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MDIV vs IYLD

Multi-Asset Diversified Income Index Fund vs iShares Morningstar Multi-Asset Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

IYLD

iShares Morningstar Multi-Asset Income ETF

iShares

Annual cost

0.50%

Fund size

$129M

Key differences

  • IYLD costs 0.21% less per year.
  • MDIV is significantly larger than IYLD — larger funds tend to be more liquid and less likely to close.
  • MDIV follows a index tracking strategy; IYLD uses active selection.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVIYLD
Annual cost (TER)0.71%0.50%
Fund size (AUM)$417M$129M
Since20122012
Dividend yield6.13%4.55%
Asset classmixed assetmixed asset
Region
Strategyindex trackingactive selection
CAGR 1Y+13.4%+14.3%
CAGR 3Y+12.3%+10.9%
CAGR 5Y+6.4%+3.6%
Sharpe 3Y0.941.10
Volatility 1Y6.70%5.76%
Max drawdown-48.50%-30.23%

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

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