Investment Risks - Eagle Capital Select Equity ETF
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Oct. 28, 2026 |
| Management Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Management Risk. The Fund is actively-managed and may not meet its investment objective based
on the Adviser’s success or failure to implement investment strategies for the Fund. The Fund’s principal investment strategies
are dependent upon the Adviser’s security selection process and, as a result, the Adviser’s skill in understanding and utilizing
such process. The achievement of the investment objective of the Fund cannot be guaranteed and the Adviser’s management of the Fund
may not produce the intended results. |
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| Common Stock Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Common Stock Risk. The value of the common stock held by the Fund may fall due to general
market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate,
or facts relating to specific companies in which the Fund invests. |
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| Market Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Market Risk. A number of factors can affect financial markets generally, which in turn, can
impact the value of the Fund’s investments. Economic considerations such as GDP growth, inflation, interest rates, monetary and
fiscal policy, barriers to capital formation and reinvestment, market instability, and budgetary deficits are key considerations in how
overall markets perform. Political factors, including elections and political instability and unrest, foreign or domestic, can affect
the extent to which investors choose to participate in financial markets. In addition, the impact of any epidemic, pandemic or natural
disaster, or widespread fear that such events may occur, could negatively affect the global economy, as well as the economies of individual
countries, the financial performance of individual companies and sectors, and the markets in general in significant and unforeseeable
ways. Any such impact could adversely affect the prices and liquidity of the securities and other instruments in which the Fund invests,
which in turn could negatively impact the Fund’s performance and cause losses on your investment in the Fund. |
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| ETF Risks [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | ETF Risks. The Fund is an exchange-traded fund and, as a result of this structure, it is exposed
to the following risks: |
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| Costs of Buying or Selling Shares Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ○ | Costs of Buying or Selling Shares Risk. Due to the costs of buying or selling Fund shares, including
brokerage commissions imposed by brokers and the variance in bid-ask spreads, frequent trading of Fund shares may significantly reduce
investment results and an investment in Fund shares may not be advisable for investors who anticipate regularly making small investments. |
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| Limited Authorized Participants, Market Makers and Liquidity Providers Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ○ | Limited Authorized Participants, Market Makers and Liquidity Providers Risk. Because the Fund is
an ETF, only a limited number of institutional investors (known as “Authorized Participants”) are authorized to purchase and
redeem shares directly from the Fund. Retail investors cannot transact directly with the Fund. In addition, there may be a limited number
of market makers and/or liquidity providers in the marketplace to transact in Fund shares, there may be demand for Fund shares thereby
increasing the market price above NAV, or lack of demand, which may decrease the market price below NAV, or in stressed market conditions,
the market for Fund shares may become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying
portfolio holdings. As a result of these considerations, Fund shares may trade at a material premium or discount to NAV or these factors
may, in turn, lead to wider spreads between the bid and ask price of Fund shares. In addition, the Fund may face possible delisting if:
(i) Authorized Participants exit the business or otherwise become unable to process creation and/or redemption orders and no other Authorized
Participants step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business or significantly
reduce their business activities and no other entities step forward to perform their functions. |
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| Trading Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ○ | Trading Risk. Shares of the Fund may trade on the NYSE Arca, Inc. (the “Exchange”)
above (premium) or below (discount) their net asset value (“NAV”). In stressed market conditions, the market for Fund shares
may become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings, which
may increase the variance between the market price of the Fund shares and the value of its underlying holdings. This can be reflected
as a spread between the bid and ask prices for the Fund shares quoted during the day or a premium or discount in the closing price from
the Fund’s NAV. In addition, although the Fund’s shares are currently listed on the Exchange, there can be no assurance that
an active trading market for Fund shares will develop or be maintained. Trading in Fund shares may be halted due to market conditions
or for reasons that, in the view of the Exchange, make trading in shares of the Fund inadvisable. |
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| Large-Capitalization Company Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Large-Capitalization Company Risk. The large capitalization companies in which the Fund may
invest may lag the performance of smaller capitalization companies because large capitalization companies may experience slower rates
of growth than smaller capitalization companies and may not respond as quickly to market changes and opportunities. |
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| Issuer-Specific Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Issuer-Specific Risk. Fund
performance depends on the performance of the issuers to which the Fund has exposure. Issuer-specific
events, including changes in the financial condition of an issuer, can have a negative impact
on the value of the Fund. |
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| Sector Focus Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Sector Focus Risk. To
the extent the Fund invests a significant portion of its assets in a particular sector, the
Fund may be susceptible to loss due to adverse occurrences affecting that sector. While the
Fund’s sector exposure is expected to vary over time, the Fund anticipates that it
may be subject to some or all of the risks described below. The list below is not a comprehensive
list of the sectors to which the Fund may have exposure over time and should not be relied
on as such. |
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| Consumer Discretionary Sector Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| o | Consumer Discretionary Sector Risk. The success of consumer product manufacturers, retailers,
and other consumer discretionary companies is closely tied to domestic and global economic conditions, interest rates, competition, consumer
confidence, disposable household income, and consumer spending. Companies in this sector may face intense competition that adversely affects
their profitability. Changes in demographics, consumer preferences, and consumer tastes may also reduce demand for their products and
