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MDIV vs MUSI

Multi-Asset Diversified Income Index Fund vs American Century Multisector Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

MUSI

American Century Multisector Income ETF

American Century Investments

Annual cost

0.38%

Fund size

$214M

Key differences

  • MUSI costs 0.33% less per year.
  • MDIV is classified as mixed asset, while MUSI is fixed income — different risk/return profiles.
  • MDIV follows a index tracking strategy; MUSI uses active selection.
  • Over the last 3 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

MDIVMUSI
Annual cost (TER)0.71%0.38%
Fund size (AUM)$417M$214M
Since20122021
Dividend yield6.13%5.74%
Asset classmixed assetfixed income
Region
Strategyindex trackingactive selection
CAGR 1Y+13.4%+6.5%
CAGR 3Y+12.3%+6.0%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.940.51
Volatility 1Y6.70%3.35%
Max drawdown-48.50%-13.91%

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

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