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MDIV vs CRDT

Multi-Asset Diversified Income Index Fund vs Simplify Opportunistic Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

CRDT

Simplify Opportunistic Income ETF

Simplify Asset Management

Annual cost

0.99%

Fund size

$38M

Key differences

  • MDIV costs 0.28% less per year.
  • MDIV is significantly larger than CRDT — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while CRDT is fixed income — different risk/return profiles.
  • MDIV follows a index tracking strategy; CRDT uses active selection.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVCRDT
Annual cost (TER)0.71%0.99%
Fund size (AUM)$417M$38M
Since20122023
Dividend yield6.13%6.51%
Asset classmixed assetfixed income
Region
Strategyindex trackingactive selection
CAGR 1Y+13.2%+0.8%
CAGR 3Y+12.1%N/A
CAGR 5Y+6.4%N/A
Sharpe 3Y0.92N/A
Volatility 1Y6.71%8.52%
Max drawdown-48.50%-9.80%

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

Similar to MDIV and CRDT