Screener
MTBA vs MDIV
Simplify MBS ETF vs Multi-Asset Diversified Income Index Fund
Key differences
MTBA is a fixed income ETF, while MDIV is a mixed asset ETF. MTBA charges 0.15% a year and MDIV 0.71%.
- MTBA is a fixed income fund, while MDIV is a mixed asset fund. They carry different risk/return profiles.
- MTBA follows a multi strategy strategy; MDIV uses index tracking.
- MTBA costs 0.56% less per year.
- MTBA is much larger than MDIV. Larger funds are usually more liquid and less likely to close.
- MDIV has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| MTBA | MDIV | |
|---|---|---|
| Annual cost (TER) | 0.15% | 0.71% |
| Fund size (AUM) | $1.6B | $411M |
| Since | 2023 | 2012 |
| Dividend yield | 5.52% | 6.38% |
| Asset class | fixed income | mixed asset |
| Region | north america | north america |
| Strategy | multi strategy | index tracking |
| CAGR 1Y | +4.9% | +12.2% |
| CAGR 3Y | N/A | +11.9% |
| CAGR 5Y | N/A | +5.9% |
| Sharpe 3Y | N/A | 0.91 |
| Volatility 1Y | 3.05% | 6.75% |
| Max drawdown | -3.48% | -48.50% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.