<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.5a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_S000104544Member" xlink:label="pbb_S000104544Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104544Member" xlink:to="pbb_S000104544Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_S000104544Member_lbl" xml:lang="en-US">Portfolio Building Block World Ex US Industrials ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_EquityMarketRiskMember" xlink:label="pbb_EquityMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_EquityMarketRiskMember" xlink:to="pbb_EquityMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_EquityMarketRiskMember_lbl" xml:lang="en-US">Equity Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_ForeignSecuritiesRiskMember" xlink:label="pbb_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_ForeignSecuritiesRiskMember" xlink:to="pbb_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_DevelopedMarketsRiskMember" xlink:label="pbb_DevelopedMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_DevelopedMarketsRiskMember" xlink:to="pbb_DevelopedMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_DevelopedMarketsRiskMember_lbl" xml:lang="en-US">Developed Markets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_CurrencyRiskMember" xlink:label="pbb_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_CurrencyRiskMember" xlink:to="pbb_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_DepositaryReceiptRiskMember" xlink:label="pbb_DepositaryReceiptRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_DepositaryReceiptRiskMember" xlink:to="pbb_DepositaryReceiptRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_DepositaryReceiptRiskMember_lbl" xml:lang="en-US">Depositary Receipt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_IndexStrategyRiskMember" xlink:label="pbb_IndexStrategyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_IndexStrategyRiskMember" xlink:to="pbb_IndexStrategyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_IndexStrategyRiskMember_lbl" xml:lang="en-US">Index Strategy Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_DataRiskMember" xlink:label="pbb_DataRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_DataRiskMember" xlink:to="pbb_DataRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_DataRiskMember_lbl" xml:lang="en-US">Data Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_PassiveInvestmentRiskMember" xlink:label="pbb_PassiveInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_PassiveInvestmentRiskMember" xlink:to="pbb_PassiveInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_PassiveInvestmentRiskMember_lbl" xml:lang="en-US">Passive Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_TrackingErrorRiskMember" xlink:label="pbb_TrackingErrorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_TrackingErrorRiskMember" xlink:to="pbb_TrackingErrorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_TrackingErrorRiskMember_lbl" xml:lang="en-US">Tracking Error Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_ConcentrationRiskMember" xlink:label="pbb_ConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_ConcentrationRiskMember" xlink:to="pbb_ConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_ConcentrationRiskMember_lbl" xml:lang="en-US">Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_IndustrialsSectorRiskMember" xlink:label="pbb_IndustrialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_IndustrialsSectorRiskMember" xlink:to="pbb_IndustrialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_IndustrialsSectorRiskMember_lbl" xml:lang="en-US">Industrials&#160;Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_EconomicAndMarketRiskMember" xlink:label="pbb_EconomicAndMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_EconomicAndMarketRiskMember" xlink:to="pbb_EconomicAndMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_EconomicAndMarketRiskMember_lbl" xml:lang="en-US">Economic and Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_EtfRisksMember" xlink:label="pbb_EtfRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_EtfRisksMember" xlink:to="pbb_EtfRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_EtfRisksMember_lbl" xml:lang="en-US">ETF Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:label="pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_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="pbb-20260519.xsd#pbb_CostsOfBuyingOrSellingSharesMember" xlink:label="pbb_CostsOfBuyingOrSellingSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_CostsOfBuyingOrSellingSharesMember" xlink:to="pbb_CostsOfBuyingOrSellingSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_CostsOfBuyingOrSellingSharesMember_lbl" xml:lang="en-US">Costs of Buying or Selling Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_SharesMayTradeAtPricesOtherThanNavMember" xlink:label="pbb_SharesMayTradeAtPricesOtherThanNavMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="pbb_SharesMayTradeAtPricesOtherThanNavMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_SharesMayTradeAtPricesOtherThanNavMember_lbl" xml:lang="en-US">Shares May Trade at Prices Other Than NAV [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_TradingMember" xlink:label="pbb_TradingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_TradingMember" xlink:to="pbb_TradingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_TradingMember_lbl" xml:lang="en-US">Trading [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_MarketCapitalizationRiskMember" xlink:label="pbb_MarketCapitalizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_MarketCapitalizationRiskMember" xlink:to="pbb_MarketCapitalizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_MarketCapitalizationRiskMember_lbl" xml:lang="en-US">Market Capitalization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_LargecapitalizationInvestingMember" xlink:label="pbb_LargecapitalizationInvestingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_LargecapitalizationInvestingMember" xlink:to="pbb_LargecapitalizationInvestingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_LargecapitalizationInvestingMember_lbl" xml:lang="en-US">Large-Capitalization Investing [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_NewFundRiskMember" xlink:label="pbb_NewFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_NewFundRiskMember" xlink:to="pbb_NewFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_NewFundRiskMember_lbl" xml:lang="en-US">New Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_OperationalRiskMember" xlink:label="pbb_OperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_OperationalRiskMember" xlink:to="pbb_OperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_OperationalRiskMember_lbl" xml:lang="en-US">Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_UnderlyingIndexRiskMember" xlink:label="pbb_UnderlyingIndexRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_UnderlyingIndexRiskMember" xlink:to="pbb_UnderlyingIndexRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_UnderlyingIndexRiskMember_lbl" xml:lang="en-US">Underlying Index Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_S000104542Member" xlink:label="pbb_S000104542Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104542Member" xlink:to="pbb_S000104542Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_S000104542Member_lbl" xml:lang="en-US">Portfolio Building Block US Banks ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_BankingCompaniesRiskMember" xlink:label="pbb_BankingCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_BankingCompaniesRiskMember" xlink:to="pbb_BankingCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_BankingCompaniesRiskMember_lbl" xml:lang="en-US">Banking Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_FinancialInstitutionsRiskMember" xlink:label="pbb_FinancialInstitutionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_FinancialInstitutionsRiskMember" xlink:to="pbb_FinancialInstitutionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_FinancialInstitutionsRiskMember_lbl" xml:lang="en-US">Financial Institutions Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_S000104543Member" xlink:label="pbb_S000104543Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104543Member" xlink:to="pbb_S000104543Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_S000104543Member_lbl" xml:lang="en-US">Portfolio Building Block World Consumer Staples ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_ConsumerStaplesSectorRiskMember" xlink:label="pbb_ConsumerStaplesSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_ConsumerStaplesSectorRiskMember" xlink:to="pbb_ConsumerStaplesSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_ConsumerStaplesSectorRiskMember_lbl" xml:lang="en-US">Consumer&#160;Staples&#160;Sector&#160;Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_C000275164Member" xlink:label="pbb_C000275164Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275164Member" xlink:to="pbb_C000275164Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_C000275164Member_lbl" xml:lang="en-US">Portfolio Building Block World Ex US Industrials ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_C000275162Member" xlink:label="pbb_C000275162Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275162Member" xlink:to="pbb_C000275162Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_C000275162Member_lbl" xml:lang="en-US">Portfolio Building Block US Banks ETF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="pbb-20260519.xsd#pbb_C000275163Member" xlink:label="pbb_C000275163Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275163Member" xlink:to="pbb_C000275163Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="pbb_C000275163Member_lbl" xml:lang="en-US">Portfolio Building Block World Consumer Staples ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104544Member" xlink:to="pbb_S000104544Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_S000104544Member_doc" xml:lang="en-US">Portfolio Building Block World Ex US Industrials ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275164Member" xlink:to="pbb_C000275164Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_C000275164Member_doc" xml:lang="en-US">Portfolio Building Block World Ex US Industrials ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104542Member" xlink:to="pbb_S000104542Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_S000104542Member_doc" xml:lang="en-US">Portfolio Building Block US Banks ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275162Member" xlink:to="pbb_C000275162Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_C000275162Member_doc" xml:lang="en-US">Portfolio Building Block US Banks ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_S000104543Member" xlink:to="pbb_S000104543Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_S000104543Member_doc" xml:lang="en-US">Portfolio Building Block World Consumer Staples ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_C000275163Member" xlink:to="pbb_C000275163Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_C000275163Member_doc" xml:lang="en-US">Portfolio Building Block World Consumer Staples ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_UnderlyingIndexRiskMember" xlink:to="pbb_UnderlyingIndexRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_UnderlyingIndexRiskMember_doc" xml:lang="en-US">Underlying Index Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_OperationalRiskMember" xlink:to="pbb_OperationalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_OperationalRiskMember_doc" xml:lang="en-US">Operational Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_NewFundRiskMember" xlink:to="pbb_NewFundRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_LargecapitalizationInvestingMember" xlink:to="pbb_LargecapitalizationInvestingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_LargecapitalizationInvestingMember_doc" xml:lang="en-US">Large-Capitalization Investing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_MarketCapitalizationRiskMember" xlink:to="pbb_MarketCapitalizationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_MarketCapitalizationRiskMember_doc" xml:lang="en-US">Market Capitalization Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_DepositaryReceiptRiskMember" xlink:to="pbb_DepositaryReceiptRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_DepositaryReceiptRiskMember_doc" xml:lang="en-US">Depositary Receipt Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_CurrencyRiskMember" xlink:to="pbb_CurrencyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_CurrencyRiskMember_doc" xml:lang="en-US">Currency Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_DevelopedMarketsRiskMember" xlink:to="pbb_DevelopedMarketsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_DevelopedMarketsRiskMember_doc" xml:lang="en-US">Developed Markets Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_ForeignSecuritiesRiskMember" xlink:to="pbb_ForeignSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_TradingMember" xlink:to="pbb_TradingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_TradingMember_doc" xml:lang="en-US">Trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="pbb_SharesMayTradeAtPricesOtherThanNavMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_CostsOfBuyingOrSellingSharesMember" xlink:to="pbb_CostsOfBuyingOrSellingSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="pbb_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_EtfRisksMember" xlink:to="pbb_EtfRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_EtfRisksMember_doc" xml:lang="en-US">ETF Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_EconomicAndMarketRiskMember" xlink:to="pbb_EconomicAndMarketRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_ConsumerStaplesSectorRiskMember" xlink:to="pbb_ConsumerStaplesSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_ConsumerStaplesSectorRiskMember_doc" xml:lang="en-US">Consumer&#160;Staples&#160;Sector&#160;Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_ConcentrationRiskMember" xlink:to="pbb_ConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_ConcentrationRiskMember_doc" xml:lang="en-US">Concentration Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_TrackingErrorRiskMember" xlink:to="pbb_TrackingErrorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_PassiveInvestmentRiskMember" xlink:to="pbb_PassiveInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_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="pbb_DataRiskMember" xlink:to="pbb_DataRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_DataRiskMember_doc" xml:lang="en-US">Data Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_IndexStrategyRiskMember" xlink:to="pbb_IndexStrategyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_IndexStrategyRiskMember_doc" xml:lang="en-US">Index Strategy Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_EquityMarketRiskMember" xlink:to="pbb_EquityMarketRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_EquityMarketRiskMember_doc" xml:lang="en-US">Equity Market Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_FinancialInstitutionsRiskMember" xlink:to="pbb_FinancialInstitutionsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_FinancialInstitutionsRiskMember_doc" xml:lang="en-US">Financial Institutions Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_BankingCompaniesRiskMember" xlink:to="pbb_BankingCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_BankingCompaniesRiskMember_doc" xml:lang="en-US">Banking Companies Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="pbb_IndustrialsSectorRiskMember" xlink:to="pbb_IndustrialsSectorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="pbb_IndustrialsSectorRiskMember_doc" xml:lang="en-US">Industrials&#160;Sector Risk.</link:label>
    </link:labelLink>
</link:linkbase>
