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IYLD vs MDIV

iShares Morningstar Multi-Asset Income ETF vs Multi-Asset Diversified Income Index Fund

IYLD

iShares Morningstar Multi-Asset Income ETF

iShares

Annual cost

0.50%

Fund size

$129M

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

Key differences

  • IYLD costs 0.21% less per year.
  • MDIV is significantly larger than IYLD — larger funds tend to be more liquid and less likely to close.
  • IYLD follows a active selection strategy; MDIV uses index tracking.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

IYLDMDIV
Annual cost (TER)0.50%0.71%
Fund size (AUM)$129M$417M
Since20122012
Dividend yield4.55%6.13%
Asset classmixed assetmixed asset
Region
Strategyactive selectionindex tracking
CAGR 1Y+14.3%+13.4%
CAGR 3Y+10.9%+12.3%
CAGR 5Y+3.6%+6.4%
Sharpe 3Y1.100.94
Volatility 1Y5.76%6.70%
Max drawdown-30.23%-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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