Skip to content
Beacon
Screener

MDIV vs MULT

Multi-Asset Diversified Income Index Fund vs Franklin Multisector Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

MULT

Franklin Multisector Income ETF

Franklin Templeton Investments

Annual cost

0.39%

Fund size

$15M

Key differences

  • MULT costs 0.32% less per year.
  • MDIV is significantly larger than MULT — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while MULT is fixed income — different risk/return profiles.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVMULT
Annual cost (TER)0.71%0.39%
Fund size (AUM)$417M$15M
Since20122025
Dividend yield6.13%
Asset classmixed assetfixed income
Regionemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+13.4%N/A
CAGR 3Y+12.3%N/A
CAGR 5Y+6.4%N/A
Sharpe 3Y0.94N/A
Volatility 1Y6.70%
Max drawdown-48.50%-1.70%

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

Similar to MDIV and MULT