Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

Defiance Daily 2X Long Israel ETF (ISRL)

(the “Fund”)

listed on CBOE BZX Exchange, Inc.

August 24, 2026

Supplement to the Prospectus

and Statement of Additional Information (“SAI”),

each dated July 6, 2026

Effective immediately, the Fund’s ticker symbol is changed in accordance with the following chart. Accordingly, all references to the Fund’s ticker symbol in the Prospectus and SAI are hereby amended and restated to reflect the Fund’s new ticker symbol.

Please retain this Supplement for future reference.