en-US">Tax Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_USGovernmentandUSAgencyObligationsRiskMember" xlink:to="defiance_USGovernmentandUSAgencyObligationsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_USGovernmentandUSAgencyObligationsRiskMember_doc" xml:lang="en-US">U.S. Government and U.S. Agency Obligations Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OperationalRiskMember" xlink:to="defiance_OperationalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_OperationalRiskMember_doc" xml:lang="en-US">Operational Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TradingHaltRiskMember" xlink:to="defiance_TradingHaltRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TradingHaltRiskMember_doc" xml:lang="en-US">Trading Halt Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NewFundRiskMember" xlink:to="defiance_NewFundRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_NewFundRiskMember_doc" xml:lang="en-US">New Fund Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MoneyMarketInstrumentRiskMember" xlink:to="defiance_MoneyMarketInstrumentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MoneyMarketInstrumentRiskMember_doc" xml:lang="en-US">Money Market Instrument Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LiquidityRiskMember" xlink:to="defiance_LiquidityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LiquidityRiskMember_doc" xml:lang="en-US">Liquidity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TrackingErrorRiskMember" xlink:to="defiance_TrackingErrorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TrackingErrorRiskMember_doc" xml:lang="en-US">Tracking Error Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HighPortfolioTurnoverRiskMember" xlink:to="defiance_HighPortfolioTurnoverRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_HighPortfolioTurnoverRiskMember_doc" xml:lang="en-US">High Portfolio Turnover Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EconomicAndMarketRiskMember" xlink:to="defiance_EconomicAndMarketRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EconomicAndMarketRiskMember_doc" xml:lang="en-US">Economic and Market Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LiquidityRisk1Member" xlink:to="defiance_LiquidityRisk1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LiquidityRisk1Member_doc" xml:lang="en-US">Liquidity Risk 1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TradingMember" xlink:to="defiance_TradingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TradingMember_doc" xml:lang="en-US">Trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="defiance_SharesMayTradeAtPricesOtherThanNavMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SharesMayTradeAtPricesOtherThanNavMember_doc" xml:lang="en-US">Shares May Trade at Prices Other Than NAV.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CostsOfBuyingOrSellingSharesMember" xlink:to="defiance_CostsOfBuyingOrSellingSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CostsOfBuyingOrSellingSharesMember_doc" xml:lang="en-US">Costs of Buying or Selling Shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CashRedemptionRiskMember" xlink:to="defiance_CashRedemptionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CashRedemptionRiskMember_doc" xml:lang="en-US">Cash Redemption Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_doc" xml:lang="en-US">Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EtfRisksMember" xlink:to="defiance_EtfRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EtfRisksMember_doc" xml:lang="en-US">ETF Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RebalancingRiskMember" xlink:to="defiance_RebalancingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RebalancingRiskMember_doc" xml:lang="en-US">Rebalancing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_FixedIncomeSecuritiesRiskMember" xlink:to="defiance_FixedIncomeSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_FixedIncomeSecuritiesRiskMember_doc" xml:lang="en-US">Fixed Income Securities Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IntradayInvestmentRiskMember" xlink:to="defiance_IntradayInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IntradayInvestmentRiskMember_doc" xml:lang="en-US">Intra-Day Investment Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CounterpartyRiskMember" xlink:to="defiance_CounterpartyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CounterpartyRiskMember_doc" xml:lang="en-US">Counterparty Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OptionsContractsMember" xlink:to="defiance_OptionsContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_OptionsContractsMember_doc" xml:lang="en-US">Options Contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SwapAgreementsMember" xlink:to="defiance_SwapAgreementsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SwapAgreementsMember_doc" xml:lang="en-US">Swap