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MDIV vs FLCB

Multi-Asset Diversified Income Index Fund vs Franklin U.S. Core Bond ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

FLCB

Franklin U.S. Core Bond ETF

Franklin Templeton Investments

Annual cost

0.15%

Fund size

$2.9B

Key differences

  • FLCB costs 0.56% less per year.
  • FLCB is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while FLCB 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

MDIVFLCB
Annual cost (TER)0.71%0.15%
Fund size (AUM)$417M$2.9B
Since20122019
Dividend yield6.13%4.23%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.2%+5.7%
CAGR 3Y+12.1%+4.1%
CAGR 5Y+6.4%+0.1%
Sharpe 3Y0.920.11
Volatility 1Y6.71%3.89%
Max drawdown-48.50%-18.82%

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

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