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MDIV vs HYBX

Multi-Asset Diversified Income Index Fund vs TCW High Yield Bond ETF

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

HYBX

TCW High Yield Bond ETF

Annual cost

0.50%

Fund size

$32M

Key differences

MDIV is a mixed asset ETF, while HYBX is a fixed income ETF. MDIV charges 0.71% a year and HYBX 0.50%.

  • MDIV is a mixed asset fund, while HYBX is a fixed income fund. They carry different risk/return profiles.
  • MDIV covers North America; HYBX covers global markets excluding the US.
  • HYBX costs 0.21% less per year.
  • MDIV is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVHYBX
Annual cost (TER)0.71%0.50%
Fund size (AUM)$411M$32M
Since20121993
Dividend yield6.38%7.53%
Asset classmixed assetfixed income
Regionnorth americaglobal ex us
Strategyactive selectionactive selection
CAGR 1Y+11.9%+5.5%
CAGR 3Y+12.2%N/A
CAGR 5Y+6.0%N/A
Sharpe 3Y0.93N/A
Volatility 1Y6.76%6.64%
Max drawdown-48.50%-3.93%

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

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