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MDIV vs TFLO

Multi-Asset Diversified Income Index Fund vs iShares Treasury Floating Rate Bond ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

TFLO

iShares Treasury Floating Rate Bond ETF

iShares

Annual cost

0.15%

Fund size

$6.7B

Key differences

  • TFLO costs 0.56% less per year.
  • TFLO is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while TFLO is fixed income — different risk/return profiles.
  • Over the last 3 years, MDIV has delivered higher annualized returns.

Side-by-side comparison

MDIVTFLO
Annual cost (TER)0.71%0.15%
Fund size (AUM)$417M$6.7B
Since20122014
Dividend yield6.13%3.99%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.4%+4.1%
CAGR 3Y+12.3%+4.8%
CAGR 5Y+6.4%+3.6%
Sharpe 3Y0.943.59
Volatility 1Y6.70%0.29%
Max drawdown-48.50%-0.16%

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

Similar to MDIV and TFLO