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MDIV vs ZTOP

Multi-Asset Diversified Income Index Fund vs F/m High Yield 100 ETF

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

ZTOP

F/m High Yield 100 ETF

F/m investments, LLC

Annual cost

0.39%

Fund size

$16M

Key differences

  • ZTOP costs 0.32% less per year.
  • MDIV is significantly larger than ZTOP — larger funds tend to be more liquid and less likely to close.
  • MDIV is classified as mixed asset, while ZTOP is fixed income — different risk/return profiles.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MDIVZTOP
Annual cost (TER)0.71%0.39%
Fund size (AUM)$417M$16M
Since20122025
Dividend yield6.13%6.29%
Asset classmixed assetfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+13.2%+7.6%
CAGR 3Y+12.1%N/A
CAGR 5Y+6.4%N/A
Sharpe 3Y0.92N/A
Volatility 1Y6.71%3.34%
Max drawdown-48.50%-2.52%

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

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