Smart beta defines a set of investment strategies that emphasize the use of alternative index construction rules to traditional market capitalization based indices. Smart beta emphasizes capturing investment factors or market inefficiencies in a rules-based and transparent way.

Active Share is a measure of the percentage of stock holdings in a manager’s portfolio that differ from the benchmark index.

B2B, or Business-to-business, refers to instances where one business makes a commercial transaction with another, rather than the final customer.

Cash flow is the net amount of cash and cash-equivalents moving into and out of a business.

Correlation is a statistic that measures the degree to which two securities move in relation to each other.

Earnings Growth is a measure of growth in a company’s net income over a specific period, often one year.

Earnings per share (EPS) Is the portion of a company’s profit allocated to each outstanding share of a common stock.

FANG – Facebook, Amazon, Netflix, and Alphabet, Inc.

The Russell 1000 index is a stock market index that represents the highest-ranking 1,000 stocks in the Russell 3000, which represents about 90% of the total market capitalization of that index.

Russell 3000 index is a market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of the entire U.S. stock market.

The BrandTransact 50® Index seeks to identify companies worthy of investment that share high growth potential and positive brand resonance. The Index uses a rules-based methodology to identify strong brands that maintain brand equity value not recognized in share price. The Index represents those top 50 companies, equally-weighted, determined per the scoring process. It is not possible to invest directly in an index.

The CBOE S&P 500 Implied Correlation Index is regarded as a measure of expected average correlation of price returns of S&P 500 index components, implied through S&P 500 Index option prices and prices of single-stock options on the 50 largest components of the S&P 500 Index.

The Price-Earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.

The American Customer Satisfaction Index is an index that provides information on how satisfied U.S. consumers are with the quality of products and services available to them. The American Customer Satisfaction Index produces four levels of indexes or scores – a national customer satisfaction score, economic sector scores, industry scores, and scores for companies and federal government agencies. It is not possible to invest directly in an index.

E*TRADE and Interactive Brokers have contracted with ACSI Funds to waive trading commission for ACSI ETFs. Accounts may still be charged account fees or minimums. Investors should refer to their account agreement to determine if additional fees apply.

The Brand Value ETF is managed by ACSI Funds through its Exponential ETFs platform. Click here for a prospectus. The Brand Value ETF distributed by Quasar Distributors, LLC.

RVRS is managed by ACSI Funds. Click here for prospectus. RVRS is distributed by Quasar Distributors, LLC.

Diversification does not assure a profit, nor does it protect against a loss in a declining market. Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security. Please click here for fund holdings.

References to other mutual funds should not to be considered an offer to buy or sell these securities.