Agreements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DerivativesRiskMember" xlink:to="defiance_DerivativesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DerivativesRiskMember_doc" xml:lang="en-US">Derivatives Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LeverageRiskMember" xlink:to="defiance_LeverageRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LeverageRiskMember_doc" xml:lang="en-US">Leverage Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DailyCorrelationTrackingRiskMember" xlink:to="defiance_DailyCorrelationTrackingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DailyCorrelationTrackingRiskMember_doc" xml:lang="en-US">Daily Correlation/Tracking Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CompoundingAndMarketVolatilityRiskMember" xlink:to="defiance_CompoundingAndMarketVolatilityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CompoundingAndMarketVolatilityRiskMember_doc" xml:lang="en-US">Compounding and Market Volatility Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SingleIssuerRiskMember" xlink:to="defiance_SingleIssuerRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SingleIssuerRiskMember_doc" xml:lang="en-US">Single Issuer Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EsgRiskMember" xlink:to="defiance_EsgRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EsgRiskMember_doc" xml:lang="en-US">ESG Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PrivatelyofferedSecuritiesRiskMember" xlink:to="defiance_PrivatelyofferedSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PrivatelyofferedSecuritiesRiskMember_doc" xml:lang="en-US">Privately-Offered Securities Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_QuantitativeInvestmentApproachRiskMember" xlink:to="defiance_QuantitativeInvestmentApproachRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_QuantitativeInvestmentApproachRiskMember_doc" xml:lang="en-US">Quantitative Investment Approach Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SecuritiesLendingRiskMember" xlink:to="defiance_SecuritiesLendingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SecuritiesLendingRiskMember_doc" xml:lang="en-US">Securities Lending Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ValueInvestingRiskMember" xlink:to="defiance_ValueInvestingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ValueInvestingRiskMember_doc" xml:lang="en-US">Value Investing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GrowthInvestingRiskMember" xlink:to="defiance_GrowthInvestingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GrowthInvestingRiskMember_doc" xml:lang="en-US">Growth Investing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PreferredStockRiskMember" xlink:to="defiance_PreferredStockRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PreferredStockRiskMember_doc" xml:lang="en-US">Preferred Stock Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HedgingRiskMember" xlink:to="defiance_HedgingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_HedgingRiskMember_doc" xml:lang="en-US">Hedging Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EmergingMarketsRiskMember" xlink:to="defiance_EmergingMarketsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EmergingMarketsRiskMember_doc" xml:lang="en-US">Emerging Markets Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TechnologySectorRiskMember" xlink:to="defiance_TechnologySectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TechnologySectorRiskMember_doc" xml:lang="en-US">Technology Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndustrialSectorRiskMember" xlink:to="defiance_IndustrialSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndustrialSectorRiskMember_doc" xml:lang="en-US">Industrial Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HealthCareSectorRiskMember" xlink:to="defiance_HealthCareSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_HealthCareSectorRiskMember_doc" xml:lang="en-US">Health Care Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EnergySectorRiskMember" xlink:to="defiance_EnergySectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EnergySectorRiskMember_doc" xml:lang="en-US">Energy Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CommunicationsServicesSectorRiskMember" xlink:to="defiance_CommunicationsServicesSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CommunicationsServicesSectorRiskMember_doc" xml:lang="en-US">Communications Services Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ConsumerStaplesSectorRiskMember" xlink:to="defiance_ConsumerStaplesSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ConsumerStaplesSectorRiskMember_doc" xml:lang="en-US">Consumer Staples Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ConsumerDiscretionarySectorRiskMember" xlink:to="defiance_ConsumerDiscretionarySectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ConsumerDiscretionarySectorRiskMember_doc" xml:lang="en-US">Consumer Discretionary Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SectorRiskMember" xlink:to="defiance_SectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SectorRiskMember_doc" xml:lang="en-US">Sector Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PortfolioTurnoverRiskMember" xlink:to="defiance_PortfolioTurnoverRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PortfolioTurnoverRiskMember_doc" xml:lang="en-US">Portfolio