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MDIV vs KORP

Multi-Asset Diversified Income Index Fund vs American Century Diversified Corporate Bond ETF

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

KORP

American Century Diversified Corporate Bond ETF

Annual cost

0.29%

Fund size

$816M

Key differences

MDIV is a mixed asset ETF, while KORP is a fixed income ETF. MDIV charges 0.71% a year and KORP 0.29%.

  • MDIV is a mixed asset fund, while KORP is a fixed income fund. They carry different risk/return profiles.
  • MDIV follows a index tracking strategy; KORP uses active selection.
  • KORP costs 0.42% less per year.
  • 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

MDIVKORP
Annual cost (TER)0.71%0.29%
Fund size (AUM)$411M$816M
Since20122018
Dividend yield6.38%5.09%
Asset classmixed assetfixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+12.2%+6.0%
CAGR 3Y+11.9%+5.7%
CAGR 5Y+5.9%+1.7%
Sharpe 3Y0.910.39
Volatility 1Y6.75%4.31%
Max drawdown-48.50%-14.90%

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

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