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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_LiquidityRisksMember_lbl" xml:lang="en-US">Liquidity Risks [Member]</link:label>
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      <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>
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      <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>
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      <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>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000103894Member" xlink:to="defiance_S000103894Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000103894Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SIDU ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_SiduRisksMember" xlink:label="defiance_SiduRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduRisksMember" xlink:to="defiance_SiduRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SiduRisksMember_lbl" xml:lang="en-US">SIDU Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_IndirectInvestmentInSiduRiskMember" xlink:label="defiance_IndirectInvestmentInSiduRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSiduRiskMember" xlink:to="defiance_IndirectInvestmentInSiduRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndirectInvestmentInSiduRiskMember_lbl" xml:lang="en-US">Indirect Investment in SIDU Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_SiduTradingRiskMember" xlink:label="defiance_SiduTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduTradingRiskMember" xlink:to="defiance_SiduTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SiduTradingRiskMember_lbl" xml:lang="en-US">SIDU Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_SiduPerformanceRiskMember" xlink:label="defiance_SiduPerformanceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduPerformanceRiskMember" xlink:to="defiance_SiduPerformanceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SiduPerformanceRiskMember_lbl" xml:lang="en-US">SIDU Performance Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_AerospaceAndDefenseIndustryRisksMember" xlink:label="defiance_AerospaceAndDefenseIndustryRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AerospaceAndDefenseIndustryRisksMember" xlink:to="defiance_AerospaceAndDefenseIndustryRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_AerospaceAndDefenseIndustryRisksMember_lbl" xml:lang="en-US">Aerospace and Defense Industry Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_GovernmentContractsRisksMember" xlink:label="defiance_GovernmentContractsRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_GovernmentContractsRisksMember" xlink:to="defiance_GovernmentContractsRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_GovernmentContractsRisksMember_lbl" xml:lang="en-US">Government Contracts Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_C000274491Member" xlink:label="defiance_C000274491Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000274491Member" xlink:to="defiance_C000274491Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000274491Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long OPTT ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260511.xsd#defiance_C000274492Member" xlink:label="defiance_C000274492Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000274492Member" xlink:to="defiance_C000274492Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000274492Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SIDU ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000103893Member" xlink:to="defiance_S000103893Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000103893Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long OPTT ETF</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000274491Member" xlink:to="defiance_C000274491Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000274491Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long OPTT ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000103894Member" xlink:to="defiance_S000103894Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000103894Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SIDU ETF</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000274492Member" xlink:to="defiance_C000274492Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000274492Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SIDU ETF [Member]</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_LiquidityRisksMember" xlink:to="defiance_LiquidityRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LiquidityRisksMember_doc" xml:lang="en-US">Liquidity Risks.</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_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_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.&#194;&#160;</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_GovernmentContractsRisksMember" xlink:to="defiance_GovernmentContractsRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_GovernmentContractsRisksMember_doc" xml:lang="en-US">Government Contracts Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AerospaceAndDefenseIndustryRisksMember" xlink:to="defiance_AerospaceAndDefenseIndustryRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_AerospaceAndDefenseIndustryRisksMember_doc" xml:lang="en-US">Aerospace and Defense Industry Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduPerformanceRiskMember" xlink:to="defiance_SiduPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SiduPerformanceRiskMember_doc" xml:lang="en-US">SIDU Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduTradingRiskMember" xlink:to="defiance_SiduTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SiduTradingRiskMember_doc" xml:lang="en-US">SIDU Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInSiduRiskMember" xlink:to="defiance_IndirectInvestmentInSiduRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInSiduRiskMember_doc" xml:lang="en-US">Indirect Investment in SIDU Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SiduRisksMember" xlink:to="defiance_SiduRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SiduRisksMember_doc" xml:lang="en-US">SIDU Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RegulatoryRisksMember" xlink:to="defiance_RegulatoryRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RegulatoryRisksMember_doc" xml:lang="en-US">Regulatory Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ElectricalEquipmentIndustryRisksMember" xlink:to="defiance_ElectricalEquipmentIndustryRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ElectricalEquipmentIndustryRisksMember_doc" xml:lang="en-US">Electrical Equipment Industry Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OpttPerformanceRiskMember" xlink:to="defiance_OpttPerformanceRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_OpttPerformanceRiskMember_doc" xml:lang="en-US">OPTT Performance Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OpttTradingRiskMember" xlink:to="defiance_OpttTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_OpttTradingRiskMember_doc" xml:lang="en-US">OPTT Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndirectInvestmentInOpttRiskMember" xlink:to="defiance_IndirectInvestmentInOpttRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndirectInvestmentInOpttRiskMember_doc" xml:lang="en-US">Indirect Investment in OPTT Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OpttRisksMember" xlink:to="defiance_OpttRisksMember_doc" xlink:type="arc" />
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