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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DerivativesRiskMember" xlink:to="defiance_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SwapAgreementsMember" xlink:label="defiance_SwapAgreementsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SwapAgreementsMember" xlink:to="defiance_SwapAgreementsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SwapAgreementsMember_lbl" xml:lang="en-US">Swap Agreements [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_OptionsContractsMember" xlink:label="defiance_OptionsContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_OptionsContractsMember" xlink:to="defiance_OptionsContractsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_OptionsContractsMember_lbl" xml:lang="en-US">Options Contracts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_CounterpartyRiskMember" xlink:label="defiance_CounterpartyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CounterpartyRiskMember" xlink:to="defiance_CounterpartyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_IntradayInvestmentRiskMember" xlink:label="defiance_IntradayInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IntradayInvestmentRiskMember" xlink:to="defiance_IntradayInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IntradayInvestmentRiskMember_lbl" xml:lang="en-US">Intra-Day Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_FixedIncomeSecuritiesRiskMember" xlink:label="defiance_FixedIncomeSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_FixedIncomeSecuritiesRiskMember" xlink:to="defiance_FixedIncomeSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_FixedIncomeSecuritiesRiskMember_lbl" xml:lang="en-US">Fixed Income Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_RebalancingRiskMember" xlink:label="defiance_RebalancingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RebalancingRiskMember" xlink:to="defiance_RebalancingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RebalancingRiskMember_lbl" xml:lang="en-US">Rebalancing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_EtfRisksMember" xlink:label="defiance_EtfRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EtfRisksMember" xlink:to="defiance_EtfRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EtfRisksMember_lbl" xml:lang="en-US">ETF Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:label="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_lbl" xml:lang="en-US">Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_CashRedemptionRiskMember" xlink:label="defiance_CashRedemptionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CashRedemptionRiskMember" xlink:to="defiance_CashRedemptionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CashRedemptionRiskMember_lbl" xml:lang="en-US">Cash Redemption Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_CostsOfBuyingOrSellingSharesMember" xlink:label="defiance_CostsOfBuyingOrSellingSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CostsOfBuyingOrSellingSharesMember" xlink:to="defiance_CostsOfBuyingOrSellingSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CostsOfBuyingOrSellingSharesMember_lbl" xml:lang="en-US">Costs of Buying or Selling Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SharesMayTradeAtPricesOtherThanNavMember" xlink:label="defiance_SharesMayTradeAtPricesOtherThanNavMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="defiance_SharesMayTradeAtPricesOtherThanNavMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SharesMayTradeAtPricesOtherThanNavMember_lbl" xml:lang="en-US">Shares May Trade at Prices Other Than NAV [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_TradingMember" xlink:label="defiance_TradingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TradingMember" xlink:to="defiance_TradingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TradingMember_lbl" xml:lang="en-US">Trading [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_LiquidityRiskMember" xlink:label="defiance_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LiquidityRiskMember" xlink:to="defiance_LiquidityRiskMember_lbl" xlink:type="arc" />
      <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-20260518.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-20260518.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-20260518.xsd#defiance_TrackingErrorRisk1Member" xlink:label="defiance_TrackingErrorRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TrackingErrorRisk1Member" xlink:to="defiance_TrackingErrorRisk1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TrackingErrorRisk1Member_lbl" xml:lang="en-US">Tracking Error Risk 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.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-20260518.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-20260518.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-20260518.xsd#defiance_TradingHaltRisk1Member" xlink:label="defiance_TradingHaltRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_TradingHaltRisk1Member" xlink:to="defiance_TradingHaltRisk1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_TradingHaltRisk1Member_lbl" xml:lang="en-US">Trading Halt Risk 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.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-20260518.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-20260518.