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
US33738R1005
33738R100
Aug 14, 2012
North America (U.S.)
1x
NASDAQ US Multi-Asset Diversified Income Index
Multi-Cap
Blend
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 12.31% year-to-date (YTD) and 18.47% in the last 12 months. Over the past 10 years, First Trust Multi-Asset Diversified Income Index Fund had an annualized return of 3.46%, while the S&P 500 had an annualized return of 11.16%, indicating that First Trust Multi-Asset Diversified Income Index Fund did not perform as well as the benchmark.
MDIV
12.31%
0.91%
10.03%
18.47%
4.38%
3.46%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of MDIV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.49% | 0.64% | 2.49% | -0.82% | 1.81% | 0.12% | 4.01% | 1.71% | 1.63% | -1.44% | 12.31% | ||
| 2023 | 7.08% | -3.00% | -4.00% | 0.63% | -3.03% | 3.62% | 5.22% | -2.03% | -1.19% | -1.90% | 7.00% | 3.88% | 11.97% |
| 2022 | 1.29% | -0.94% | 2.59% | -3.32% | 3.47% | -8.57% | 8.39% | -2.71% | -8.21% | 6.27% | 3.15% | -3.74% | -3.86% |
| 2021 | 1.08% | 2.38% | 5.18% | 4.02% | 0.97% | 1.24% | -0.63% | -0.36% | -1.04% | 2.25% | -3.12% | 3.73% | 16.51% |
| 2020 | -2.42% | -8.38% | -28.85% | 14.99% | 3.43% | -0.33% | 2.35% | 2.04% | -4.62% | 0.85% | 10.26% | 1.96% | -14.84% |
| 2019 | 8.52% | 1.21% | 1.04% | 1.85% | -2.36% | 2.73% | 0.97% | -2.42% | 2.59% | 0.65% | 0.05% | 2.76% | 18.59% |
| 2018 | 0.67% | -4.47% | -0.49% | 1.71% | 1.98% | 0.24% | 2.17% | 0.84% | -0.39% | -2.73% | 0.04% | -5.18% | -5.78% |
| 2017 | 2.23% | 1.68% | -0.30% | 0.47% | -0.68% | 0.27% | 1.02% | -0.68% | 0.63% | -0.82% | 0.60% | 1.11% | 5.61% |
| 2016 | -4.04% | 1.25% | 5.97% | 3.23% | 1.39% | 1.28% | 2.15% | 0.32% | -2.98% | -2.70% | 2.15% | 3.08% | 11.19% |
| 2015 | 0.20% | 1.88% | -1.55% | 0.47% | -0.52% | -4.15% | 0.42% | -3.17% | -3.82% | 4.94% | -2.34% | -1.12% | -8.75% |
| 2014 | 0.57% | 2.20% | 1.54% | 1.92% | 1.96% | 1.94% | -2.78% | 3.82% | -3.43% | 2.11% | -0.26% | -1.52% | 8.08% |
| 2013 | 5.48% | 1.45% | 3.96% | 2.36% | -3.71% | -0.85% | 1.49% | -3.34% | 1.42% | 2.47% | -0.33% | 0.22% | 10.68% |
Expense Ratio
MDIV features an expense ratio of 0.73%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MDIV is 85, placing it in the top 15% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 provided a 5.66% dividend yield over the last twelve months, with an annual payout of $0.94 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.94 | $1.01 | $1.00 | $0.88 | $0.90 | $1.11 | $1.14 | $1.15 | $1.22 | $1.13 | $1.22 | $1.18 |
Dividend yield | 5.66% | 6.47% | 6.70% | 5.31% | 6.01% | 5.91% | 6.76% | 6.05% | 6.36% | 6.16% | 5.74% | 5.68% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.07 | $0.07 | $0.13 | $0.06 | $0.09 | $0.09 | $0.05 | $0.12 | $0.10 | $0.07 | $0.00 | $0.85 | |
| 2023 | $0.06 | $0.07 | $0.14 | $0.02 | $0.17 | $0.07 | $0.05 | $0.09 | $0.10 | $0.05 | $0.11 | $0.10 | $1.01 |
| 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 | $1.00 |
| 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 | $0.88 |
| 2020 | $0.09 | $0.12 | $0.08 | $0.04 | $0.11 | $0.07 | $0.04 | $0.09 | $0.06 | $0.08 | $0.07 | $0.06 | $0.90 |
| 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 | $1.11 |
| 2018 | $0.09 | $0.11 | $0.12 | $0.05 | $0.12 | $0.14 | $0.06 | $0.08 | $0.10 | $0.05 | $0.14 | $0.10 | $1.14 |
| 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 | $1.15 |
| 2016 | $0.07 | $0.14 | $0.11 | $0.09 | $0.12 | $0.13 | $0.10 | $0.11 | $0.10 | $0.07 | $0.08 | $0.11 | $1.22 |
| 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 | $1.13 |
| 2014 | $0.06 | $0.11 | $0.14 | $0.08 | $0.13 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.08 | $0.12 | $1.22 |
| 2013 | $0.13 | $0.08 | $0.08 | $0.13 | $0.07 | $0.10 | $0.14 | $0.15 | $0.09 | $0.05 | $0.19 | $1.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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.
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 2.06%, 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.