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    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000082262Member" xlink:to="netft_S000082262Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000082262Member_lbl" xml:lang="en-US">Nomura Global Listed Infrastructure ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MarketRiskMember" xlink:label="netft_MarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MarketRiskMember" xlink:to="netft_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MarketRiskMember_lbl" xml:lang="en-US">Market risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_LargeCapitalizationCompanyRiskMember" xlink:label="netft_LargeCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_LargeCapitalizationCompanyRiskMember" xlink:to="netft_LargeCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_LargeCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Large-capitalization company risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ActiveManagementandSelectionRiskMember" xlink:label="netft_ActiveManagementandSelectionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ActiveManagementandSelectionRiskMember" xlink:to="netft_ActiveManagementandSelectionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ActiveManagementandSelectionRiskMember_lbl" xml:lang="en-US">Active management and selection risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_CompanySizeRiskMember" xlink:label="netft_CompanySizeRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_CompanySizeRiskMember" xlink:to="netft_CompanySizeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_CompanySizeRiskMember_lbl" xml:lang="en-US">Company size risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_InfrastructureIndustryRiskMember" xlink:label="netft_InfrastructureIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_InfrastructureIndustryRiskMember" xlink:to="netft_InfrastructureIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_InfrastructureIndustryRiskMember_lbl" xml:lang="en-US">Infrastructure industry risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ForeignAndEmergingMarketsRiskMember" xlink:label="netft_ForeignAndEmergingMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ForeignAndEmergingMarketsRiskMember" xlink:to="netft_ForeignAndEmergingMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ForeignAndEmergingMarketsRiskMember_lbl" xml:lang="en-US">Foreign and emerging markets risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_LiquidityRiskMember" xlink:label="netft_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_LiquidityRiskMember" xlink:to="netft_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_IndustryAndSectorRiskMember" xlink:label="netft_IndustryAndSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_IndustryAndSectorRiskMember" xlink:to="netft_IndustryAndSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_IndustryAndSectorRiskMember_lbl" xml:lang="en-US">Industry and sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_GovernmentAndRegulatoryRiskMember" xlink:label="netft_GovernmentAndRegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_GovernmentAndRegulatoryRiskMember" xlink:to="netft_GovernmentAndRegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_GovernmentAndRegulatoryRiskMember_lbl" xml:lang="en-US">Government and regulatory risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ETFRiskMember" xlink:label="netft_ETFRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ETFRiskMember" xlink:to="netft_ETFRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ETFRiskMember_lbl" xml:lang="en-US">ETF risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000082263Member" xlink:label="netft_S000082263Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000082263Member" xlink:to="netft_S000082263Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000082263Member_lbl" xml:lang="en-US">Nomura Energy Transition ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_SustainabilityRiskMember" xlink:label="netft_SustainabilityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_SustainabilityRiskMember" xlink:to="netft_SustainabilityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_SustainabilityRiskMember_lbl" xml:lang="en-US">Sustainability risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_EnergySectorRiskMember" xlink:label="netft_EnergySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_EnergySectorRiskMember" xlink:to="netft_EnergySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_EnergySectorRiskMember_lbl" xml:lang="en-US">Energy sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MaterialsSectorRiskMember" xlink:label="netft_MaterialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MaterialsSectorRiskMember" xlink:to="netft_MaterialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MaterialsSectorRiskMember_lbl" xml:lang="en-US">Materials sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_IndustrialSectorRiskMember" xlink:label="netft_IndustrialSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_IndustrialSectorRiskMember" xlink:to="netft_IndustrialSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_IndustrialSectorRiskMember_lbl" xml:lang="en-US">Industrial sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_RenewableEnergySectorRiskMember" xlink:label="netft_RenewableEnergySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_RenewableEnergySectorRiskMember" xlink:to="netft_RenewableEnergySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_RenewableEnergySectorRiskMember_lbl" xml:lang="en-US">Renewable energy sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_UtilitiesSectorRiskMember" xlink:label="netft_UtilitiesSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_UtilitiesSectorRiskMember" xlink:to="netft_UtilitiesSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_UtilitiesSectorRiskMember_lbl" xml:lang="en-US">Utilities Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ThirdPartyDataProviderRiskMember" xlink:label="netft_ThirdPartyDataProviderRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ThirdPartyDataProviderRiskMember" xlink:to="netft_ThirdPartyDataProviderRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ThirdPartyDataProviderRiskMember_lbl" xml:lang="en-US">Third