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MDIV vs FUSI

Multi-Asset Diversified Income Index Fund vs American Century Multisector Floating Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

FUSI

American Century Multisector Floating Income ETF

American Century Investments

Annual cost

0.27%

Fund size

$23M

Key differences

  • FUSI costs 0.44% less per year.
  • MDIV is significantly larger than FUSI — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while FUSI is alternative — different risk/return profiles.
  • MDIV follows a index tracking strategy; FUSI uses tactical allocation.
  • 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

MDIVFUSI
Annual cost (TER)0.71%0.27%
Fund size (AUM)$417M$23M
Since20122023
Dividend yield6.13%5.44%
Asset classmixed assetalternative
Regionnorth america
Strategyindex trackingtactical allocation
CAGR 1Y+13.4%+5.5%
CAGR 3Y+12.3%+6.0%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.942.07
Volatility 1Y6.70%0.90%
Max drawdown-48.50%-0.70%

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

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