MFUL vs. BNKU ETF Comparison

Comparison of Mindful Conservative ETF (MFUL) to MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)

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

$21.60

Average Daily Volume

10,519

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

BNKU

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

BNKU Description

The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.

Grade (RS Rating)

Last Trade

$35.25

Average Daily Volume

245,459

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MFUL	BNKU
30 Days	1.46%	26.12%
60 Days	2.03%	7.70%
90 Days	2.54%	36.79%
12 Months	3.91%	108.33%

0 Overlapping Holdings

	Symbol	Grade	Weight in MFUL	Weight in BNKU	Overlap

MFUL Overweight 12 Positions Relative to BNKU

	Symbol	Grade	Weight
	GBIL	B	15.21%
	BIL	B	10.22%
	SCHV	A	10.11%
	STIP	B	6.5%
	SGOV	D	6.28%
	RLY	C	6.11%
	USFR	A	5.5%
	USIG	A	4.32%
	ICVT	A	4.07%
	XLG	B	3.76%
	AOR	A	3.33%
	TIPX	A	3.05%

MFUL Underweight 10 Positions Relative to BNKU

	Symbol	Grade	Weight
	WFC	B	-10.0%
	USB	B	-10.0%
	TFC	A	-10.0%
	SCHW	C	-10.0%
	PNC	A	-10.0%
	MS	A	-10.0%
	JPM	B	-10.0%
	GS	A	-10.0%
	C	B	-10.0%
	BAC	A	-10.0%

MFUL: Top Represented Industries & Keywords

Industries:

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

BNKU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - US Capital Markets

Keywords: S&P 500 Bank Banking Investment Bank Cash Management Investment Banking Asset Management Services Brokerage Financial Advisory Services Financial Products Investment Management Services Investment Product Lending Products Portfolio Management Primary Dealers Trade Finance Transaction Services Wealth Management Asset Management Cash Management Services