MFUL vs. HFND ETF Comparison

Comparison of Mindful Conservative ETF (MFUL) to Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)

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

$21.94

Average Daily Volume

7,755

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.74

Average Daily Volume

6,994

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	MFUL	HFND
30 Days	0.50%	1.11%
60 Days	0.64%	2.41%
90 Days	2.12%	4.24%
12 Months	8.64%	11.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in MFUL	Weight in HFND	Overlap
	ICVT	A	4.93%	4.42%	4.42%

MFUL Overweight 15 Positions Relative to HFND

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

MFUL Underweight 8 Positions Relative to HFND

	Symbol	Grade	Weight
	BKLN	A	-4.79%
	CMBS	C	-3.41%
	IGHG	A	-2.51%
	VFMO	B	-2.11%
	VTWO	B	-1.59%
	PFF	C	-0.27%
	VMBS	C	--0.78%
	XLRE	C	--1.18%

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

HFND: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bloomberg Barclays Us Aggregate Bond Index Exchange Traded Funds Mortgage Backed Security Stock Market Index Structured Finance Active Management Barclays Bond Market Index Bond Market Indices Commercial Mortgage Commercial Mortgage Backed Security Commercial Mortgage Securities Association Convertibles Corporate Bond Equity Derivative Index Fund Invesco Powershares