I think I see your problem. This looks to be a bug in the out of the box rendering of the view drop-downs. It does not look to take the 'display name' into consideration when rendering these using the standard web templates.


You can change the wording of these using jQuery.
Open your Entity List -> Options -> Custom JavaScript -> Paste the following (and amend as required)
$(document).ready(function() {
$("body").find("a[aria-label='Active Contacts']").html("Hello world");
});