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MDIV vs BAB

Multi-Asset Diversified Income Index Fund vs Invesco Taxable Municipal Bond ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • BAB costs 0.43% less per year.
  • MDIV is classified as mixed asset, while BAB is fixed income — different risk/return profiles.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVBAB
Annual cost (TER)0.71%0.28%
Fund size (AUM)$417M$1.0B
Since20122009
Dividend yield6.13%4.05%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.4%+7.7%
CAGR 3Y+12.3%+4.0%
CAGR 5Y+6.4%-0.4%
Sharpe 3Y0.940.08
Volatility 1Y6.70%5.97%
Max drawdown-48.50%-27.80%

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

Similar to MDIV and BAB