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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_LiquidityMember" xlink:to="vpff_LiquidityMember_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_SpecialRedemptionRightsMember_lbl" xml:lang="en-US">Special Redemption Rights [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_HybridSecuritiesRiskMember_lbl" xml:lang="en-US">Hybrid Securities&#160;Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_ConvertibleSecuritiesRiskMember_lbl" xml:lang="en-US">Convertible Securities Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_ExtensionRiskMember_lbl" xml:lang="en-US">Extension Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_SignificantPositionRiskMember_lbl" xml:lang="en-US">Significant Position Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_MicroSmallAndMidcapitalizationCompaniesRiskMember_lbl" xml:lang="en-US">Micro, Small- and Mid-Capitalization Companies Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_LargecapitalizationStockRiskMember" xlink:to="vpff_LargecapitalizationStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_LargecapitalizationStockRiskMember_lbl" xml:lang="en-US">Large-Capitalization Stock Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_ForeignInvestmentsRiskMember" xlink:label="vpff_ForeignInvestmentsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_ForeignInvestmentsRiskMember" xlink:to="vpff_ForeignInvestmentsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_ForeignInvestmentsRiskMember_lbl" xml:lang="en-US">Foreign Investments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_SectorFocusRiskMember" xlink:label="vpff_SectorFocusRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_SectorFocusRiskMember_lbl" xml:lang="en-US">Sector Focus Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_OperationalAndTechnologyRisksMember" xlink:label="vpff_OperationalAndTechnologyRisksMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_OperationalAndTechnologyRisksMember_lbl" xml:lang="en-US">Operational and Technology Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_SmallFundRiskMember" xlink:label="vpff_SmallFundRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_SmallFundRiskMember_lbl" xml:lang="en-US">Small Fund Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_ActiveManagementRiskMember" xlink:to="vpff_ActiveManagementRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_ActiveManagementRiskMember_lbl" xml:lang="en-US">Active Management Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_EtfRisksMember" xlink:label="vpff_EtfRisksMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_EtfRisksMember_lbl" xml:lang="en-US">ETF Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_AuthorizedParticipantRiskMember" xlink:label="vpff_AuthorizedParticipantRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_AuthorizedParticipantRiskMember" xlink:to="vpff_AuthorizedParticipantRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_AuthorizedParticipantRiskMember_lbl" xml:lang="en-US">Authorized Participant Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_CostsOfBuyingOrSellingSharesMember" xlink:label="vpff_CostsOfBuyingOrSellingSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_CostsOfBuyingOrSellingSharesMember" xlink:to="vpff_CostsOfBuyingOrSellingSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_CostsOfBuyingOrSellingSharesMember_lbl" xml:lang="en-US">Costs of Buying or Selling Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember" xlink:label="vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember_lbl" xml:lang="en-US">Fluctuation of NAV; Unit Premiums and Discounts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_NoAssuranceOfActiveTradingMarketRiskMember" xlink:label="vpff_NoAssuranceOfActiveTradingMarketRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_NoAssuranceOfActiveTradingMarketRiskMember_lbl" xml:lang="en-US">No Assurance of Active Trading Market Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_FundSharesLiquidityRiskMember_lbl" xml:lang="en-US">Fund Shares Liquidity Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_NationalClosedMarketTradingRiskMember" xlink:to="vpff_NationalClosedMarketTradingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_NationalClosedMarketTradingRiskMember_lbl" xml:lang="en-US">National Closed Market Trading Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="vpff-20260709.xsd#vpff_C000276838Member" xlink:label="vpff_C000276838Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="vpff_C000276838Member_lbl" xml:lang="en-US">Virtus InfraCap Preferred and Income Securities ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_S000106015Member" xlink:to="vpff_S000106015Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_S000106015Member_doc" xml:lang="en-US">Virtus InfraCap Preferred and Income Securities ETF.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_C000276838Member" xlink:to="vpff_C000276838Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_C000276838Member_doc" xml:lang="en-US">Virtus InfraCap Preferred and Income Securities ETF [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_NationalClosedMarketTradingRiskMember" xlink:to="vpff_NationalClosedMarketTradingRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_NationalClosedMarketTradingRiskMember_doc" xml:lang="en-US">National Closed Market Trading Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_FundSharesLiquidityRiskMember" xlink:to="vpff_FundSharesLiquidityRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_FundSharesLiquidityRiskMember_doc" xml:lang="en-US">Fund Shares Liquidity Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_NoAssuranceOfActiveTradingMarketRiskMember" xlink:to="vpff_NoAssuranceOfActiveTradingMarketRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_NoAssuranceOfActiveTradingMarketRiskMember_doc" xml:lang="en-US">No Assurance of Active Trading Market Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember" xlink:to="vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_FluctuationOfNavUnitPremiumsAndDiscountsMember_doc" xml:lang="en-US">Fluctuation of NAV; Unit Premiums and Discounts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_CostsOfBuyingOrSellingSharesMember" xlink:to="vpff_CostsOfBuyingOrSellingSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_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="vpff_AuthorizedParticipantRiskMember" xlink:to="vpff_AuthorizedParticipantRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_AuthorizedParticipantRiskMember_doc" xml:lang="en-US">Authorized Participant Risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_EtfRisksMember" xlink:to="vpff_EtfRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_EtfRisksMember_doc" xml:lang="en-US">ETF Risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="vpff_ActiveManagementRiskMember" xlink:to="vpff_ActiveManagementRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="vpff_ActiveManagementRiskMember_doc" xml:lang="en-US">Active Management Risk.</link:label>
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