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KORP vs MDIV

American Century Diversified Corporate Bond ETF vs Multi-Asset Diversified Income Index Fund

KORP

American Century Diversified Corporate Bond ETF

Annual cost

0.29%

Fund size

$816M

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

Key differences

KORP is a fixed income ETF, while MDIV is a mixed asset ETF. KORP charges 0.29% a year and MDIV 0.71%.

  • KORP is a fixed income fund, while MDIV is a mixed asset fund. They carry different risk/return profiles.
  • KORP follows a active selection strategy; MDIV uses index tracking.
  • KORP costs 0.42% less per year.
  • Over the last three years, MDIV has delivered higher annualized returns.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KORPMDIV
Annual cost (TER)0.29%0.71%
Fund size (AUM)$816M$411M
Since20182012
Dividend yield5.09%6.38%
Asset classfixed incomemixed asset
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+12.2%
CAGR 3Y+5.7%+11.9%
CAGR 5Y+1.7%+5.9%
Sharpe 3Y0.390.91
Volatility 1Y4.31%6.75%
Max drawdown-14.90%-48.50%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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