Turnover Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ForeignSecuritiesRiskMember" xlink:to="defiance_ForeignSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ForeignSecuritiesRiskMember_doc" xml:lang="en-US">Foreign Securities Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IssuerRiskMember" xlink:to="defiance_IssuerRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IssuerRiskMember_doc" xml:lang="en-US">Issuer Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AssetClassRiskMember" xlink:to="defiance_AssetClassRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AssetClassRiskMember_doc" xml:lang="en-US">Asset Class Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MediumSizedCompanyRiskMember" xlink:to="defiance_MediumSizedCompanyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MediumSizedCompanyRiskMember_doc" xml:lang="en-US">Medium Sized Company Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LargeCompanyRiskMember" xlink:to="defiance_LargeCompanyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LargeCompanyRiskMember_doc" xml:lang="en-US">Large Company Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AdrAndGdrRiskMember" xlink:to="defiance_AdrAndGdrRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AdrAndGdrRiskMember_doc" xml:lang="en-US">ADR and GDR Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MarketAndGeopoliticalRiskMember" xlink:to="defiance_MarketAndGeopoliticalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MarketAndGeopoliticalRiskMember_doc" xml:lang="en-US">Market and Geopolitical Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CommonStockRiskMember" xlink:to="defiance_CommonStockRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CommonStockRiskMember_doc" xml:lang="en-US">Common Stock Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LargeShareholderRiskMember" xlink:to="defiance_LargeShareholderRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LargeShareholderRiskMember_doc" xml:lang="en-US">Large Shareholder Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ManagementRiskMember" xlink:to="defiance_ManagementRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ManagementRiskMember_doc" xml:lang="en-US">Management Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_XovrRisksMember" xlink:to="defiance_XovrRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_XovrRisksMember_doc" xml:lang="en-US">XOVR Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember" xlink:to="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdRegulatoryIntellectualPropertyAndOperationalRiskMember_doc" xml:lang="en-US">WBD Regulatory, Intellectual Property and Operational Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember" xlink:to="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdFinancialConditionIndebtednessAndReorganizationRiskMember_doc" xml:lang="en-US">WBD Financial Condition, Indebtedness and Reorganization Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember" xlink:to="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdAdvertisingContentAndRevenueVolatilityRiskMember_doc" xml:lang="en-US">WBD Advertising, Content and Revenue Volatility Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember" xlink:to="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WBDIndustryCompetitionandBusinessTransformationRiskMember_doc" xml:lang="en-US">WBD Industry, Competition and Business Transformation Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdPerformanceRiskMember" xlink:to="defiance_WbdPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdPerformanceRiskMember_doc" xml:lang="en-US">WBD Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdTradingRiskMember" xlink:to="defiance_WbdTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdTradingRiskMember_doc" xml:lang="en-US">WBD Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInWbdRiskMember" xlink:to="defiance_IndirectInvestmentInWbdRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInWbdRiskMember_doc" xml:lang="en-US">Indirect Investment in WBD Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_WbdRisksMember" xlink:to="defiance_WbdRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_WbdRisksMember_doc" xml:lang="en-US">WBD Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryOperationalAndSupplyChainRiskMember" xlink:to="defiance_TlryOperationalAndSupplyChainRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryOperationalAndSupplyChainRiskMember_doc" xml:lang="en-US">TLRY Operational and Supply Chain Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AlcoholIndustryCompetitionRiskMember" xlink:to="defiance_AlcoholIndustryCompetitionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AlcoholIndustryCompetitionRiskMember_doc" xml:lang="en-US">Alcohol Industry Competition Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryFinancialConditionAndLiquidityRiskMember" xlink:to="defiance_TlryFinancialConditionAndLiquidityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryFinancialConditionAndLiquidityRiskMember_doc" xml:lang="en-US">TLRY