Wedbush ReturnOnLeadership U.S. Large-Cap ETF

Wedbush ReturnOnLeadership U.S. Large-Cap ETF is an exchange-traded fund that provides targeted exposure to the top 50 U.S. large-cap companies exhibiting superior corporate leadership execution. Launched by Wedbush Fund Advisers in partnership with Indiggo LLC, the ETF tracks the Solactive Indiggo ReturnOnLeadership U.S. Large-Cap Index, transforming leadership quality into a rules-based, investable factor supported by over a decade of proprietary data linking strong leadership to enhanced financial performance. Indiggo's proprietary ReturnOnLeadership framework employs advanced AI analytics on structured financial data and unstructured public information to evaluate companies across four core dimensions: connection to organizational purpose, strategic clarity, leadership alignment, and focused execution. This innovative approach quantifies traditionally subjective leadership assessments, emphasizing execution, alignment, and measurable strategic outcomes. The ETF employs a passive indexing strategy to replicate the index's total return performance before fees, positioning it as a core equity holding that differentiates through behavioral and governance insights alongside traditional metrics. By focusing on leadership as a performance driver, it contributes to the evolution of thematic and factor-based strategies in the U.S. large-cap equity market.