Effective on or about June 2, 2026, this fund will be liquidated and dissolved. In preparation for the liquidation, this fund will no longer accept orders for the purchase of creation units effective as of the close of business on May 5, 2026, and effective as of the close of business on May 26, 2026, this fund will no longer accept redemption orders. Additionally, trading in this fund on NYSE Arca, Inc. will be halted prior to the opening of the market on May 27, 2026. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about June 2, 2026. Refer to the prospectus supplement for more information. Dates are subject to change. Note: When the fund is in the process of liquidating its portfolio, which is anticipated to commence prior to May 27, 2026, the fund will hold cash and securities that may not be consistent with the fund’s investment objectives and strategies. Additionally, the fund may make dispositions of portfolio holdings prior to the liquidation date. Shareholders should consult their tax professional about the tax implications of the liquidation.

This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

• You may have to pay more money to trade the ETF's shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
• The price you pay to buy ETF shares on an exchange may not match the value of the ETF's portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared with other ETFs because it provides less information to traders.
• These additional risks may be even greater in bad or uncertain market conditions.
• The ETF will publish on its website each day a Tracking Basket designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF's holdings, it is not the ETF's actual portfolio.

The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF's performance. If other traders are able to copy or predict the ETF's investment strategy, however, this may hurt the ETF's performance. For additional information regarding the unique attributes and risks of the ETF, see disclosure below and the Principal Investment Risks section of the prospectus.