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MSMR vs MDIV

McElhenny Sheffield Managed Risk ETF vs Multi-Asset Diversified Income Index Fund

MSMR

McElhenny Sheffield Managed Risk ETF

MSCM Funds

Annual cost

1.06%

Fund size

$166M

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

Key differences

  • MDIV costs 0.35% less per year.
  • MSMR is classified as equity, while MDIV is mixed asset — different risk/return profiles.
  • MSMR follows a active selection strategy; MDIV uses index tracking.
  • Over the last 3 years, MSMR has delivered higher annualized returns.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSMRMDIV
Annual cost (TER)1.06%0.71%
Fund size (AUM)$166M$417M
Since20212012
Dividend yield1.88%6.13%
Asset classequitymixed asset
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+25.9%+13.4%
CAGR 3Y+20.5%+12.3%
CAGR 5YN/A+6.4%
Sharpe 3Y1.400.94
Volatility 1Y12.03%6.70%
Max drawdown-14.86%-48.50%

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

Similar to MSMR and MDIV