Financial Condition and Liquidity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember" xlink:to="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryBusinessModelCompetitiveAndExecutionRiskMember_doc" xml:lang="en-US">TLRY Business Model, Competitive and Execution Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember" xlink:to="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TLRYRegulatoryLegalandCannabisIndustryRiskMember_doc" xml:lang="en-US">TLRY Regulatory, Legal and Cannabis Industry Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryPerformanceRiskMember" xlink:to="defiance_TlryPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryPerformanceRiskMember_doc" xml:lang="en-US">TLRY Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryTradingRiskMember" xlink:to="defiance_TlryTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryTradingRiskMember_doc" xml:lang="en-US">TLRY Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInTlryRiskMember" xlink:to="defiance_IndirectInvestmentInTlryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInTlryRiskMember_doc" xml:lang="en-US">Indirect Investment in TLRY Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TlryRisksMember" xlink:to="defiance_TlryRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TlryRisksMember_doc" xml:lang="en-US">TLRY Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember" xlink:to="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlOperationalSupplyChainAndGovernanceRiskMember_doc" xml:lang="en-US">SNDL Operational, Supply Chain and Governance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember" xlink:to="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlFinancialConditionLiquidityAndInvestmentRiskMember_doc" xml:lang="en-US">SNDL Financial Condition, Liquidity and Investment Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember" xlink:to="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlBusinessModelCompetitiveAndExecutionRiskMember_doc" xml:lang="en-US">SNDL Business Model, Competitive and Execution Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember" xlink:to="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SNDLRegulatoryLegalandCannabisIndustryRiskMember_doc" xml:lang="en-US">SNDL Regulatory, Legal and Cannabis Industry Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlPerformanceRiskMember" xlink:to="defiance_SndlPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlPerformanceRiskMember_doc" xml:lang="en-US">SNDL Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlTradingRiskMember" xlink:to="defiance_SndlTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlTradingRiskMember_doc" xml:lang="en-US">SNDL Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSndlRiskMember" xlink:to="defiance_IndirectInvestmentInSndlRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInSndlRiskMember_doc" xml:lang="en-US">Indirect Investment in SNDL Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SndlRisksMember" xlink:to="defiance_SndlRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SndlRisksMember_doc" xml:lang="en-US">SNDL Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember" xlink:to="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsFinancialRegulatoryAndCapitalStructureRiskMember_doc" xml:lang="en-US">SATS Financial, Regulatory and Capital Structure Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember" xlink:to="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsOperationalCybersecurityAndHumanCapitalRiskMember_doc" xml:lang="en-US">SATS Operational, Cybersecurity and Human Capital Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember" xlink:to="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsNetworkPartnerAndServiceDeliveryRiskMember_doc" xml:lang="en-US">SATS Network, Partner and Service Delivery Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember" xlink:to="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SATSCompetitiveIndustryandTechnologyChangeRiskMember_doc" xml:lang="en-US">SATS Competitive, Industry and Technology Change Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsPerformanceRiskMember" xlink:to="defiance_SatsPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsPerformanceRiskMember_doc" xml:lang="en-US">SATS Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsTradingRiskMember" xlink:to="defiance_SatsTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsTradingRiskMember_doc" xml:lang="en-US">SATS Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSatsRiskMember" xlink:to="defiance_IndirectInvestmentInSatsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInSatsRiskMember_doc" xml:lang="en-US">Indirect Investment in SATS Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SatsRisksMember" xlink:to="defiance_SatsRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SatsRisksMember_doc" xml:lang="en-US">SATS Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember" xlink:to="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuFinancialRegulatoryAndEquitySecuritiesRiskMember_doc" xml:lang="en-US">ROKU Financial, Regulatory