services. |
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| Information Technology Sector Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| o | Information Technology Sector Risk. Information technology companies may be adversely
affected by rapid changes in technology, short product cycles, product obsolescence, intense competition, aggressive pricing,
reduced profit margins, government regulation, cybersecurity incidents and changes in consumer preferences. These companies may have
limited product lines, markets, financial
resources or personnel and may depend heavily on patent, copyright, trademark and other intellectual property protections. The loss or
impairment of those rights could adversely affect a company’s profitability. Securities of information technology companies may
also experience greater price volatility than securities of companies in other sectors. |
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| Financial Sector Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| o | Financial Sector Risk. Companies in the financial
sector are subject to governmental regulation and intervention, which may adversely affect the scope of their activities, the prices
they can charge and the amount of capital they must maintain. Governmental regulation may change frequently, and may have adverse consequences
for companies in the financial sector, including effects not intended by such regulation. The impact of recent or future regulation in
various countries on any individual financial company or on the sector, as a whole, is not known. |
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| Health Care Sector Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| o | Health Care Sector Risk. Companies in the health care sector are subject to extensive government
regulation and their profitability can be significantly affected by restrictions on government reimbursement for medical expenses, rising
costs of medical products and services, pricing pressure (including price discounting), limited product lines and an increased emphasis
on the delivery of healthcare through outpatient services. Companies in the health care sector are heavily dependent on obtaining and
defending patents, which may be time consuming and costly, and the expiration of patents may also adversely affect the profitability of
these companies. Health care companies are also subject to extensive litigation based on product liability and similar claims. In addition,
their products can become obsolete due to industry innovation, changes in technologies or other market developments. Many new products
in the health care sector require significant research and development and may be subject to regulatory approvals, all of which may be
time consuming and costly with no guarantee that any product will come to market. |
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| Small- and Mid-Capitalization Company Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Small- and Mid-Capitalization Company Risk. The small- and mid-capitalization companies in which
the Fund invests may be more vulnerable to adverse business or economic events than larger, more established companies, and may underperform
other segments of the market or the equity market as a whole. Securities of small- and mid-capitalization companies generally trade in
lower volumes, are often more vulnerable to market volatility, and are subject to greater and more unpredictable price changes than larger
capitalization stocks or the stock market as a whole. |
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| Depositary Receipt Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Depositary Receipt Risk. ADRs and GDRs are subject to the risks associated with investing directly
in foreign securities. In addition, investments in ADRs and GDRs may be less liquid than the underlying shares in their primary trading
market. |
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| Foreign Securities Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Foreign Securities Risk. Investments in non-U.S. securities involve certain risks that may
not be present with investments in U.S. securities. For example, investments in non-U.S. securities may be subject to risk of loss due
to foreign currency fluctuations or to expropriation, nationalization or adverse political or economic developments. Foreign securities
may have relatively low market liquidity and decreased publicly available information about issuers. Investments in non-U.S. securities
also may be subject to withholding or other taxes and may be subject to additional trading, settlement, custodial, and operational risks.
Non-U.S. issuers may also be subject to inconsistent and potentially less stringent accounting, auditing, financial reporting and investor
protection standards than U.S. issuers. These and other factors can make investments in the Fund more volatile and potentially less liquid
than other types of investments. In addition, where all or a portion of the Fund’s portfolio holdings trade in markets that are
closed when the Fund’s market is open, there may be changes between the last quote from its closed foreign market and the value
of such security during the Fund’s domestic trading day. This in turn could lead to differences between the market price of the
Fund’s shares and the underlying value of those shares. |
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| Risks of Investing in Europe and the United Kingdom [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ○ | Risks of Investing in Europe and the United Kingdom. To the extent that the Fund has direct
or indirect investments in issuers located in Europe and the United Kingdom (“UK”), the Fund may be affected by the fiscal
and monetary controls of the Economic and Monetary Union of the European Union (“EU”). The UK formally withdrew from
the EU (commonly referred to as “Brexit”) under the terms of a new trade agreement on December 31, 2020. The agreement governs
the relationship between the UK and EU with respect to trading goods and services, but critical aspects of the relationship remain unresolved
and subject to further negotiation and agreement. The full scope and nature of the consequences of the exit are not at this time known
and are unlikely to be known for a significant period of time. |
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| Foreign Currency Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Foreign Currency Risk. Fund investments in foreign currencies and securities denominated in
foreign currencies are subject to currency risk. As a result, the value of securities denominated in foreign currencies can change significantly
when foreign currencies strengthen or weaken relative to the U.S. dollar. ADRs indirectly bear currency risk because they represent an
interest in securities that are not denominated in U.S. dollars. The value of the Fund’s assets measured in U.S. dollars can also
be affected by exchange control regulations. The Fund will generally incur transaction costs in connection with conversions between various
currencies which will negatively impact performance. |
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| Emerging Markets Securities Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Emerging Markets Securities Risk. Investments in emerging markets securities are considered
speculative and subject to heightened risks in addition to the general risks of investing in foreign securities. Unlike more established
markets, emerging markets may have governments that are less stable, markets that are less liquid and economies that are less developed.
