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MDIV vs CGSD

Multi-Asset Diversified Income Index Fund vs Capital Group Short Duration Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

CGSD

Capital Group Short Duration Income ETF

Capital Group

Annual cost

0.25%

Fund size

$2.2B

Key differences

  • CGSD costs 0.46% less per year.
  • CGSD is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while CGSD is fixed income — different risk/return profiles.
  • MDIV follows a index tracking strategy; CGSD uses active selection.
  • 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

MDIVCGSD
Annual cost (TER)0.71%0.25%
Fund size (AUM)$417M$2.2B
Since20122022
Dividend yield6.13%4.48%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+13.4%+4.4%
CAGR 3Y+12.3%+5.0%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.940.70
Volatility 1Y6.70%1.46%
Max drawdown-48.50%-1.75%

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

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