<?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="vavl-20260519.xsd#vavl_S000104917Member" xlink:label="vavl_S000104917Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_S000104917Member" xlink:to="vavl_S000104917Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_S000104917Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long VAVX ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_VavxRisksMember" xlink:label="vavl_VavxRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_VavxRisksMember" xlink:to="vavl_VavxRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_VavxRisksMember_lbl" xml:lang="en-US">VAVX Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_AvaxInvestingRiskMember" xlink:label="vavl_AvaxInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AvaxInvestingRiskMember" xlink:to="vavl_AvaxInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_AvaxInvestingRiskMember_lbl" xml:lang="en-US">AVAX Investing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_AvalancheLinkedETPRiskMember" xlink:label="vavl_AvalancheLinkedETPRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AvalancheLinkedETPRiskMember" xlink:to="vavl_AvalancheLinkedETPRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_AvalancheLinkedETPRiskMember_lbl" xml:lang="en-US">Avalanche-Linked ETP Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_VavxMarketAndListingRiskMember" xlink:label="vavl_VavxMarketAndListingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_VavxMarketAndListingRiskMember" xlink:to="vavl_VavxMarketAndListingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_VavxMarketAndListingRiskMember_lbl" xml:lang="en-US">VAVX Market and Listing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_DigitalAssetsRiskMember" xlink:label="vavl_DigitalAssetsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_DigitalAssetsRiskMember" xlink:to="vavl_DigitalAssetsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_DigitalAssetsRiskMember_lbl" xml:lang="en-US">Digital Assets Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_SingleIssuerRiskMember" xlink:label="vavl_SingleIssuerRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_SingleIssuerRiskMember" xlink:to="vavl_SingleIssuerRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_SingleIssuerRiskMember_lbl" xml:lang="en-US">Single Issuer Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CompoundingAndMarketVolatilityRiskMember" xlink:label="vavl_CompoundingAndMarketVolatilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CompoundingAndMarketVolatilityRiskMember" xlink:to="vavl_CompoundingAndMarketVolatilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CompoundingAndMarketVolatilityRiskMember_lbl" xml:lang="en-US">Compounding and Market Volatility Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_DailyCorrelationTrackingRiskMember" xlink:label="vavl_DailyCorrelationTrackingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_DailyCorrelationTrackingRiskMember" xlink:to="vavl_DailyCorrelationTrackingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_DailyCorrelationTrackingRiskMember_lbl" xml:lang="en-US">Daily Correlation/Tracking Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_AggressiveInvestmentTechniqueRiskMember" xlink:label="vavl_AggressiveInvestmentTechniqueRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AggressiveInvestmentTechniqueRiskMember" xlink:to="vavl_AggressiveInvestmentTechniqueRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_AggressiveInvestmentTechniqueRiskMember_lbl" xml:lang="en-US">Aggressive Investment Technique Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_LeverageRiskMember" xlink:label="vavl_LeverageRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_LeverageRiskMember" xlink:to="vavl_LeverageRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_LeverageRiskMember_lbl" xml:lang="en-US">Leverage Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_DerivativesRiskMember" xlink:label="vavl_DerivativesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_DerivativesRiskMember" xlink:to="vavl_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_SwapAgreementsMember" xlink:label="vavl_SwapAgreementsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_SwapAgreementsMember" xlink:to="vavl_SwapAgreementsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_SwapAgreementsMember_lbl" xml:lang="en-US">Swap Agreements [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_OptionsContractsMember" xlink:label="vavl_OptionsContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_OptionsContractsMember" xlink:to="vavl_OptionsContractsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_OptionsContractsMember_lbl" xml:lang="en-US">Options