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MDIV vs BRLN

Multi-Asset Diversified Income Index Fund vs iShares Floating Rate Loan Active ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

BRLN

iShares Floating Rate Loan Active ETF

iShares

Annual cost

0.55%

Fund size

$54M

Key differences

  • BRLN costs 0.16% less per year.
  • MDIV is significantly larger than BRLN — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while BRLN is fixed income — different risk/return profiles.
  • Over the last 3 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

MDIVBRLN
Annual cost (TER)0.71%0.55%
Fund size (AUM)$417M$54M
Since20122022
Dividend yield6.13%6.51%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.4%+5.1%
CAGR 3Y+12.3%+7.5%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.941.09
Volatility 1Y6.70%3.03%
Max drawdown-48.50%-3.85%

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

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