In addition, the securities markets of emerging market countries may consist of companies with smaller market capitalizations and may
suffer periods of relative illiquidity, significant price volatility, restrictions on foreign investment, and possible restrictions on
repatriation of investment income and capital. Furthermore,
foreign investors may be required to register the proceeds of sales, and future economic or political crises could lead to price controls,
forced mergers, expropriation or confiscatory taxation, seizure, nationalization or creation of government monopolies. Non-U.S. issuers
may also be subject to inconsistent and potentially less stringent accounting, auditing, financial reporting and investor protection standards
than U.S. issuers. These and other factors can make investments in the Fund more volatile and potentially less liquid than other types
of investments. Differences in regulatory, accounting, auditing, and financial reporting and recordkeeping standards could impede the
Adviser’s ability to evaluate local companies and impact the Fund’s performance. Investments in securities of issuers in emerging
markets may also be exposed to risks related to a lack of liquidity, greater potential for market manipulation, issuers’ limited
reliable access to capital, and foreign investment structures. Additionally, the Fund may have limited rights and remedies available to
it to pursue claims against issuers in emerging markets. |
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| Risks of Investing in China [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ○ | Risks of Investing in China. To the extent that the Fund has direct or indirect investments
in Chinese securities, including certain Hong Kong-listed and U.S.-listed securities, it will be subject to risks specific to the People’s
Republic of China (“China”). There is a greater risk in China than in many other countries of currency fluctuations, currency
non-convertibility, interest rate fluctuations and higher rates of inflation or deflation. Unanticipated political or social developments
may result in sudden and significant investment losses. |
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| Investment Company and Exchange-Traded Fund Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Investment Company and Exchange-Traded Fund Risk. An investment company or other pooled investment
vehicle, including any ETFs or money market funds, in which the Fund invests may not achieve its investment objective or execute its investment
strategies effectively. Significant purchase or redemption activity by shareholders of such an investment company might negatively affect
the value of its shares. The Fund must pay its pro rata portion of an investment company’s fees and expenses. In addition, by investing
in the Fund, shareholders indirectly bear fees and expenses charged by the acquired investment companies or other pooled investment vehicles
in addition to the Fund’s direct fees and expenses. As a result, the cost of investing in the Fund may exceed the costs of investing
directly in investment companies or pooled investment vehicles. |
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| Operational Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Operational Risk. The Fund and its service providers may experience disruptions that arise
from human error, processing and communications errors, counterparty or third-party errors, technology or systems failures, any of which
may have an adverse impact on the Fund. |
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| Cybersecurity Risk [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Cybersecurity Risk. Cybersecurity incidents may allow an unauthorized party to gain access to Fund
assets or proprietary information, or cause the Fund, the Adviser, and/or other service providers (including custodians and financial
intermediaries) to suffer data breaches or data corruption. Additionally, cybersecurity failures or breaches of the electronic systems
of the Fund, the Adviser, or the Fund’s other service providers, market makers, Authorized Participants, the Fund’s primary
listing exchange, or the issuers of securities in which the Fund invests have the ability to disrupt and negatively affect the Fund’s
business operations, including the ability to purchase and sell Fund shares, potentially resulting in financial losses to the Fund and
its shareholders. |
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| Risk Lose Money [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
As with all funds, a shareholder is subject to
the risk that his or her investment could lose money.
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| Risk Not Insured [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
An investment in the Fund is not a bank deposit and is not insured or guaranteed
by the FDIC or any government agency.
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| Risk Nondiversified Status [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Non-Diversification Risk. The Fund is non-diversified, which means that it may invest in the
securities of fewer issuers than a diversified Fund. As a result, the Fund may be more susceptible to a single adverse corporate, economic
or political occurrence affecting one or more of these issuers, and may experience increased volatility due to its investments in those
securities. |
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