KEAT vs. MFUL ETF Comparison

Comparison of Keating Active ETF (KEAT) to Mindful Conservative ETF (MFUL)

KEAT

Keating Active ETF

KEAT Description

KEAT actively invests in equity securities of all-cap companies considered undervalued based on the subadvisor's fundamental research. These securities include common stock, preferred stock, REITs, ADRs, and GDRs. The fund also considers and invests in international ETFs in the same manner it selects its individual securities. The sub-adviser initially identifies potential investment opportunities through public disclosures, and assesses their financial condition based on sustainable earnings and future cash flows through financial and strategic analyses. The portfolio will typically be comprised of 25 to 40 securities, all selected to offer exceptional value and have defensible positions. The fund also emphasizes companies with good shareholder yield. It intends to hold its positions for a year or more and sells them when it reaches its fair value or has become overvalued. KEAT may also hold short-term Treasurys in seeking total return.

Grade (RS Rating)

Last Trade

$24.87

Average Daily Volume

4,721

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MFUL

Mindful Conservative ETF

MFUL Description

Mindful Conservative ETF is an exchange traded fund of fund launched by Collaborative Investment Series Trust. The fund is co-managed by Tuttle Tactical Management, LLC and Retireful, LLC. It invests public equity and fixed income markets of global emerging region. For its equity portion, the fund invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations, within the market capitalization range of MSCI Emerging Market index. For its fixed income portion, the fund invests through other funds in below investment grade securities that are rated below Baa3 by Moody’s Investors Service or below BBB- by Standard and Poor’s Rating Group. The fund invests in securities of any maturity. The fund employs proprietary research to create its portfolio. Mindful Conservative ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.41

Average Daily Volume

7,327

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	KEAT	MFUL
30 Days	-0.27%	0.92%
60 Days	-1.23%	1.71%
90 Days	-2.34%	0.19%
12 Months		3.52%

1 Overlapping Holdings

	Symbol	Grade	Weight in KEAT	Weight in MFUL	Overlap
	STIP	A	29.06%	6.53%	6.53%

KEAT Overweight 7 Positions Relative to MFUL

	Symbol	Grade	Weight
	GOLD	C	3.87%
	TTE	C	3.55%
	EQC	B	3.54%
	OII	C	3.45%
	LBTYK	C	3.28%
	LMT	A	2.93%
	VZ	B	2.88%

KEAT Underweight 12 Positions Relative to MFUL

	Symbol	Grade	Weight
	GBIL	A	-15.28%
	BIL	A	-10.27%
	SCHV	B	-10.13%
	AOR	A	-6.74%
	SGOV	A	-6.31%
	RLY	C	-6.05%
	MGK	A	-5.8%
	USFR	A	-5.51%
	USIG	A	-4.34%
	ICVT	A	-4.08%
	XLG	A	-3.7%
	TIPX	A	-3.07%

KEAT: Top Represented Industries & Keywords

Industries: Aerospace & Defense Gold Oil & Gas Equipment & Services Oil & Gas Integrated Pay TV REIT - Office Telecom Services

Keywords: Broadband Internet Access S&P 500 Telecommunications Video Services VoIP Access Devices Adhesives Aerospace Aerospace Industries Air Systems Aircraft Asset Integrity Management Aviation B2B Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Broadband Internet Broadband Services

MFUL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Index Fund Bond Stock Market Index U.S. Treasury Capitalization Weighted Index Inflation Indexed Bond Swaps Us Treasury Barclays Bloomberg Barclays Us Aggregate Bond Index Bond Market Bond Market Indices Cash And Cash Equivalents Collateralized Debt Obligation Convertibles Dow Jones Global Indexes Dow Jones U.S. Total Stock Market Index Equity Derivative