and Equity Securities Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember" xlink:to="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuTechnologyCybersecurityAndOperationalRiskMember_doc" xml:lang="en-US">ROKU Technology, Cybersecurity and Operational Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember" xlink:to="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuContentPartnerAndEcosystemDependenceRiskMember_doc" xml:lang="en-US">ROKU Content, Partner and Ecosystem Dependence Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember" xlink:to="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ROKUBusinessModelCompetitionandPlatformMonetizationRiskMember_doc" xml:lang="en-US">ROKU Business Model, Competition and Platform Monetization Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuPerformanceRiskMember" xlink:to="defiance_RokuPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuPerformanceRiskMember_doc" xml:lang="en-US">ROKU Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuTradingRiskMember" xlink:to="defiance_RokuTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuTradingRiskMember_doc" xml:lang="en-US">ROKU Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInRokuRiskMember" xlink:to="defiance_IndirectInvestmentInRokuRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInRokuRiskMember_doc" xml:lang="en-US">Indirect Investment in ROKU Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RokuRisksMember" xlink:to="defiance_RokuRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RokuRisksMember_doc" xml:lang="en-US">ROKU Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember" xlink:to="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PINSRegulatoryLegalandFinancialPerformanceRiskMember_doc" xml:lang="en-US">PINS Regulatory, Legal, and Financial Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember" xlink:to="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PinsTechnologyDataAndThirdpartyDependenceRiskMember_doc" xml:lang="en-US">PINS Technology, Data, and Third-Party Dependence Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsAdvertisingAndMonetizationRiskMember" xlink:to="defiance_PinsAdvertisingAndMonetizationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PinsAdvertisingAndMonetizationRiskMember_doc" xml:lang="en-US">PINS Advertising and Monetization Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PINSBusinessGrowthandCompetitiveRiskMember" xlink:to="defiance_PINSBusinessGrowthandCompetitiveRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PINSBusinessGrowthandCompetitiveRiskMember_doc" xml:lang="en-US">PINS Business, Growth and Competitive Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsPerformanceRiskMember" xlink:to="defiance_PinsPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PinsPerformanceRiskMember_doc" xml:lang="en-US">PINS Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsTradingRiskMember" xlink:to="defiance_PinsTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PinsTradingRiskMember_doc" xml:lang="en-US">PINS Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInPinsRiskMember" xlink:to="defiance_IndirectInvestmentInPinsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInPinsRiskMember_doc" xml:lang="en-US">Indirect Investment in PINS Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PinsRisksMember" xlink:to="defiance_PinsRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PinsRisksMember_doc" xml:lang="en-US">PINS Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NewlyPublicCompanyRisksMember" xlink:to="defiance_NewlyPublicCompanyRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_NewlyPublicCompanyRisksMember_doc" xml:lang="en-US">Newly Public Company Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OperationalReputationalAndExternalEventRiskMember" xlink:to="defiance_OperationalReputationalAndExternalEventRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_OperationalReputationalAndExternalEventRiskMember_doc" xml:lang="en-US">Operational, Reputational, and External Event Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember" xlink:to="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CustomerConcentrationContractingAndReimbursementSensitivityRiskMember_doc" xml:lang="en-US">Customer Concentration, Contracting, and Reimbursement Sensitivity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryComplianceAndProductOversightRiskMember" xlink:to="defiance_RegulatoryComplianceAndProductOversightRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RegulatoryComplianceAndProductOversightRiskMember_doc" xml:lang="en-US">Regulatory, Compliance, and Product Oversight Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GlobalSourcingTradeAndCostInflationRiskMember" xlink:to="defiance_GlobalSourcingTradeAndCostInflationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GlobalSourcingTradeAndCostInflationRiskMember_doc" xml:lang="en-US">Global Sourcing, Trade, and Cost Inflation Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember" xlink:to="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_HealthcareSupplyChainandProductAvailabilityRiskMember_doc" xml:lang="en-US">Healthcare