party data provider risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000084942Member" xlink:label="netft_S000084942Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000084942Member" xlink:to="netft_S000084942Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000084942Member_lbl" xml:lang="en-US">Nomura Focused Large Growth ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_GrowthStockRiskMember" xlink:label="netft_GrowthStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_GrowthStockRiskMember" xlink:to="netft_GrowthStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_GrowthStockRiskMember_lbl" xml:lang="en-US">Growth stock risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_LimitedNumberofSecuritiesRiskMember" xlink:label="netft_LimitedNumberofSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_LimitedNumberofSecuritiesRiskMember" xlink:to="netft_LimitedNumberofSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_LimitedNumberofSecuritiesRiskMember_lbl" xml:lang="en-US">Limited number of securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_NonDiversificationRiskMember" xlink:label="netft_NonDiversificationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_NonDiversificationRiskMember" xlink:to="netft_NonDiversificationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_NonDiversificationRiskMember_lbl" xml:lang="en-US">Non-diversification risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_InformationTechnologySectorRiskMember" xlink:label="netft_InformationTechnologySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_InformationTechnologySectorRiskMember" xlink:to="netft_InformationTechnologySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_InformationTechnologySectorRiskMember_lbl" xml:lang="en-US">Information technology sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000090014Member" xlink:label="netft_S000090014Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000090014Member" xlink:to="netft_S000090014Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000090014Member_lbl" xml:lang="en-US">Nomura Focused SMID Cap Core ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_HealthcareSectorRiskMember" xlink:label="netft_HealthcareSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_HealthcareSectorRiskMember" xlink:to="netft_HealthcareSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_HealthcareSectorRiskMember_lbl" xml:lang="en-US">Healthcare sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_FinancialsSectorRiskMember" xlink:label="netft_FinancialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_FinancialsSectorRiskMember" xlink:to="netft_FinancialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_FinancialsSectorRiskMember_lbl" xml:lang="en-US">Financials sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_IndustrialsSectorRiskMember" xlink:label="netft_IndustrialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_IndustrialsSectorRiskMember" xlink:to="netft_IndustrialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_IndustrialsSectorRiskMember_lbl" xml:lang="en-US">Industrials sector risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_NewFundRiskMember" xlink:label="netft_NewFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_NewFundRiskMember" xlink:to="netft_NewFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_NewFundRiskMember_lbl" xml:lang="en-US">New fund risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000090013Member" xlink:label="netft_S000090013Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000090013Member" xlink:to="netft_S000090013Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000090013Member_lbl" xml:lang="en-US">Nomura Focused International Core ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_CurrencyRiskMember" xlink:label="netft_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_CurrencyRiskMember" xlink:to="netft_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_GeographicFocusRiskMember" xlink:label="netft_GeographicFocusRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_GeographicFocusRiskMember" xlink:to="netft_GeographicFocusRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_GeographicFocusRiskMember_lbl" xml:lang="en-US">Geographic focus risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_DepositaryReceiptsRiskMember" xlink:label="netft_DepositaryReceiptsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_DepositaryReceiptsRiskMember" xlink:to="netft_DepositaryReceiptsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_DepositaryReceiptsRiskMember_lbl" xml:lang="en-US">Depositary receipts risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ValueStockRiskMember" xlink:label="netft_ValueStockRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ValueStockRiskMember" xlink:to="netft_ValueStockRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ValueStockRiskMember_lbl" xml:lang="en-US">Value stock risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ForeignCurrencyExchangeTransactionsAndForwardForeignCurrencyContractsRiskMember" xlink:label="netft_ForeignCurrencyExchangeTransactionsAndForwardForeignCurrencyContractsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ForeignCurrencyExchangeTransactionsAndForwardForeignCurrencyContractsRiskMember" xlink:to="netft_ForeignCurrencyExchangeTransactionsAndForwardForeignCurrencyContractsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ForeignCurrencyExchangeTransactionsAndForwardForeignCurrencyContractsRiskMember_lbl" xml:lang="en-US">Foreign currency exchange transactions and forward foreign currency contracts risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_DerivativesRiskMember" xlink:label="netft_DerivativesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_DerivativesRiskMember" xlink:to="netft_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ConsumerSectorsRiskMember" xlink:label="netft_ConsumerSectorsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ConsumerSectorsRiskMember" xlink:to="netft_ConsumerSectorsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ConsumerSectorsRiskMember_lbl" xml:lang="en-US">Consumer sectors Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000085746Member" xlink:label="netft_S000085746Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000085746Member" xlink:to="netft_S000085746Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000085746Member_lbl" xml:lang="en-US">Nomura Focused Emerging Markets Equity ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_FocusedPortfolioRiskMember" xlink:label="netft_FocusedPortfolioRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_FocusedPortfolioRiskMember" xlink:to="netft_FocusedPortfolioRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_FocusedPortfolioRiskMember_lbl" xml:lang="en-US">Focused Portfolio Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000090015Member" xlink:label="netft_S000090015Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000090015Member" xlink:to="netft_S000090015Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000090015Member_lbl" xml:lang="en-US">Nomura National High-Yield Municipal Bond ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_InterestRatesRiskMember" xlink:label="netft_InterestRatesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_InterestRatesRiskMember" xlink:to="netft_InterestRatesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_InterestRatesRiskMember_lbl" xml:lang="en-US">Interest rate risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_CreditRisksMember" xlink:label="netft_CreditRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_CreditRisksMember" xlink:to="netft_CreditRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_CreditRisksMember_lbl" xml:lang="en-US">Credit risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_HighYieldJunkBondRiskMember" xlink:label="netft_HighYieldJunkBondRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_HighYieldJunkBondRiskMember" xlink:to="netft_HighYieldJunkBondRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_HighYieldJunkBondRiskMember_lbl" xml:lang="en-US">High yield (junk bond) risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_CallRiskMember" xlink:label="netft_CallRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_CallRiskMember" xlink:to="netft_CallRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_CallRiskMember_lbl" xml:lang="en-US">Call risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_TaxAndFederalAlternativeMinimumTaxRiskMember" xlink:label="netft_TaxAndFederalAlternativeMinimumTaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_TaxAndFederalAlternativeMinimumTaxRiskMember" xlink:to="netft_TaxAndFederalAlternativeMinimumTaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_TaxAndFederalAlternativeMinimumTaxRiskMember_lbl" xml:lang="en-US">Tax and federal alternative minimum tax risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_GeographicConcentrationsRiskMember" xlink:label="netft_GeographicConcentrationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_GeographicConcentrationsRiskMember" xlink:to="netft_GeographicConcentrationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_GeographicConcentrationsRiskMember_lbl" xml:lang="en-US">Geographic concentration risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_PrivateActivityBondsRiskMember" xlink:label="netft_PrivateActivityBondsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_PrivateActivityBondsRiskMember" xlink:to="netft_PrivateActivityBondsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_PrivateActivityBondsRiskMember_lbl" xml:lang="en-US">Private activity bonds risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MunicipalSecuritiesRiskMember" xlink:label="netft_MunicipalSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MunicipalSecuritiesRiskMember" xlink:to="netft_MunicipalSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MunicipalSecuritiesRiskMember_lbl" xml:lang="en-US">Municipal securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000082264Member" xlink:label="netft_S000082264Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000082264Member" xlink:to="netft_S000082264Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000082264Member_lbl" xml:lang="en-US">Nomura Tax-Free USA Short Term ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000090017Member" xlink:label="netft_S000090017Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000090017Member" xlink:to="netft_S000090017Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000090017Member_lbl" xml:lang="en-US">Nomura Tax-Free USA Intermediate ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000090016Member" xlink:label="netft_S000090016Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000090016Member" xlink:to="netft_S000090016Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000090016Member_lbl" xml:lang="en-US">Nomura Tax-Free USA ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000256892Member" xlink:label="netft_C000256892Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256892Member" xlink:to="netft_C000256892Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000256892Member_lbl" xml:lang="en-US">Nomura Tax-Free USA ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000098706Member" xlink:label="netft_S000098706Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000098706Member" xlink:to="netft_S000098706Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000098706Member_lbl" xml:lang="en-US">Nomura Transformational Technologies ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_TechnologyIndustryRiskMember" xlink:label="netft_TechnologyIndustryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_TechnologyIndustryRiskMember" xlink:to="netft_TechnologyIndustryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_TechnologyIndustryRiskMember_lbl" xml:lang="en-US">Technology industry risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ConcentrationRiskMember" xlink:label="netft_ConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ConcentrationRiskMember" xlink:to="netft_ConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ConcentrationRiskMember_lbl" xml:lang="en-US">Concentration risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_ForeignanEmergingMarketsRiskMember" xlink:label="netft_ForeignanEmergingMarketsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ForeignanEmergingMarketsRiskMember" xlink:to="netft_ForeignanEmergingMarketsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_ForeignanEmergingMarketsRiskMember_lbl" xml:lang="en-US">Foreign and emerging markets risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_SmallandMidMarketCapitalizationCompanyRiskMember" xlink:label="netft_SmallandMidMarketCapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_SmallandMidMarketCapitalizationCompanyRiskMember" xlink:to="netft_SmallandMidMarketCapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_SmallandMidMarketCapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Small- and mid-market capitalization company risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_S000098707Member" xlink:label="netft_S000098707Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_S000098707Member" xlink:to="netft_S000098707Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_S000098707Member_lbl" xml:lang="en-US">Nomura Focused Mid Cap Growth ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000245546Member" xlink:label="netft_C000245546Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245546Member" xlink:to="netft_C000245546Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000245546Member_lbl" xml:lang="en-US">Nomura Global Listed Infrastructure ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000245547Member" xlink:label="netft_C000245547Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245547Member" xlink:to="netft_C000245547Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000245547Member_lbl" xml:lang="en-US">Nomura Energy Transition ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000249711Member" xlink:label="netft_C000249711Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000249711Member" xlink:to="netft_C000249711Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000249711Member_lbl" xml:lang="en-US">Nomura Focused Large Growth ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000256890Member" xlink:label="netft_C000256890Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256890Member" xlink:to="netft_C000256890Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000256890Member_lbl" xml:lang="en-US">Nomura Focused SMID Cap Core ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000256889Member" xlink:label="netft_C000256889Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256889Member" xlink:to="netft_C000256889Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000256889Member_lbl" xml:lang="en-US">Nomura Focused International Core ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000251129Member" xlink:label="netft_C000251129Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000251129Member" xlink:to="netft_C000251129Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000251129Member_lbl" xml:lang="en-US">Nomura Focused Emerging Markets Equity ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000256891Member" xlink:label="netft_C000256891Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256891Member" xlink:to="netft_C000256891Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000256891Member_lbl" xml:lang="en-US">Nomura National High-Yield Municipal Bond ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000245548Member" xlink:label="netft_C000245548Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245548Member" xlink:to="netft_C000245548Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000245548Member_lbl" xml:lang="en-US">Nomura Tax-Free USA Short Term ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000256893Member" xlink:label="netft_C000256893Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256893Member" xlink:to="netft_C000256893Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000256893Member_lbl" xml:lang="en-US">Nomura Tax-Free USA Intermediate ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000268417Member" xlink:label="netft_C000268417Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000268417Member" xlink:to="netft_C000268417Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000268417Member_lbl" xml:lang="en-US">Nomura Transformational Technologies ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_C000268418Member" xlink:label="netft_C000268418Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000268418Member" xlink:to="netft_C000268418Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="netft_C000268418Member_lbl" xml:lang="en-US">Nomura Focused Mid Cap Growth ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MSCIWorldIndexNetMember" xlink:label="netft_MSCIWorldIndexNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MSCIWorldIndexNetMember" xlink:to="netft_MSCIWorldIndexNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MSCIWorldIndexNetMember_lbl" xml:lang="en-US">MSCI World Index (Net)</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_SandPGlobalInfrastructureIndexNetMember" xlink:label="netft_SandPGlobalInfrastructureIndexNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_SandPGlobalInfrastructureIndexNetMember" xlink:to="netft_SandPGlobalInfrastructureIndexNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_SandPGlobalInfrastructureIndexNetMember_lbl" xml:lang="en-US">S&amp;P Global