Adaptive Core ETF
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.2%
1 yr return
15.0%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$47.4 M
Holdings in Top 10
38.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RULE - Profile
Distributions
- YTD Total Return 7.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAdaptive Core ETF
-
Fund Family NameCollaborative Investment Series Trust
-
Inception DateNov 02, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDan Mohr
Fund Description
The Fund is an actively managed exchange traded fund (“ETF”) that is managed by Retireful, LLC (the “Adviser”). The Adviser believes the Fund is ideal for investors seeking long-term capital appreciation but who prefer to minimize principal fluctuation. The Adviser seeks to achieve the Fund’s investment objective by using a tactical go-anywhere approach to invest in a wide variety of asset classes, which the Fund defines based on the market capitalization and/or industry classification. The Fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs.
The Fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality). The Fund defines junk bonds as those rated below Baa3 by Moody’s Investors Service or below BBB- by Standard and Poor’s Rating Group, or, if unrated, determined by the Adviser to be of similar credit quality. Foreign securities include issuers from emerging market countries. The Fund defines emerging market issuers as those found in countries represented in the MSCI Emerging Market index.
The Fund may invest in asset classes and investment styles such as:
● | Blend - ETFs that include a mix of both value and growth stocks. |
● | Bonds - a fixed income instrument that represents a loan made by an investor to a borrower. |
● | Convertibles - bonds or preferred shares, that can be converted into common stock. |
● | Core - ETFs seeking stable growth in safer sectors of the economy. |
● | Growth - ETFs with capital appreciation as their primary goal, with little or no dividend payouts. |
● | High Yield Bonds (Junk Bonds). |
● | Income - ETFs that emphasize current income, either on a monthly or quarterly basis, as opposed to capital gains or appreciation. |
● | Multi-Sector Bond - ETFs that seek income by diversifying their assets among several fixed-income sectors, usually U.S. government obligations, U.S. corporate bonds, foreign bonds, and high-yield U.S. debt securities. |
● | Cash. |
The Adviser utilizes a proprietary technology that primarily analyzes the price of securities and ETFs and attempts to identify upward and downward trends. The price of a security is analyzed using multiple mathematical formulas. Each formula is combined to create a composite score for each potential investment and recommends when to buy and sell and how long to hold each security. The Adviser uses composite scores to create a portfolio, generally composed of approximately thirty ETFs. Between ETFs with similar ranks, those with lower expenses and higher liquidity are preferred by the Adviser. When an unexpected event occurs, the Adviser’s proprietary technology may signal a move of the entire portfolio to cash or ETFs that invest in money market funds. The Fund may invest in up to 100% of its assets in ETFs of a particular asset class or investment style. In managing the Fund’s portfolio, the Adviser will engage in frequent trading, resulting in a high portfolio turnover rate.
Adaptive Core in the Fund’s name refers to the ability of the Adviser’s proprietary technology to adapt to market conditions. The Fund’s proprietary technology allows the Adviser to shift the Fund’s portfolio from a growth to conservative position based on current market conditions.