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-20260518.xsd#defiance_S000104717Member" xlink:label="defiance_S000104717Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000104717Member" xlink:to="defiance_S000104717Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_S000104717Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SILJ ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SILJRisksMember" xlink:label="defiance_SILJRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SILJRisksMember" xlink:to="defiance_SILJRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SILJRisksMember_lbl" xml:lang="en-US">SILJ Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_ConcentrationRiskMember" xlink:label="defiance_ConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ConcentrationRiskMember" xlink:to="defiance_ConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ConcentrationRiskMember_lbl" xml:lang="en-US">Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.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-20260518.xsd#defiance_EquitySecuritiesRiskMember" xlink:label="defiance_EquitySecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EquitySecuritiesRiskMember" xlink:to="defiance_EquitySecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_EquitySecuritiesRiskMember_lbl" xml:lang="en-US">Equity Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_ForeignInvestmentRiskMember" xlink:label="defiance_ForeignInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ForeignInvestmentRiskMember" xlink:to="defiance_ForeignInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ForeignInvestmentRiskMember_lbl" xml:lang="en-US">Foreign Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_DepositaryReceiptsRiskMember" xlink:label="defiance_DepositaryReceiptsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DepositaryReceiptsRiskMember" xlink:to="defiance_DepositaryReceiptsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_DepositaryReceiptsRiskMember_lbl" xml:lang="en-US">Depositary Receipts Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_ForeignMarketandTradingRiskMember" xlink:label="defiance_ForeignMarketandTradingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ForeignMarketandTradingRiskMember" xlink:to="defiance_ForeignMarketandTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_ForeignMarketandTradingRiskMember_lbl" xml:lang="en-US">Foreign Market and Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_PoliticalandEconomicRiskMember" xlink:label="defiance_PoliticalandEconomicRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PoliticalandEconomicRiskMember" xlink:to="defiance_PoliticalandEconomicRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PoliticalandEconomicRiskMember_lbl" xml:lang="en-US">Political and Economic Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_RelianceonTradingPartnersRiskMember" xlink:label="defiance_RelianceonTradingPartnersRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RelianceonTradingPartnersRiskMember" xlink:to="defiance_RelianceonTradingPartnersRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_RelianceonTradingPartnersRiskMember_lbl" xml:lang="en-US">Reliance on Trading Partners 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_GeographicConcentrationRiskMember" xlink:label="us-gaap_GeographicConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeographicConcentrationRiskMember" xlink:to="us-gaap_GeographicConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeographicConcentrationRiskMember_lbl" xml:lang="en-US">Geographic Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_CanadaSpecificRiskMember" xlink:label="defiance_CanadaSpecificRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CanadaSpecificRiskMember" xlink:to="defiance_CanadaSpecificRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_CanadaSpecificRiskMember_lbl" xml:lang="en-US">Canada-Specific Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_IndexProviderRiskMember" xlink:label="defiance_IndexProviderRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndexProviderRiskMember" xlink:to="defiance_IndexProviderRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_IndexProviderRiskMember_lbl" xml:lang="en-US">Index Provider Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_InflationRiskMember" xlink:label="defiance_InflationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_InflationRiskMember" xlink:to="defiance_InflationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_InflationRiskMember_lbl" xml:lang="en-US">Inflation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_MetalsandMiningCompaniesRiskMember" xlink:label="defiance_MetalsandMiningCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MetalsandMiningCompaniesRiskMember" xlink:to="defiance_MetalsandMiningCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_MetalsandMiningCompaniesRiskMember_lbl" xml:lang="en-US">Metals and Mining Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_PassiveInvestmentRiskMember" xlink:label="defiance_PassiveInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PassiveInvestmentRiskMember" xlink:to="defiance_PassiveInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_PassiveInvestmentRiskMember_lbl" xml:lang="en-US">Passive Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SecurityIssuerRiskMember" xlink:label="defiance_SecurityIssuerRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SecurityIssuerRiskMember" xlink:to="defiance_SecurityIssuerRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SecurityIssuerRiskMember_lbl" xml:lang="en-US">Security Issuer Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember" xlink:label="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember" xlink:to="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember_lbl" xml:lang="en-US">Silver