Infrastructure Index (Net)</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MSCIACWIIndexNetMember" xlink:label="netft_MSCIACWIIndexNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MSCIACWIIndexNetMember" xlink:to="netft_MSCIACWIIndexNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MSCIACWIIndexNetMember_lbl" xml:lang="en-US">MSCI ACWI Index (Net)</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_SAndP1500EnergySectorIndexMember" xlink:label="netft_SAndP1500EnergySectorIndexMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_SAndP1500EnergySectorIndexMember" xlink:to="netft_SAndP1500EnergySectorIndexMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_SAndP1500EnergySectorIndexMember_lbl" xml:lang="en-US">S&amp;P 1500 Energy Sector Index</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_Russell1000GrowthIndexMember" xlink:label="netft_Russell1000GrowthIndexMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_Russell1000GrowthIndexMember" xlink:to="netft_Russell1000GrowthIndexMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_Russell1000GrowthIndexMember_lbl" xml:lang="en-US">Russell 1000&#174; Growth Index</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_Russell1000IndexMember" xlink:label="netft_Russell1000IndexMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_Russell1000IndexMember" xlink:to="netft_Russell1000IndexMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_Russell1000IndexMember_lbl" xml:lang="en-US">Russell 1000&#174; Index</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MSCIEmergingMarketsIndexNetMember" xlink:label="netft_MSCIEmergingMarketsIndexNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_MSCIEmergingMarketsIndexNetMember" xlink:to="netft_MSCIEmergingMarketsIndexNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MSCIEmergingMarketsIndexNetMember_lbl" xml:lang="en-US">MSCI Emerging Markets Index (Net)</link:label>
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      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_Bloomberg1to5YearShortMunicipalBondIndexMember" xlink:label="netft_Bloomberg1to5YearShortMunicipalBondIndexMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_Bloomberg1to5YearShortMunicipalBondIndexMember_lbl" xml:lang="en-US">Bloomberg 1-5 Year (Short) Municipal Bond Index</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MSCIACWIAllCountryWorldIndexNetMember" xlink:label="netft_MSCIACWIAllCountryWorldIndexNetMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MSCIACWIAllCountryWorldIndexNetMember_lbl" xml:lang="en-US">MSCI ACWI (All Country World Index) (net) (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="netft-20260729.xsd#netft_MSCIWorldInformationTechnologyIndexNetMember" xlink:label="netft_MSCIWorldInformationTechnologyIndexNetMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_MSCIWorldInformationTechnologyIndexNetMember_lbl" xml:lang="en-US">MSCI World Information Technology Index (net) (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256892Member" xlink:to="netft_C000256892Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000256892Member_2_lbl" xml:lang="en-US">Nomura Tax-Free USA ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_ForeignanEmergingMarketsRiskMember" xlink:to="netft_ForeignanEmergingMarketsRiskMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_ForeignanEmergingMarketsRiskMember_2_lbl" xml:lang="en-US">Foreign and emerging markets risk [Member] [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245546Member" xlink:to="netft_C000245546Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000245546Member_2_lbl" xml:lang="en-US">Nomura Global Listed Infrastructure ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245547Member" xlink:to="netft_C000245547Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000245547Member_2_lbl" xml:lang="en-US">Nomura Energy Transition ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000249711Member" xlink:to="netft_C000249711Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000249711Member_2_lbl" xml:lang="en-US">Nomura Focused Large Growth ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256890Member" xlink:to="netft_C000256890Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000256890Member_2_lbl" xml:lang="en-US">Nomura Focused SMID Cap Core ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256889Member" xlink:to="netft_C000256889Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000256889Member_2_lbl" xml:lang="en-US">Nomura Focused International Core ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000251129Member" xlink:to="netft_C000251129Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000251129Member_2_lbl" xml:lang="en-US">Nomura Focused Emerging Markets Equity ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256891Member" xlink:to="netft_C000256891Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000256891Member_2_lbl" xml:lang="en-US">Nomura National High-Yield Municipal Bond ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000245548Member" xlink:to="netft_C000245548Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000245548Member_2_lbl" xml:lang="en-US">Nomura Tax-Free USA Short Term ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000256893Member" xlink:to="netft_C000256893Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000256893Member_2_lbl" xml:lang="en-US">Nomura Tax-Free USA Intermediate ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000268417Member" xlink:to="netft_C000268417Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000268417Member_2_lbl" xml:lang="en-US">Nomura Transformational Technologies ETF [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="netft_C000268418Member" xlink:to="netft_C000268418Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="netft_C000268418Member_2_lbl" xml:lang="en-US">Nomura Focused Mid Cap Growth ETF [Default Label]</link:label>
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</link:linkbase>
