Mindful Conservative ETF (MFUL) Performance
MFUL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.8% since Dec 31, 2025
- 1 year
- +0.6% total return
- 3 years
- +5.1% a year
- Since first price
- −0.5% a year since 2021
MFUL trailing returns vs AGG, TLT, SPY
| Period | MFUL total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.2% | −1.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.5% | −1.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.7% | −0.7% | −1.5% | −3.8% | +7.8% |
| YTD | +0.8% | +0.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.6% | −1.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +16.0%+5.1%/yr | +4.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionNov 3, 2021 | −2.2%−0.5%/yr | −12.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MFUL vs AGG
From Nov 3, 2021: MFUL grew to $9,776, AGG to $9,881.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MFUL returns by calendar year
3 of 4 full years positive. Best 2024 (+5.4%), worst 2022 (−12.5%). 2026 is year to date.
MFUL annual returns table
| Year | MFUL | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.8% | −3.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.5% | −4.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.4% | −2.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +2.2% | −4.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.5% | −12.9% | −13.0% | −31.2% | −18.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MFUL largest drawdowns
Now 3.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 5, 2021 | −16.4% | Oct 27, 2023 | Aug 12, 2026 | 2.0 years | 4.8 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
MFUL risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +5.0% | +0.1% |
| Volatility (annualized) | 4.5% | 5.0% |
| Sharpe ratio | 0.13 | -0.74 |
| Sortino ratio | 0.18 | -0.83 |
| Best month | +2.8% | +2.8% |
| Worst month | −2.6% | −4.7% |
| Best 12 months | +9.9% | +9.9% |
| Worst 12 months | +1.5% | −12.5% |
| Positive months | 64% | 55% |
| Beta vs S&P 500 | 0.30 | — |
| Correlation with S&P 500 | 0.84 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MFUL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −12.5% | +3.9% | +9.9% | 81% |
| 3-year (a year) | 24 | −1.9% | +4.1% | +5.1% | 88% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
MFUL performance overview
Mindful Conservative ETF (MFUL) returned +0.6% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.5% a year, turning $10,000 into about $9,776. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.4%, from Nov 5, 2021 to Oct 27, 2023, and it took 2.8 years to get back to the old high. MFUL finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+5.4%) and the worst 2022 (−12.5%). Volatility has been 5.0% a year.
Related: MFUL chart, MFUL holdings, MFUL dividends, MFUL bond profile. See the MFUL overview for the latest quote and fund facts.
MFUL performance FAQ
What is the MFUL return over the past year?
MFUL returned +0.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.2%.
How much would $10,000 invested in MFUL be worth?
$10,000 invested in MFUL at its first recorded close on November 3, 2021 would be worth about $9,776 on October 23, 2026 with distributions reinvested.
What was the worst year for MFUL?
The worst calendar year was 2022, with a total return of −12.5%. The best was 2024 at +5.4%.
What is the biggest drawdown of MFUL?
The largest peak-to-trough decline was −16.4% between November 5, 2021 and October 27, 2023. It recovered to the old high on August 12, 2026, 2.8 years after the bottom.
How volatile is MFUL?
Over the past 3 years MFUL had an annualized volatility of 4.5% and a Sharpe ratio of 0.13 (excess return over 1–3 month T-bills per unit of risk).