Wedbush ReturnOnLeadership U.S. Large-Cap ETF (EXEQ) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Solactive Indiggo ReturnOnLeadership U.S. Large-Cap Index. The fund provides systematic investment in the top 50 U.S. large-cap companies demonstrating superior leadership execution, employing an AI-driven, rules-based process developed in partnership with Indiggo LLC to measure how effectively management teams translate strategy into results across organizational dimensions; it aims to capture quality-driven outperformance while complementing traditional equity allocations. Launched on February 13, 2026, EXEQ represents Wedbush Fund Advisers LLC's latest innovation in research-driven ETFs, building on prior offerings such as the Dan Ives Wedbush AI Revolution ETF (IVES) introduced in June 2025. Wedbush Fund Advisers LLC, established in 2024 as part of the Wedbush Securities family founded in 1955 and headquartered in Pasadena, California, operates within the broader Wedbush ecosystem that provides securities brokerage, wealth management, investment banking, capital markets services, and access to a wide range of mutual funds, ETFs, and unit investment trusts primarily for private and institutional clients across the United States. With an expense ratio of 0.75% and initial assets under management of approximately $1 million, EXEQ targets investors seeking exposure to leadership as a quantifiable investment factor in the U.S. large-cap equity segment.