RULE - Performance
Return Ranking - Trailing
Period | RULE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -24.7% | 108.5% | 96.84% |
1 Yr | 15.0% | -24.4% | 116.0% | N/A |
3 Yr | N/A* | -7.8% | 25.3% | N/A |
5 Yr | N/A* | -9.9% | 22.9% | N/A |
10 Yr | N/A* | -5.4% | 8.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | RULE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -39.0% | 92.4% | N/A |
2022 | -22.9% | -6.1% | 39.6% | N/A |
2021 | N/A | -21.9% | 14.5% | N/A |
2020 | N/A | -15.9% | 6.3% | N/A |
2019 | N/A | -12.6% | 61.5% | N/A |
Total Return Ranking - Trailing
Period | RULE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -24.7% | 108.5% | 99.21% |
1 Yr | 15.0% | -24.4% | 116.0% | N/A |
3 Yr | N/A* | -7.8% | 25.3% | N/A |
5 Yr | N/A* | -9.9% | 22.9% | N/A |
10 Yr | N/A* | -5.4% | 10.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RULE Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -39.0% | 92.4% | N/A |
2022 | -22.9% | -6.1% | 39.6% | N/A |
2021 | N/A | -21.9% | 14.5% | N/A |
2020 | N/A | -11.5% | 6.3% | N/A |
2019 | N/A | -12.6% | 61.5% | N/A |
RULE - Holdings
Concentration Analysis
RULE | Category Low | Category High | RULE % Rank | |
---|---|---|---|---|
Net Assets | 47.4 M | 658 K | 207 B | 91.30% |
Number of Holdings | 30 | 2 | 15351 | 85.99% |
Net Assets in Top 10 | 15.4 M | -6.38 M | 48.5 B | 82.26% |
Weighting of Top 10 | 38.22% | 8.4% | 100.0% | 21.22% |
Top 10 Holdings
- ADVANCED MICRO DEVICES INC 4.21%
- CROWDSTRIKE HOLDINGS INC 4.18%
- BROADCOM INC 3.87%
- LAM RESEARCH CORP 3.84%
- DEXCOM INC 3.75%
- KEYSIGHT TECHNOLOGIES INC 3.71%
- CENTENE CORPORATION 3.70%
- KLA CORP 3.67%
- BLACKSTONE INC 3.65%
- TRANE TECHNOLOGIES PLC 3.65%
Asset Allocation
Weighting | Return Low | Return High | RULE % Rank | |
---|---|---|---|---|
Stocks | 91.89% | 0.00% | 99.40% | 79.82% |
Cash | 1.62% | -16.75% | 158.07% | 2.31% |
Preferred Stocks | 0.00% | 0.00% | 27.92% | 85.09% |
Other | 0.00% | -6.69% | 48.03% | 79.31% |
Convertible Bonds | 0.00% | 0.00% | 23.84% | 34.58% |
Bonds | 0.00% | -82.31% | 116.75% | 88.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RULE % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 99.55% | 0.52% |
Technology | 0.00% | 0.00% | 48.68% | 99.36% |
Real Estate | 0.00% | 0.00% | 65.01% | 98.84% |
Industrials | 0.00% | 0.00% | 33.21% | 99.36% |
Healthcare | 0.00% | 0.00% | 39.78% | 1.16% |
Financial Services | 0.00% | 0.00% | 60.22% | 92.27% |
Energy | 0.00% | 0.00% | 85.65% | 6.83% |
Communication Services | 0.00% | 0.00% | 100.00% | 6.96% |
Consumer Defense | 0.00% | 0.00% | 22.62% | 8.38% |
Consumer Cyclical | 0.00% | 0.00% | 20.19% | 99.48% |
Basic Materials | 0.00% | 0.00% | 33.35% | 98.07% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RULE % Rank | |
---|---|---|---|---|
US | 91.89% | -1.65% | 98.67% | 41.77% |
Non US | 0.00% | -0.44% | 56.67% | 98.59% |
RULE - Expenses
Operational Fees
RULE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.10% | 0.06% | 7.62% | 53.92% |
Management Fee | 0.70% | 0.00% | 1.83% | 84.73% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
RULE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
RULE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RULE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 343.00% | N/A |
RULE - Distributions
Dividend Yield Analysis
RULE | Category Low | Category High | RULE % Rank | |
---|---|---|---|---|
Dividend Yield | 1.88% | 0.00% | 11.31% | 87.47% |
Dividend Distribution Analysis
RULE | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
RULE | Category Low | Category High | RULE % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.34% | 19.41% | N/A |
Capital Gain Distribution Analysis
RULE | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.410 | OrdinaryDividend |
Dec 29, 2022 | $0.002 | OrdinaryDividend |
RULE - Fund Manager Analysis
Managers
Dan Mohr
Start Date
Tenure
Tenure Rank
Nov 02, 2021
0.58
0.6%
Mr. Mohr founded Retireful, LLC in 2017 and serves as its chief executive officer. Prior to founding the Adviser, he served in various roles with Principal Financial Group from 2008 to 2017.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 34.51 | 6.26 | 2.41 |