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MDIV vs XRMI

Multi-Asset Diversified Income Index Fund vs Global X S&P 500 Risk Managed Income ETF

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

XRMI

Global X S&P 500 Risk Managed Income ETF

Annual cost

0.60%

Fund size

$50M

Key differences

MDIV is a mixed asset ETF, while XRMI is an alternative ETF. MDIV charges 0.71% a year and XRMI 0.60%.

  • MDIV is a mixed asset fund, while XRMI is an alternative fund. They carry different risk/return profiles.
  • MDIV follows a index tracking strategy; XRMI uses option income.
  • XRMI costs 0.11% less per year.
  • MDIV is much larger than XRMI. Larger funds are usually more liquid and less likely to close.
  • 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

MDIVXRMI
Annual cost (TER)0.71%0.60%
Fund size (AUM)$411M$50M
Since20122021
Dividend yield6.38%12.62%
Asset classmixed assetalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+12.2%+8.8%
CAGR 3Y+11.9%+6.5%
CAGR 5Y+5.9%N/A
Sharpe 3Y0.910.46
Volatility 1Y6.75%5.43%
Max drawdown-48.50%-15.36%

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

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