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CVY vs MDIV
Invesco Zacks Multi-Asset Income ETF vs Multi-Asset Diversified Income Index Fund
Key differences
- MDIV costs 0.50% less per year.
- MDIV is significantly larger than CVY — larger funds tend to be more liquid and less likely to close.
- CVY follows a active selection strategy; MDIV uses index tracking.
- Over the last 3 years, CVY has delivered higher annualized returns.
- CVY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CVY | MDIV | |
|---|---|---|
| Annual cost (TER) | 1.21% | 0.71% |
| Fund size (AUM) | $119M | $417M |
| Since | 2006 | 2012 |
| Dividend yield | 3.74% | 6.13% |
| Asset class | mixed asset | mixed asset |
| Region | global | — |
| Strategy | active selection | index tracking |
| CAGR 1Y | +20.4% | +13.4% |
| CAGR 3Y | +16.2% | +12.3% |
| CAGR 5Y | +7.2% | +6.4% |
| Sharpe 3Y | 0.88 | 0.94 |
| Volatility 1Y | 11.04% | 6.70% |
| Max drawdown | -50.47% | -48.50% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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