Supply Chain and Product Availability Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnPerformanceRiskMember" xlink:to="defiance_MdlnPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MdlnPerformanceRiskMember_doc" xml:lang="en-US">MDLN Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnTradingRiskMember" xlink:to="defiance_MdlnTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MdlnTradingRiskMember_doc" xml:lang="en-US">MDLN Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInMdlnRiskMember" xlink:to="defiance_IndirectInvestmentInMdlnRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInMdlnRiskMember_doc" xml:lang="en-US">Indirect Investment in MDLN Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MdlnRisksMember" xlink:to="defiance_MdlnRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MdlnRisksMember_doc" xml:lang="en-US">MDLN Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryOperationalAndCybersecurityRiskMember" xlink:to="defiance_RegulatoryOperationalAndCybersecurityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RegulatoryOperationalAndCybersecurityRiskMember_doc" xml:lang="en-US">Regulatory, Operational, and Cybersecurity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember" xlink:to="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MacroeconomicAndCustomerDemandSensitivityRiskMember_doc" xml:lang="en-US">Macroeconomic and Customer Demand Sensitivity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CapitalIntensityAndNetworkInvestmentRiskMember" xlink:to="defiance_CapitalIntensityAndNetworkInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CapitalIntensityAndNetworkInvestmentRiskMember_doc" xml:lang="en-US">Capital Intensity and Network Investment Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CompetitiveAndTechnologicalChangeRiskMember" xlink:to="defiance_CompetitiveAndTechnologicalChangeRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CompetitiveAndTechnologicalChangeRiskMember_doc" xml:lang="en-US">Competitive and Technological Change Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RevenueDeclineAndBusinessTransitionRiskMember" xlink:to="defiance_RevenueDeclineAndBusinessTransitionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RevenueDeclineAndBusinessTransitionRiskMember_doc" xml:lang="en-US">Revenue Decline and Business Transition Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_HighLeverageandFinancialFlexibilityRiskMember" xlink:to="defiance_HighLeverageandFinancialFlexibilityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_HighLeverageandFinancialFlexibilityRiskMember_doc" xml:lang="en-US">High Leverage and Financial Flexibility Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnPerformanceRiskMember" xlink:to="defiance_LumnPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LumnPerformanceRiskMember_doc" xml:lang="en-US">LUMN Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnTradingRiskMember" xlink:to="defiance_LumnTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LumnTradingRiskMember_doc" xml:lang="en-US">LUMN Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInLumnRiskMember" xlink:to="defiance_IndirectInvestmentInLumnRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInLumnRiskMember_doc" xml:lang="en-US">Indirect Investment in LUMN Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LumnRisksMember" xlink:to="defiance_LumnRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LumnRisksMember_doc" xml:lang="en-US">LUMN Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_KeyPersonRiskMember" xlink:to="defiance_KeyPersonRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_KeyPersonRiskMember_doc" xml:lang="en-US">Key Person Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember" xlink:to="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TechnologyCybersecurityAndRegulatoryComplianceRiskMember_doc" xml:lang="en-US">Technology, Cybersecurity, and Regulatory Compliance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember" xlink:to="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_FirstpartySalesInventoryAndCompetitiveRiskMember_doc" xml:lang="en-US">First-Party Sales, Inventory, and Competitive Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember" xlink:to="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CrossborderSupplyChainAndLogisticsExecutionRiskMember_doc" xml:lang="en-US">Cross-Border Supply Chain and Logistics Execution Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember" xlink:to="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MarketplaceAdoptionandDemandSensitivityRiskMember_doc" xml:lang="en-US">Marketplace Adoption and Demand Sensitivity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctPerformanceRiskMember" xlink:to="defiance_GctPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GctPerformanceRiskMember_doc" xml:lang="en-US">GCT Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctTradingRiskMember" xlink:to="defiance_GctTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GctTradingRiskMember_doc" xml:lang="en-US">GCT Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInGctRiskMember" xlink:to="defiance_IndirectInvestmentInGctRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInGctRiskMember_doc" xml:lang="en-US">Indirect