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TAXF vs MDIV

American Century Diversified Municipal Bond ETF vs Multi-Asset Diversified Income Index Fund

TAXF

American Century Diversified Municipal Bond ETF

Annual cost

0.27%

Fund size

$659M

MDIV

Multi-Asset Diversified Income Index Fund

Annual cost

0.71%

Fund size

$411M

Key differences

TAXF is a fixed income ETF, while MDIV is a mixed asset ETF. TAXF charges 0.27% a year and MDIV 0.71%.

  • TAXF is a fixed income fund, while MDIV is a mixed asset fund. They carry different risk/return profiles.
  • TAXF follows a active selection strategy; MDIV uses index tracking.
  • TAXF costs 0.44% less per year.
  • 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

TAXFMDIV
Annual cost (TER)0.27%0.71%
Fund size (AUM)$659M$411M
Since20182012
Dividend yield3.77%6.38%
Asset classfixed incomemixed asset
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+8.0%+12.2%
CAGR 3Y+4.1%+11.9%
CAGR 5Y+1.1%+5.9%
Sharpe 3Y0.120.91
Volatility 1Y3.00%6.75%
Max drawdown-13.94%-48.50%

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

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