MFUL vs. ASET

Last updated Jun 3, 2026

MFUL (Mindful Conservative ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds. MFUL is actively managed, while ASET is passively managed. MFUL charges 1.10%/yr vs 0.57%/yr for ASET.

Performance

MFUL vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mindful Conservative ETF (MFUL) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MFUL

• 1D: 0.38%
• 1M: 1.61%
• YTD: 3.57%
• 6M: 3.81%
• 1Y: 7.53%
• 3Y*: 5.05%
• 5Y*: —
• 10Y*: —

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MFUL vs. ASET - Yearly Performance Comparison

	2026 (YTD)
MFUL Mindful Conservative ETF	1.79%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

MFUL vs. ASET - Sectors Allocation Comparison

Sectors	MFUL	ASET
Technology	25.8%	0.2%
Financial Services	10.7%	-
Industrials	9.9%	16.3%
Consumer Cyclical	8.7%	0.1%
Communication Services	8.4%	12.1%
Healthcare	8.4%	2.2%
Energy	8.0%	7.8%
Consumer Defensive	6.7%	1.1%
Utilities	5.5%	12.8%
Basic Materials	5.5%	5.8%
Real Estate	2.4%	41.6%

Return for Risk

MFUL vs. ASET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MFUL

MFUL Risk / Return Rank: 54
MFUL Sharpe Ratio Rank: 56
MFUL Sortino Ratio Rank: 56
MFUL Omega Ratio Rank: 61
MFUL Calmar Ratio Rank: 45
MFUL Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MFUL vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mindful Conservative ETF (MFUL) and FlexShares Real Assets Allocation Index Fund (ASET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MFUL	ASET	Difference
Sharpe ratio Return per unit of total volatility	1.93	—	—
Sortino ratio Return per unit of downside risk	2.74	—	—
Omega ratio Gain probability vs. loss probability	1.38	—	—
Calmar ratio Return relative to maximum drawdown	2.27	—	—
Martin ratio Return relative to average drawdown	8.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MFUL	ASET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	—	—

Drawdowns

MFUL vs. ASET - Drawdown Comparison

The maximum MFUL drawdown since its inception was -16.41%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MFUL and ASET.

Drawdown Indicators

	MFUL	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-16.41%	0.00%	-16.41%
Max Drawdown (1Y) Largest decline over 1 year	-3.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.74%	—	—
Current Drawdown Current decline from peak	-0.18%	0.00%	-0.18%
Average Drawdown Average peak-to-trough decline	-9.51%	0.00%	-9.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	—	—

Volatility

Volatility by Period

	MFUL	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.92%	0.00%	+3.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.24%	0.00%	+4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.24%	0.00%	+4.24%

MFUL vs. ASET - Expense Ratio Comparison

MFUL has a 1.10% expense ratio, which is higher than ASET's 0.57% expense ratio.

Dividends

MFUL vs. ASET - Dividend Comparison

MFUL's dividend yield for the trailing twelve months is around 3.00%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%
MFUL Mindful Conservative ETF	3.00%	3.31%	2.59%	5.00%	0.29%

Frequently Asked Questions

Which ETF is better, MFUL or ASET?

On fees, ASET is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MFUL or ASET?

ASET is cheaper with a 0.57% expense ratio, compared with 1.10% for MFUL.

Which ETF pays a higher dividend yield, MFUL or ASET?

MFUL has the higher dividend yield at 3.00%, compared with 0.00% for ASET.

What is the main difference between MFUL and ASET?

They also come from different issuers: Mohr Funds and Northern Trust. Their fees differ too: 1.10% for MFUL and 0.57% for ASET.