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MDIV vs HIGH

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

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

HIGH

Simplify Enhanced Income ETF

Annual cost

0.50%

Fund size

$75M

Key differences

MDIV is a mixed asset ETF, while HIGH is an alternative ETF. MDIV charges 0.71% a year and HIGH 0.50%.

  • MDIV is a mixed asset fund, while HIGH is an alternative fund. They carry different risk/return profiles.
  • MDIV follows a index tracking strategy; HIGH uses option income.
  • HIGH costs 0.21% less per year.
  • MDIV is much larger than HIGH. Larger funds are usually more liquid and less likely to close.
  • Over the last three 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

MDIVHIGH
Annual cost (TER)0.71%0.50%
Fund size (AUM)$411M$75M
Since20122022
Dividend yield6.38%7.33%
Asset classmixed assetalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+12.2%-4.0%
CAGR 3Y+11.9%+2.6%
CAGR 5Y+5.9%N/A
Sharpe 3Y0.91-0.05
Volatility 1Y6.75%8.79%
Max drawdown-48.50%-9.50%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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