Investment in GCT Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GctRisksMember" xlink:to="defiance_GctRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GctRisksMember_doc" xml:lang="en-US">GCT Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_BlockchainTechnologyRiskMember" xlink:to="defiance_BlockchainTechnologyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_BlockchainTechnologyRiskMember_doc" xml:lang="en-US">Blockchain Technology Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DigitalAssetMarketsRiskMember" xlink:to="defiance_DigitalAssetMarketsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DigitalAssetMarketsRiskMember_doc" xml:lang="en-US">Digital Asset Markets Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DigitalAssetsRiskMember" xlink:to="defiance_DigitalAssetsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DigitalAssetsRiskMember_doc" xml:lang="en-US">Digital Assets Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_BitcoinInvestmentRisksMember" xlink:to="defiance_BitcoinInvestmentRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_BitcoinInvestmentRisksMember_doc" xml:lang="en-US">Bitcoin Investment Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SoftwareIndustryRiskMember" xlink:to="defiance_SoftwareIndustryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SoftwareIndustryRiskMember_doc" xml:lang="en-US">Software Industry Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CorporateStructureControlAndOperationalDependenceRiskMember" xlink:to="defiance_CorporateStructureControlAndOperationalDependenceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CorporateStructureControlAndOperationalDependenceRiskMember_doc" xml:lang="en-US">Corporate Structure, Control, and Operational Dependence Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryLegalAndTaxRiskMember" xlink:to="defiance_RegulatoryLegalAndTaxRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RegulatoryLegalAndTaxRiskMember_doc" xml:lang="en-US">Regulatory, Legal, and Tax Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EnergyCostPowerAvailabilityAndCurtailmentRiskMember" xlink:to="defiance_EnergyCostPowerAvailabilityAndCurtailmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EnergyCostPowerAvailabilityAndCurtailmentRiskMember_doc" xml:lang="en-US">Energy Cost, Power Availability, and Curtailment Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CapitalInvestmentandMiningHardwareSupplyRiskMember" xlink:to="defiance_CapitalInvestmentandMiningHardwareSupplyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CapitalInvestmentandMiningHardwareSupplyRiskMember_doc" xml:lang="en-US">Capital Investment and Mining Hardware Supply Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MiningEconomicsRiskNetworkDifficultyHashrateandHalvingMember" xlink:to="defiance_MiningEconomicsRiskNetworkDifficultyHashrateandHalvingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MiningEconomicsRiskNetworkDifficultyHashrateandHalvingMember_doc" xml:lang="en-US">Mining Economics Risk (Network Difficulty, Hashrate, and Halving).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_BitcoinPriceAndConcentrationRiskMember" xlink:to="defiance_BitcoinPriceAndConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_BitcoinPriceAndConcentrationRiskMember_doc" xml:lang="en-US">Bitcoin Price and Concentration Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DigitalAssetMiningandInfrastructureIndustryRiskMember" xlink:to="defiance_DigitalAssetMiningandInfrastructureIndustryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DigitalAssetMiningandInfrastructureIndustryRiskMember_doc" xml:lang="en-US">Digital Asset Mining and Infrastructure Industry Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ABTCPerformanceRiskMember" xlink:to="defiance_ABTCPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ABTCPerformanceRiskMember_doc" xml:lang="en-US">ABTC Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AbtcTradingRiskMember" xlink:to="defiance_AbtcTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AbtcTradingRiskMember_doc" xml:lang="en-US">ABTC Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInAbtcRiskMember" xlink:to="defiance_IndirectInvestmentInAbtcRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInAbtcRiskMember_doc" xml:lang="en-US">Indirect Investment in ABTC Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AbtcRisksMember" xlink:to="defiance_AbtcRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AbtcRisksMember_doc" xml:lang="en-US">ABTC Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_NonDiversificationRiskMember" xlink:to="defiance_NonDiversificationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_NonDiversificationRiskMember_doc" xml:lang="en-US">Non-Diversification Risk.</link:label>
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