Skip to content
Screener

MDIV vs HYLS

Multi-Asset Diversified Income Index Fund vs First Trust Tactical High Yield ETF

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

HYLS

First Trust Tactical High Yield ETF

Annual cost

0.69%

Fund size

$1.6B

Key differences

MDIV is a mixed asset ETF, while HYLS is a fixed income ETF. MDIV charges 0.71% a year and HYLS 0.69%.

  • MDIV is a mixed asset fund, while HYLS is a fixed income fund. They carry different risk/return profiles.
  • MDIV follows a active selection strategy; HYLS uses long short.
  • HYLS is much larger than MDIV. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVHYLS
Annual cost (TER)0.71%0.69%
Fund size (AUM)$411M$1.6B
Since20122013
Dividend yield6.38%6.70%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionlong short
CAGR 1Y+11.9%+5.0%
CAGR 3Y+12.2%+7.9%
CAGR 5Y+6.0%+2.9%
Sharpe 3Y0.930.87
Volatility 1Y6.76%3.51%
Max drawdown-48.50%-22.99%

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

Similar to MDIV and HYLS