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MDIV vs TAXF

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

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

TAXF

American Century Diversified Municipal Bond ETF

Annual cost

0.27%

Fund size

$659M

Key differences

MDIV is a mixed asset ETF, while TAXF is a fixed income ETF. MDIV charges 0.71% a year and TAXF 0.27%.

  • MDIV is a mixed asset fund, while TAXF is a fixed income fund. They carry different risk/return profiles.
  • MDIV follows a index tracking strategy; TAXF uses active selection.
  • TAXF costs 0.44% 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

MDIVTAXF
Annual cost (TER)0.71%0.27%
Fund size (AUM)$411M$659M
Since20122018
Dividend yield6.38%3.77%
Asset classmixed assetfixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+12.3%+7.9%
CAGR 3Y+11.4%+4.1%
CAGR 5Y+5.9%+1.1%
Sharpe 3Y0.850.14
Volatility 1Y6.71%3.01%
Max drawdown-48.50%-13.94%

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

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