Contracts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CounterpartyRiskMember" xlink:label="vavl_CounterpartyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CounterpartyRiskMember" xlink:to="vavl_CounterpartyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_ConcentrationRiskMember" xlink:label="vavl_ConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_ConcentrationRiskMember" xlink:to="vavl_ConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_ConcentrationRiskMember_lbl" xml:lang="en-US">Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_IntradayInvestmentRiskMember" xlink:label="vavl_IntradayInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_IntradayInvestmentRiskMember" xlink:to="vavl_IntradayInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_IntradayInvestmentRiskMember_lbl" xml:lang="en-US">Intra-Day Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CaymanSubsidiaryRiskMember" xlink:label="vavl_CaymanSubsidiaryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CaymanSubsidiaryRiskMember" xlink:to="vavl_CaymanSubsidiaryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CaymanSubsidiaryRiskMember_lbl" xml:lang="en-US">Cayman Subsidiary Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CommoditylinkedDerivativesTaxRiskMember" xlink:label="vavl_CommoditylinkedDerivativesTaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CommoditylinkedDerivativesTaxRiskMember" xlink:to="vavl_CommoditylinkedDerivativesTaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CommoditylinkedDerivativesTaxRiskMember_lbl" xml:lang="en-US">Commodity-Linked Derivatives Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CommodityPoolRegulatoryRiskMember" xlink:label="vavl_CommodityPoolRegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CommodityPoolRegulatoryRiskMember" xlink:to="vavl_CommodityPoolRegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CommodityPoolRegulatoryRiskMember_lbl" xml:lang="en-US">Commodity Pool Regulatory Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_FixedIncomeSecuritiesRiskMember" xlink:label="vavl_FixedIncomeSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_FixedIncomeSecuritiesRiskMember" xlink:to="vavl_FixedIncomeSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_FixedIncomeSecuritiesRiskMember_lbl" xml:lang="en-US">Fixed Income Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_RebalancingRiskMember" xlink:label="vavl_RebalancingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_RebalancingRiskMember" xlink:to="vavl_RebalancingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_RebalancingRiskMember_lbl" xml:lang="en-US">Rebalancing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_EtfRisksMember" xlink:label="vavl_EtfRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_EtfRisksMember" xlink:to="vavl_EtfRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_EtfRisksMember_lbl" xml:lang="en-US">ETF Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:label="vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_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="vavl-20260519.xsd#vavl_CashRedemptionRiskMember" xlink:label="vavl_CashRedemptionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CashRedemptionRiskMember" xlink:to="vavl_CashRedemptionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CashRedemptionRiskMember_lbl" xml:lang="en-US">Cash Redemption Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_CostsOfBuyingOrSellingSharesMember" xlink:label="vavl_CostsOfBuyingOrSellingSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CostsOfBuyingOrSellingSharesMember" xlink:to="vavl_CostsOfBuyingOrSellingSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_CostsOfBuyingOrSellingSharesMember_lbl" xml:lang="en-US">Costs of Buying or Selling Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_SharesMayTradeAtPricesOtherThanNavMember" xlink:label="vavl_SharesMayTradeAtPricesOtherThanNavMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="vavl_SharesMayTradeAtPricesOtherThanNavMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_SharesMayTradeAtPricesOtherThanNavMember_lbl" xml:lang="en-US">Shares May Trade at Prices Other Than NAV [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_TradingMember" xlink:label="vavl_TradingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TradingMember" xlink:to="vavl_TradingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_TradingMember_lbl" xml:lang="en-US">Trading [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_LiquidityRiskMember" xlink:label="vavl_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_LiquidityRiskMember" xlink:to="vavl_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_EconomicAndMarketRiskMember" xlink:label="vavl_EconomicAndMarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_EconomicAndMarketRiskMember" xlink:to="vavl_EconomicAndMarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_EconomicAndMarketRiskMember_lbl" xml:lang="en-US">Economic and Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_HighPortfolioTurnoverRiskMember" xlink:label="vavl_HighPortfolioTurnoverRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_HighPortfolioTurnoverRiskMember" xlink:to="vavl_HighPortfolioTurnoverRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_HighPortfolioTurnoverRiskMember_lbl" xml:lang="en-US">High Portfolio Turnover Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_TrackingErrorRiskMember" xlink:label="vavl_TrackingErrorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TrackingErrorRiskMember" xlink:to="vavl_TrackingErrorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_TrackingErrorRiskMember_lbl" xml:lang="en-US">Tracking