Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. A stock's beta is determined by analyzing how much its return fluctuates in relation to the overall market return.



Duration is the number of years from the purchase date required to recover the true cost of a bond, this value is a way to compare bonds with different issue and maturity dates, coupon rates and yields to maturity.



Effective Duration is a duration calculation for bonds that includes embedded options, such as expected cash flows fluctuating as interest rates change.



30-Day Median Bid-Ask Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.



Yield-to-Maturity is the present value of a bond's future coupon payments.



Yield-to-Worst is the lowest potential yield that can be received on a bond without the issuer actually defaulting.



To obtain a prospectus, download online or call 800-617-0004.

Investing involves risks, including loss of principal.

The Funds' investment advisor is Vident Advisory, LLC. The Funds' sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the indexes that underlie the Funds. The Vident Funds are distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.