MFUL vs. GAL ETF Comparison

Comparison of Mindful Conservative ETF (MFUL) to SPDR SSgA Global Allocation ETF (GAL)

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

$22.01

Average Daily Volume

10,848

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

GAL

SPDR SSgA Global Allocation ETF

GAL Description

The investment seeks to provide capital appreciation. The fund invests substantially all of its assets in the SSgA Global Allocation Portfolio (the "Portfolio"), a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. The Portfolio typically allocates approximately 60% of its assets to equity securities, though this percentage can vary based on the Adviser's tactical decisions.

Grade (RS Rating)

Last Trade

$44.82

Average Daily Volume

11,046

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	MFUL	GAL
30 Days	1.20%	0.68%
60 Days	1.81%	2.50%
90 Days	2.57%	3.54%
12 Months	7.72%	16.58%

1 Overlapping Holdings

	Symbol	Grade	Weight in MFUL	Weight in GAL	Overlap
	TIPX	A	3.12%	3.97%	3.12%

MFUL Overweight 13 Positions Relative to GAL

	Symbol	Grade	Weight
	GBIL	B	13.07%
	BIL	B	10.21%
	CWB	A	9.22%
	STIP	A	6.59%
	SGOV	B	6.27%
	BOND	B	6.05%
	USFR	A	5.49%
	VCIT	A	4.48%
	HNDL	B	4.12%
	FCOR	A	4.11%
	INKM	A	3.55%
	IUSB	A	3.33%
	MOAT	A	3.31%

MFUL Underweight 8 Positions Relative to GAL

	Symbol	Grade	Weight
	GWX	B	-3.0%
	EBND	A	-2.99%
	IBND	A	-2.98%
	XLC	A	-2.02%
	MDY	C	-2.0%
	SRLN	A	-1.49%
	EMHC	A	-1.49%
	BWX	A	-0.99%

MFUL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond High Yield Debt Index Fund Collateralized Debt Obligation Debt Securities U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Market Bond Market Indices Debt Exchange Traded Funds Inflation Indexed Bond Management Cybernetics Structured Finance Swaps Us Treasury Cash And Cash Equivalents Convertible Bond

GAL: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Market Indices Index Fund Bond Bond Market State Street Global Advisors Barclays Blackstone Bloomberg Barclays Us Aggregate Bond Index Bloomberg L.P. Bond Market Index Emerging Market Exchange Traded Funds Global Industry Classification Standard Inflation Indexed Bond Interactive Media Investment Management Ishares Management Cybernetics