MFUL vs. ADFI ETF Comparison

Comparison of Mindful Conservative ETF (MFUL) to Anfield Dynamic Fixed Income ETF (ADFI)

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

$21.02

Average Daily Volume

17,164

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

ADFI

Anfield Dynamic Fixed Income ETF

ADFI Description

The investment seeks to provide total return with capital preservation as a secondary objective. The fund is an actively managed ETF that is a fund of funds, meaning that it primarily invests its assets in securities of other ETFs. It normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other unaffiliated ETFs that invest in any facet of the global debt markets, including corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments.

Grade (RS Rating)

Last Trade

$8.39

Average Daily Volume

23,452

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	MFUL	ADFI
30 Days	-1.13%	-0.96%
60 Days	-0.14%	-0.72%
90 Days	0.23%	-1.99%
12 Months	2.25%	1.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in MFUL	Weight in ADFI	Overlap
	ICVT	C	7.1%	3.27%	3.27%

MFUL Overweight 9 Positions Relative to ADFI

	Symbol	Grade	Weight
	GBIL	A	19.51%
	BIL	A	13.1%
	STIP	A	8.32%
	SGOV	B	8.05%
	RLY	B	7.81%
	SCHD	D	7.59%
	USFR	A	7.02%
	VCIT	C	6.47%
	SCHB	C	1.26%

MFUL Underweight 5 Positions Relative to ADFI

	Symbol	Grade	Weight
	GOVT	D	-22.76%
	PHB	A	-20.03%
	MBB	C	-17.5%
	JAAA	B	-11.47%
	FTSL	A	-0.1%

MFUL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Index Fund U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Convertibles Swaps Us Treasury Barclays Bond Market Bond Market Indices Cash And Cash Equivalents Collateralized Debt Obligation Corporate Bond Dividend Dividend Yield Dow Jones Industrial Average Index Equity Derivative Exchange Traded Funds

ADFI: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Index Fund Mortgage Backed Security Structured Finance Asset Backed Security Bank Loans Barclays Bloomberg Barclays Us Aggregate Bond Index Bond Market Index Collateralized Debt Obligation Collateralized Loan Obligation Convertibles Corporate Bond Debt Securities Equity Derivative Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association