Engine No. 1 Transform Supply Chain ETF

SUPP is a Global Equities ETF. The Transform Supply Chain ETF is an actively managed exchange-traded fund ("ETF") that invests in U.S.-listed equity, American depositary receipt ("ADR") securities, and non-U.S. developed and emerging market-listed securities, which over time may vary as market and investment opportunities change. The Fund may also enter into currency-related spot transactions when it transacts in equities denominated in foreign currencies or invest in certain derivative instruments, such as currency futures or forwards that will help the Adviser manage risk associated with foreign currency exposure, if any, or futures contracts. The Fund's investments may include micro-, small-, medium- and large-capitalization equities of companies. The Adviser expects to hold between 20-60 equities within the Fund's portfolio. The Adviser expects to invest in the equities of companies that it deems are creating value through supply chain transformation. A supply chain is defined as a network between a company and its suppliers to produce and distribute a specific product to the final buyer. According to the Adviser, companies are transforming their own or others' supply chains by reshoring manufacturing jobs (i.e., bringing jobs closer to point of sale, stabilizing manufacturing capacity, reducing disruption and geopolitical risks, enhancing sourcing transparency and increasing emissions and environmental impact standards), automating and/or innovating business operations (i.e., offsetting labor cost disadvantage of high-cost countries by boosting output per worker, streamlining business operations to drive lower costs, and improving labor conditions for workers), or through transportation enablement (i.e., providing manufacturers with reliable and affordable access to raw materials, while also facilitating movement of finished goods to end market). Portfolio companies are primarily those that the Adviser believes are creating value or minimizing risks as it relates to their supply chains or the supply chains of others. Companies are from no one particular industry; instead, they are from a broad range of industries such as factory automation, transportation providers, industrial goods and services, alternative energy, semiconductors and semiconductor capital equipment, materials, or waste management & recycling.

Yes, SUPP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SUPP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SUPP is -0.0252%. This is the percent change in the value of SUPP over the most recent 1-month period. The 3-month return on SUPP is -0.0463%. This is the percent change in the value of SUPP over the most recent 3-month period.

ETFs similar to SUPP include EZU, VEA, and EFA.

ETFs correlated to SUPP include PAVE, FXR, and IYJ.

ETFs that are inversely correlated to SUPP include HIBS, SH, and SDS.