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MSSS vs MDIV

Monarch Select Subsector ETF vs Multi-Asset Diversified Income Index Fund

MSSS

Monarch Select Subsector ETF

Monarch Funds

Annual cost

1.43%

Fund size

$128M

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

Key differences

  • MDIV costs 0.72% less per year.
  • MDIV is significantly larger than MSSS — larger funds tend to be more liquid and less likely to close.
  • MSSS is classified as equity, while MDIV is mixed asset — different risk/return profiles.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSSSMDIV
Annual cost (TER)1.43%0.71%
Fund size (AUM)$128M$417M
Since20242012
Dividend yield0.36%6.13%
Asset classequitymixed asset
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+23.3%+13.4%
CAGR 3YN/A+12.3%
CAGR 5YN/A+6.4%
Sharpe 3YN/A0.94
Volatility 1Y13.19%6.70%
Max drawdown-19.14%-48.50%

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

Similar to MSSS and MDIV