Exploration and Production Industry Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_SmallerCompaniesRiskMember" xlink:label="defiance_SmallerCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SmallerCompaniesRiskMember" xlink:to="defiance_SmallerCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_SmallerCompaniesRiskMember_lbl" xml:lang="en-US">Smaller Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_C000275359Member" xlink:label="defiance_C000275359Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000275359Member" xlink:to="defiance_C000275359Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000275359Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SIL ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="defiance-20260518.xsd#defiance_C000275360Member" xlink:label="defiance_C000275360Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000275360Member" xlink:to="defiance_C000275360Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="defiance_C000275360Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long SILJ ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000104716Member" xlink:to="defiance_S000104716Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000104716Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SIL ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000275359Member" xlink:to="defiance_C000275359Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000275359Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SIL ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_S000104717Member" xlink:to="defiance_S000104717Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_S000104717Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SILJ ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_C000275360Member" xlink:to="defiance_C000275360Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_C000275360Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long SILJ 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_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_ValuationRiskMember" xlink:to="defiance_ValuationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ValuationRiskMember_doc" xml:lang="en-US">Valuation Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SmallerCompaniesRiskMember" xlink:to="defiance_SmallerCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SmallerCompaniesRiskMember_doc" xml:lang="en-US">Smaller Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember" xlink:to="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SilverExplorationAndProductionIndustryConcentrationRiskMember_doc" xml:lang="en-US">Silver Exploration and Production Industry Concentration Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SecurityIssuerRiskMember" xlink:to="defiance_SecurityIssuerRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SecurityIssuerRiskMember_doc" xml:lang="en-US">Security Issuer Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PassiveInvestmentRiskMember" xlink:to="defiance_PassiveInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PassiveInvestmentRiskMember_doc" xml:lang="en-US">Passive Investment Risk.</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>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MetalsandMiningCompaniesRiskMember" xlink:to="defiance_MetalsandMiningCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MetalsandMiningCompaniesRiskMember_doc" xml:lang="en-US">Metals and Mining Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_InflationRiskMember" xlink:to="defiance_InflationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_InflationRiskMember_doc" xml:lang="en-US">Inflation Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_IndexProviderRiskMember" xlink:to="defiance_IndexProviderRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndexProviderRiskMember_doc" xml:lang="en-US">Index Provider Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CanadaSpecificRiskMember" xlink:to="defiance_CanadaSpecificRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CanadaSpecificRiskMember_doc" xml:lang="en-US">Canada-Specific Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RelianceonTradingPartnersRiskMember" xlink:to="defiance_RelianceonTradingPartnersRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RelianceonTradingPartnersRiskMember_doc" xml:lang="en-US">Reliance on Trading Partners Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_PoliticalandEconomicRiskMember" xlink:to="defiance_PoliticalandEconomicRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_PoliticalandEconomicRiskMember_doc" xml:lang="en-US">Political and Economic 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_ForeignMarketandTradingRiskMember" xlink:to="defiance_ForeignMarketandTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ForeignMarketandTradingRiskMember_doc" xml:lang="en-US">Foreign Market and Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_DepositaryReceiptsRiskMember" xlink:to="defiance_DepositaryReceiptsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_DepositaryReceiptsRiskMember_doc" xml:lang="en-US">Depositary Receipts Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_CurrencyRiskMember" xlink:to="defiance_CurrencyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CurrencyRiskMember_doc" xml:lang="en-US">Currency Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ForeignInvestmentRiskMember" xlink:to="defiance_ForeignInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ForeignInvestmentRiskMember_doc" xml:lang="en-US">Foreign Investment Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_EquitySecuritiesRiskMember" xlink:to="defiance_EquitySecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_EquitySecuritiesRiskMember_doc" xml:lang="en-US">Equity Securities Risk.</link:label>
