| Investment Objective: |
The Wedbush ReturnOnLeadership U.S. Large-Cap ETF (the "Fund") seeks to track the total return performance, before fees and expenses, of the Solactive Indiggo Return on Leadership U.S. Large-Cap Index (the "Index"). The Index is comprised exclusively of equity securities of the 50 highest-ranked large-capitalization companies in the United States, based on each company's ReturnOnLeadership ("ROL") composite score. From the eligible universe, each company is assessed and ranked according to its ROL composite score, which reflects the company's performance across four leadership fundamentals: Connection to Purpose, Strategic Clarity, Leadership Alignment, and Focused Action. For each fundamental, an individual score is computed based on a combination of structured and unstructured data, integrating analyst evaluations, statistical analyses and generative artificial intelligence ("AI")-based assessments. The ROL composite score for each company is calculated as a weighted average of the four individual fundamental scores and the 50 companies with the highest ROL composite scores are selected as Index components. |
