Mindful Conservative ETF
$22.20−0.10 (−0.45%)
- Expense ratio
- 2.35%
- Fund size
- $7M
- 1Y return
- +2.7%
- Yield · Last 12 months
- 2.41%
- Holdings
- 16
- Volume · 30D
- 0M sh
- NAV per share
- $22.27
- 52W range
The ETF.net MFUL Grade
Score 36 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 73Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 18Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 49Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 46Category rank
Our read on MFUL
DAn actively run conservative multi-asset fund from a boutique shop, built on one plain promise: current income for people who can stomach only limited price swings. You pay boutique prices (1.22%) for that hand-holding.
The Fund seeks current income and is positioned for conservative investors who can tolerate only limited pricing volatility.
Why people hold it
- The mandate is refreshingly specific: current income, aimed at investors who can tolerate only limited pricing volatility. No guessing what the manager is chasing.mohrfunds.com
- One ticker, several asset classes, active management inside a standard 1940 Act ETF. No stitching together your own bond-and-stock sleeve.
- Trading since 2021, so there is a real multi-year record to read rather than a backtest.
- The portfolio has stayed close to the conservative brief it advertises, which is more than some funds wearing the same label manage.
Worth knowing
- The fee is 1.22% a year, the boutique-active end of conservative multi-asset, where peers like CGMS and BLUI sit well under 1%.
- Small asset base and light trading: spreads can be wider and orders can nudge the price more than in the category's household names.
- Income arrives in lumps, on an annual or semiannual schedule, not as a monthly paycheck.
MFUL Holdings
- Other
- 16
- 75%
- USFR
Sectors
- Technology18.2%
- Financials13.5%
- Cons. Staples12.2%
- Health Care10.5%
- Industrials10.4%
- Energy8.0%
- Utilities6.8%
- Communication6.6%
- Consumer Discr.5.9%
- Materials5.6%
- Real Estate2.3%
Geography
- United States100.00%
MFUL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MFUL |
|---|---|
| Year to date | +2.6% |
| 1 month | −1.3% |
| 3 months | −0.3% |
| 1 year | +2.7% |
| 3 years | +5.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MFUL |
|---|---|---|
| 2026 YTD | +2.6% | |
| 2025 | +4.5% | |
| 2024 | +5.4% | |
| 2023 | +2.2% | |
| 2022 | −12.5% | |
| 2021 | −1.6% |
MFUL in the news
ETF.net Research hasn’t filed on MFUL yet — coverage lands here as it’s written.
MFUL Dividends
- 2.41%
- $0.54
- $0.41 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 16, 2025 | Dec 17, 2025 | $0.41 |
| Sep 26, 2025 | Sep 29, 2025 | $0.13 |
| Jun 26, 2025 | Jun 27, 2025 | $0.14 |
| Mar 27, 2025 | Mar 28, 2025 | $0.04 |
| Dec 17, 2024 | Dec 18, 2024 | $0.27 |
| Sep 27, 2024 | Sep 30, 2024 | $0.29 |
| Dec 19, 2023 | Dec 21, 2023 | $1.05 |
| Dec 27, 2022 | Dec 29, 2022 | $0.06 |
MFUL Risk
- 4.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.12
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MFUL Cost
- The middle half of Conservative Allocation funds
- Median 0.63%
Every other Conservative Allocation fund charges less.