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      <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_ConcentrationRiskMember" xlink:to="defiance_ConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_ConcentrationRiskMember_doc" xml:lang="en-US">Concentration Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SILJRisksMember_doc" xml:lang="en-US">SILJ Risks.</link:label>
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      <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>
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      <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_InvestableUniverseofCompaniesRiskMember" xlink:to="defiance_InvestableUniverseofCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_InvestableUniverseofCompaniesRiskMember_doc" xml:lang="en-US">Investable Universe of Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_InternationalClosedMarketTradingRiskMember" xlink:to="defiance_InternationalClosedMarketTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_InternationalClosedMarketTradingRiskMember_doc" xml:lang="en-US">International Closed Market Trading 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>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndexRelatedRiskMember_doc" xml:lang="en-US">Index-Related Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_IndexingStrategyRiskMember_doc" xml:lang="en-US">Indexing Strategy Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RiskofInvestinginMexicoMember_doc" xml:lang="en-US">Risk of Investing in Mexico.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RiskofInvestinginEmergingMarketsMember" xlink:to="defiance_RiskofInvestinginEmergingMarketsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RiskofInvestinginEmergingMarketsMember_doc" xml:lang="en-US">Risk of Investing in Emerging Markets.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RiskofInvestinginDevelopedMarketsMember_doc" xml:lang="en-US">Risk of Investing in Developed Markets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RiskofInvestinginCanadaMember" xlink:to="defiance_RiskofInvestinginCanadaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RiskofInvestinginCanadaMember_doc" xml:lang="en-US">Risk of Investing in Canada.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RiskofInvestinginBrazilMember" xlink:to="defiance_RiskofInvestinginBrazilMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RiskofInvestinginBrazilMember_doc" xml:lang="en-US">Risk of Investing in Brazil.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_RisksRelatedtoInvestingintheMetalsandMiningIndustryMember" xlink:to="defiance_RisksRelatedtoInvestingintheMetalsandMiningIndustryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RisksRelatedtoInvestingintheMetalsandMiningIndustryMember_doc" xml:lang="en-US">Risks Related to Investing in the Metals and Mining Industry.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_RisksRelatedtoInvestingintheMaterialsSectorMember_doc" xml:lang="en-US">Risks Related to Investing in the Materials Sector.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_FocusRiskMember" xlink:to="defiance_FocusRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_FocusRiskMember_doc" xml:lang="en-US">Focus Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SmallCapitalizationCompaniesRiskMember" xlink:to="defiance_SmallCapitalizationCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SmallCapitalizationCompaniesRiskMember_doc" xml:lang="en-US">Small-Capitalization Companies Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MidCapitalizationCompaniesRiskMember_doc" xml:lang="en-US">Mid-Capitalization Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_LargeCapitalizationCompaniesRiskMember" xlink:to="defiance_LargeCapitalizationCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_LargeCapitalizationCompaniesRiskMember_doc" xml:lang="en-US">Large-Capitalization Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_MarketCapitalizationRisksMember" xlink:to="defiance_MarketCapitalizationRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_MarketCapitalizationRisksMember_doc" xml:lang="en-US">Market Capitalization Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_SilverRiskMember" xlink:to="defiance_SilverRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SilverRiskMember_doc" xml:lang="en-US">Silver Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="defiance_ExposuretoRelatedMarketsRiskMember" xlink:to="defiance_ExposuretoRelatedMarketsRiskMember_doc" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_CommodityRiskMember_doc" xml:lang="en-US">Commodity Risk.</link:label>
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      <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_SilRisksMember" xlink:to="defiance_SilRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_SilRisksMember_doc" xml:lang="en-US">SIL Risks.</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" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TradingHaltRisk1Member_doc" xml:lang="en-US">Trading Halt Risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="defiance_TrackingErrorRisk1Member_doc" xml:lang="en-US">Tracking Error Risk.</link:label>
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