MFUL vs. DWAT ETF Comparison

Comparison of Mindful Conservative ETF (MFUL) to Arrow DWA Tactical ETF (DWAT)

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

$22.03

Average Daily Volume

7,877

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

DWAT

Arrow DWA Tactical ETF

DWAT Description

The investment seeks to achieve long-term capital appreciation with capital preservation as a secondary objective. The fund primarily invests in other exchange traded funds that each invest primarily in domestic and foreign, equity securities of any market capitalization, fixed-income securities of any credit quality, or alternative assets. The fund may invest up to 25% of its total assets in the Tactical Subsidiary. The Tactical Subsidiary will invest primarily in commodity futures, fixed-income securities and cash equivalents, which are intended to serve as margin or collateral for its investments in commodity futures. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.98

Average Daily Volume

792

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	MFUL	DWAT
30 Days	1.13%	2.11%
60 Days	0.97%	4.55%
90 Days	2.21%	7.04%
12 Months	9.09%	23.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in MFUL	Weight in DWAT	Overlap

MFUL Overweight 16 Positions Relative to DWAT

	Symbol	Grade	Weight
	GBIL	B	13.53%
	SCHV	A	10.58%
	BIL	A	10.57%
	USFR	A	8.64%
	STIP	C	6.82%
	SGOV	B	6.5%
	MGK	B	5.2%
	CWB	A	5.11%
	ICVT	A	4.93%
	RLY	B	4.92%
	JPST	A	4.35%
	FCOR	D	4.33%
	HNDL	A	4.2%
	INKM	B	3.62%
	XLG	B	3.56%
	GAL	B	3.13%

MFUL Underweight 5 Positions Relative to DWAT

	Symbol	Grade	Weight
	RPV	A	-11.02%
	MTUM	A	-8.91%
	PFM	A	-8.46%
	PHYS	C	-8.24%
	PSLV	D	-7.87%

MFUL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Index Fund Collateralized Debt Obligation Exchange Traded Funds State Street Global Advisors Stock Market Index U.S. Treasury Capitalization Weighted Index Debt Securities High Yield Debt Stock Fund Swaps Us Treasury Accredited Investor Barclays Bloomberg Barclays Us Aggregate Bond Index Bond Market Cash And Cash Equivalents

DWAT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bullion Mutual Fund Mutual Fund Trust Precious Metals Silver Exchange Traded Product Stock Market Index Capitalization Weighted Index Dividend Exchange Traded Products Index Fund Invesco Powershares MSCI EAFE Msci Us Reit Index Nasdaq Composite Index S&P 500 Index CBOE S&P 500 Publishing & Printing (Sub Ind) Silver Sprott Molybdenum Participation Corporation