Error Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_LiquiditysRiskMember" xlink:label="vavl_LiquiditysRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_LiquiditysRiskMember" xlink:to="vavl_LiquiditysRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_LiquiditysRiskMember_lbl" xml:lang="en-US">Liquidity Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_MoneyMarketInstrumentRiskMember" xlink:label="vavl_MoneyMarketInstrumentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_MoneyMarketInstrumentRiskMember" xlink:to="vavl_MoneyMarketInstrumentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_MoneyMarketInstrumentRiskMember_lbl" xml:lang="en-US">Money Market Instrument Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_NewFundRiskMember" xlink:label="vavl_NewFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_NewFundRiskMember" xlink:to="vavl_NewFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_NewFundRiskMember_lbl" xml:lang="en-US">New Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_TradingHaltRiskMember" xlink:label="vavl_TradingHaltRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TradingHaltRiskMember" xlink:to="vavl_TradingHaltRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_TradingHaltRiskMember_lbl" xml:lang="en-US">Trading Halt Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_OperationalRiskMember" xlink:label="vavl_OperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_OperationalRiskMember" xlink:to="vavl_OperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_OperationalRiskMember_lbl" xml:lang="en-US">Operational Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_USGovernmentandUSAgencyObligationsRiskMember" xlink:label="vavl_USGovernmentandUSAgencyObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_USGovernmentandUSAgencyObligationsRiskMember" xlink:to="vavl_USGovernmentandUSAgencyObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_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="vavl-20260519.xsd#vavl_ReverseRepurchaseAgreementsRiskMember" xlink:label="vavl_ReverseRepurchaseAgreementsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_ReverseRepurchaseAgreementsRiskMember" xlink:to="vavl_ReverseRepurchaseAgreementsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_ReverseRepurchaseAgreementsRiskMember_lbl" xml:lang="en-US">Reverse Repurchase Agreements Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_TaxRiskMember" xlink:label="vavl_TaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TaxRiskMember" xlink:to="vavl_TaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_TaxRiskMember_lbl" xml:lang="en-US">Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vavl-20260519.xsd#vavl_C000275568Member" xlink:label="vavl_C000275568Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_C000275568Member" xlink:to="vavl_C000275568Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vavl_C000275568Member_lbl" xml:lang="en-US">Defiance Daily Target 2X Long VAVX ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_S000104917Member" xlink:to="vavl_S000104917Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_S000104917Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long VAVX ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_C000275568Member" xlink:to="vavl_C000275568Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_C000275568Member_doc" xml:lang="en-US">Defiance Daily Target 2X Long VAVX ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TaxRiskMember" xlink:to="vavl_TaxRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_TaxRiskMember_doc" xml:lang="en-US">Tax Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_ReverseRepurchaseAgreementsRiskMember" xlink:to="vavl_ReverseRepurchaseAgreementsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_ReverseRepurchaseAgreementsRiskMember_doc" xml:lang="en-US">Reverse Repurchase Agreements Risk.&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_USGovernmentandUSAgencyObligationsRiskMember" xlink:to="vavl_USGovernmentandUSAgencyObligationsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_OperationalRiskMember" xlink:to="vavl_OperationalRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_OperationalRiskMember_doc" xml:lang="en-US">Operational Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TradingHaltRiskMember" xlink:to="vavl_TradingHaltRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_NewFundRiskMember" xlink:to="vavl_NewFundRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_MoneyMarketInstrumentRiskMember" xlink:to="vavl_MoneyMarketInstrumentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_LiquidityRiskMember" xlink:to="vavl_LiquidityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_LiquidityRiskMember_doc" xml:lang="en-US">Liquidity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_TrackingErrorRiskMember" xlink:to="vavl_TrackingErrorRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_HighPortfolioTurnoverRiskMember" xlink:to="vavl_HighPortfolioTurnoverRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_EconomicAndMarketRiskMember" xlink:to="vavl_EconomicAndMarketRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_TradingMember" xlink:to="vavl_TradingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_TradingMember_doc" xml:lang="en-US">Trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