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MDIV vs GSY

Multi-Asset Diversified Income Index Fund vs Invesco Ultra Short Duration ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

GSY

Invesco Ultra Short Duration ETF

Invesco

Annual cost

0.22%

Fund size

$3.5B

Key differences

  • GSY costs 0.49% less per year.
  • GSY is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while GSY is fixed income — different risk/return profiles.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVGSY
Annual cost (TER)0.71%0.22%
Fund size (AUM)$417M$3.5B
Since20122008
Dividend yield6.13%4.38%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.4%+4.6%
CAGR 3Y+12.3%+5.4%
CAGR 5Y+6.4%+3.6%
Sharpe 3Y0.943.35
Volatility 1Y6.70%0.40%
Max drawdown-48.50%-5.25%

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

Similar to MDIV and GSY