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MDIV vs XNAV

Multi-Asset Diversified Income Index Fund vs FundX Aggressive ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

Key differences

  • MDIV costs 0.56% less per year.
  • MDIV is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while XNAV is alternative — different risk/return profiles.
  • MDIV follows a index tracking strategy; XNAV uses active selection.
  • Over the last 3 years, XNAV has delivered higher annualized returns.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVXNAV
Annual cost (TER)0.71%1.27%
Fund size (AUM)$417M$31M
Since20122002
Dividend yield6.13%0.51%
Asset classmixed assetalternative
Region
Strategyindex trackingactive selection
CAGR 1Y+13.4%+41.8%
CAGR 3Y+12.3%+24.6%
CAGR 5Y+6.4%N/A
Sharpe 3Y0.941.06
Volatility 1Y6.70%16.40%
Max drawdown-48.50%-24.27%

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

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