_SharesMayTradeAtPricesOtherThanNavMember" xlink:to="vavl_SharesMayTradeAtPricesOtherThanNavMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_CostsOfBuyingOrSellingSharesMember" xlink:to="vavl_CostsOfBuyingOrSellingSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_CashRedemptionRiskMember" xlink:to="vavl_CashRedemptionRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember" xlink:to="vavl_AuthorizedParticipantsMarketMakersAndLiquidityProvidersConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_EtfRisksMember" xlink:to="vavl_EtfRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_EtfRisksMember_doc" xml:lang="en-US">ETF Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_RebalancingRiskMember" xlink:to="vavl_RebalancingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_RebalancingRiskMember_doc" xml:lang="en-US">Rebalancing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_FixedIncomeSecuritiesRiskMember" xlink:to="vavl_FixedIncomeSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_CommodityPoolRegulatoryRiskMember" xlink:to="vavl_CommodityPoolRegulatoryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_CommodityPoolRegulatoryRiskMember_doc" xml:lang="en-US">Commodity Pool Regulatory Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CommoditylinkedDerivativesTaxRiskMember" xlink:to="vavl_CommoditylinkedDerivativesTaxRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_CommoditylinkedDerivativesTaxRiskMember_doc" xml:lang="en-US">Commodity-Linked Derivatives Tax Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CaymanSubsidiaryRiskMember" xlink:to="vavl_CaymanSubsidiaryRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_CaymanSubsidiaryRiskMember_doc" xml:lang="en-US">Cayman Subsidiary Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_IntradayInvestmentRiskMember" xlink:to="vavl_IntradayInvestmentRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_ConcentrationRiskMember" xlink:to="vavl_ConcentrationRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_ConcentrationRiskMember_doc" xml:lang="en-US">Concentration Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CounterpartyRiskMember" xlink:to="vavl_CounterpartyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_CounterpartyRiskMember_doc" xml:lang="en-US">Counterparty Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_OptionsContractsMember" xlink:to="vavl_OptionsContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_OptionsContractsMember_doc" xml:lang="en-US">Options Contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_SwapAgreementsMember" xlink:to="vavl_SwapAgreementsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_SwapAgreementsMember_doc" xml:lang="en-US">Swap Agreements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_DerivativesRiskMember" xlink:to="vavl_DerivativesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_DerivativesRiskMember_doc" xml:lang="en-US">Derivatives Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_LeverageRiskMember" xlink:to="vavl_LeverageRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_LeverageRiskMember_doc" xml:lang="en-US">Leverage Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AggressiveInvestmentTechniqueRiskMember" xlink:to="vavl_AggressiveInvestmentTechniqueRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_AggressiveInvestmentTechniqueRiskMember_doc" xml:lang="en-US">Aggressive Investment Technique Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_CompoundingAndMarketVolatilityRiskMember" xlink:to="vavl_CompoundingAndMarketVolatilityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_SingleIssuerRiskMember" xlink:to="vavl_SingleIssuerRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_DigitalAssetsRiskMember" xlink:to="vavl_DigitalAssetsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_DigitalAssetsRiskMember_doc" xml:lang="en-US">Digital Assets Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_VavxMarketAndListingRiskMember" xlink:to="vavl_VavxMarketAndListingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_VavxMarketAndListingRiskMember_doc" xml:lang="en-US">VAVX Market and Listing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AvaxInvestingRiskMember" xlink:to="vavl_AvaxInvestingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_AvaxInvestingRiskMember_doc" xml:lang="en-US">AVAX Investing Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_VavxRisksMember" xlink:to="vavl_VavxRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_VavxRisksMember_doc" xml:lang="en-US">VAVX Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_AvalancheLinkedETPRiskMember" xlink:to="vavl_AvalancheLinkedETPRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_AvalancheLinkedETPRiskMember_doc" xml:lang="en-US">Avalanche-Linked ETP Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vavl_DailyCorrelationTrackingRiskMember" xlink:to="vavl_DailyCorrelationTrackingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_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="vavl_LiquiditysRiskMember" xlink:to="vavl_LiquiditysRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vavl_LiquiditysRiskMember_doc" xml:lang="en-US">Liquidity Risks.</link:label>
    </link:labelLink>
</link:linkbase>
