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FTBI vs MDIV

First Trust Balanced Income ETF vs Multi-Asset Diversified Income Index Fund

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

Key differences

  • MDIV costs 0.26% less per year.
  • MDIV is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBIMDIV
Annual cost (TER)0.97%0.71%
Fund size (AUM)$20M$417M
Since20252012
Dividend yield6.13%
Asset classmixed assetmixed asset
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+13.2%
CAGR 3YN/A+12.1%
CAGR 5YN/A+6.4%
Sharpe 3YN/A0.92
Volatility 1Y6.71%
Max drawdown-5.34%-48.50%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FTBI and MDIV