First Trust Multi-Asset Diversified Income Index Fund (MDIV)
MDIV is a passive ETF by First Trust tracking the investment results of the NASDAQ US Multi-Asset Diversified Income Index. MDIV launched on Aug 14, 2012 and has a 0.73% expense ratio.
ETF Info
ISIN | US33738R1005 |
---|---|
CUSIP | 33738R100 |
Issuer | First Trust |
Inception Date | Aug 14, 2012 |
Region | North America (U.S.) |
Category | Diversified Portfolio |
Index Tracked | NASDAQ US Multi-Asset Diversified Income Index |
Home Page | www.ftportfolios.com |
Asset Class | Multi-Asset |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
MDIV has a high expense ratio of 0.73%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in First Trust Multi-Asset Diversified Income Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
First Trust Multi-Asset Diversified Income Index Fund had a return of 2.34% year-to-date (YTD) and 16.90% in the last 12 months. Over the past 10 years, First Trust Multi-Asset Diversified Income Index Fund had an annualized return of 2.90%, while the S&P 500 had an annualized return of 10.33%, indicating that First Trust Multi-Asset Diversified Income Index Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 2.34% | 5.21% |
1 month | -0.36% | -4.30% |
6 months | 12.65% | 18.42% |
1 year | 16.90% | 21.82% |
5 years (annualized) | 2.73% | 11.27% |
10 years (annualized) | 2.90% | 10.33% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.49% | 0.64% | 2.49% | -0.81% | ||||||||
2023 | -1.90% | 7.00% | 3.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MDIV is 73, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
First Trust Multi-Asset Diversified Income Index Fund(MDIV)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for First Trust Multi-Asset Diversified Income Index Fund (MDIV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
First Trust Multi-Asset Diversified Income Index Fund granted a 6.72% dividend yield in the last twelve months. The annual payout for that period amounted to $1.05 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.05 | $1.01 | $1.00 | $0.88 | $0.90 | $1.11 | $1.14 | $1.15 | $1.21 | $1.13 | $1.22 | $1.18 |
Dividend yield | 6.72% | 6.47% | 6.71% | 5.30% | 6.00% | 5.90% | 6.76% | 6.04% | 6.35% | 6.16% | 5.73% | 5.67% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Multi-Asset Diversified Income Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.07 | $0.07 | $0.12 | $0.06 | ||||||||
2023 | $0.06 | $0.07 | $0.14 | $0.02 | $0.16 | $0.07 | $0.05 | $0.09 | $0.10 | $0.05 | $0.11 | $0.10 |
2022 | $0.06 | $0.07 | $0.09 | $0.05 | $0.11 | $0.10 | $0.03 | $0.11 | $0.12 | $0.06 | $0.09 | $0.11 |
2021 | $0.08 | $0.07 | $0.05 | $0.06 | $0.08 | $0.07 | $0.06 | $0.08 | $0.08 | $0.06 | $0.10 | $0.09 |
2020 | $0.09 | $0.12 | $0.08 | $0.04 | $0.11 | $0.06 | $0.04 | $0.09 | $0.06 | $0.08 | $0.07 | $0.06 |
2019 | $0.06 | $0.13 | $0.10 | $0.06 | $0.11 | $0.10 | $0.06 | $0.12 | $0.09 | $0.06 | $0.13 | $0.09 |
2018 | $0.09 | $0.11 | $0.12 | $0.05 | $0.12 | $0.14 | $0.06 | $0.08 | $0.10 | $0.05 | $0.13 | $0.10 |
2017 | $0.07 | $0.09 | $0.11 | $0.06 | $0.09 | $0.11 | $0.06 | $0.10 | $0.14 | $0.06 | $0.16 | $0.11 |
2016 | $0.06 | $0.14 | $0.11 | $0.09 | $0.12 | $0.13 | $0.10 | $0.11 | $0.10 | $0.07 | $0.08 | $0.10 |
2015 | $0.14 | $0.11 | $0.06 | $0.03 | $0.11 | $0.08 | $0.09 | $0.09 | $0.13 | $0.07 | $0.12 | $0.10 |
2014 | $0.06 | $0.11 | $0.14 | $0.08 | $0.12 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.08 | $0.12 |
2013 | $0.13 | $0.08 | $0.08 | $0.13 | $0.07 | $0.10 | $0.14 | $0.15 | $0.09 | $0.05 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Multi-Asset Diversified Income Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Multi-Asset Diversified Income Index Fund was 48.51%, occurring on Mar 18, 2020. Recovery took 459 trading sessions.
The current First Trust Multi-Asset Diversified Income Index Fund drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-48.51% | Jan 17, 2020 | 42 | Mar 18, 2020 | 459 | Jan 11, 2022 | 501 |
-20.71% | Sep 2, 2014 | 365 | Feb 11, 2016 | 144 | Sep 7, 2016 | 509 |
-13.02% | Feb 3, 2023 | 34 | Mar 23, 2023 | 176 | Dec 4, 2023 | 210 |
-12.63% | Apr 21, 2022 | 112 | Sep 29, 2022 | 86 | Feb 2, 2023 | 198 |
-12.38% | Aug 22, 2018 | 86 | Dec 24, 2018 | 37 | Feb 19, 2019 | 123 |
Volatility
Volatility Chart
The current First Trust Multi-Asset Diversified Income Index Fund volatility is 2.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.