WEBs Materials XLB Defined Volatility ETF

WEBs Materials XLB Defined Volatility ETF is an exchange-traded fund designed to provide exposure to the U.S. materials sector through a rules-based, volatility-managed strategy. The fund seeks to track the Syntax Defined Volatility XLB Index, which adjusts exposure to the State Street Materials Select Sector SPDR ETF based on market volatility and aims to maintain a targeted annual volatility level. As a passive ETF, it uses financial instruments such as swaps and cash-like holdings to scale exposure up or down depending on recent volatility conditions. WEBs Materials XLB Defined Volatility ETF is positioned for investors seeking a sector-focused instrument that combines materials-market participation with a systematic approach to risk control. The fund is part of the WEBs family of defined volatility ETFs and is structured to reflect large-cap U.S. materials-market dynamics rather than broad-market performance.