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MDIV vs FTBI

Multi-Asset Diversified Income Index Fund vs First Trust Balanced Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

Key differences

  • MDIV costs 0.26% less per year.
  • MDIV is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVFTBI
Annual cost (TER)0.71%0.97%
Fund size (AUM)$417M$20M
Since20122025
Dividend yield6.13%
Asset classmixed assetmixed asset
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.2%N/A
CAGR 3Y+12.1%N/A
CAGR 5Y+6.4%N/A
Sharpe 3Y0.92N/A
Volatility 1Y6.71%
Max drawdown-48.50%-5.34%

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

Similar to MDIV and FTBI