EAOK vs. MDIV
Compare and contrast key facts about iShares ESG Aware Conservative Allocation ETF (EAOK) and First Trust Multi-Asset Diversified Income Index Fund (MDIV).
EAOK and MDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EAOK is a passively managed fund by iShares that tracks the performance of the BlackRock ESG Aware Conservative Allocation Index. It was launched on Jun 12, 2020. MDIV is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Multi-Asset Diversified Income Index. It was launched on Aug 14, 2012. Both EAOK and MDIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EAOK vs. MDIV - Performance Comparison
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EAOK vs. MDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EAOK iShares ESG Aware Conservative Allocation ETF | -0.44% | 11.47% | 5.81% | 10.13% | -14.92% | 4.32% | 8.01% |
MDIV First Trust Multi-Asset Diversified Income Index Fund | 4.58% | 3.77% | 10.05% | 11.50% | -3.86% | 16.51% | 8.33% |
Returns By Period
In the year-to-date period, EAOK achieves a -0.44% return, which is significantly lower than MDIV's 4.58% return.
EAOK
- 1D
- 0.27%
- 1M
- -2.46%
- YTD
- -0.44%
- 6M
- 0.86%
- 1Y
- 9.22%
- 3Y*
- 7.39%
- 5Y*
- 2.78%
- 10Y*
- —
MDIV
- 1D
- -0.01%
- 1M
- -2.26%
- YTD
- 4.58%
- 6M
- 3.63%
- 1Y
- 5.03%
- 3Y*
- 10.12%
- 5Y*
- 6.28%
- 10Y*
- 5.01%
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EAOK vs. MDIV - Expense Ratio Comparison
EAOK has a 0.18% expense ratio, which is lower than MDIV's 0.73% expense ratio.
Return for Risk
EAOK vs. MDIV — Risk / Return Rank
EAOK
MDIV
EAOK vs. MDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware Conservative Allocation ETF (EAOK) and First Trust Multi-Asset Diversified Income Index Fund (MDIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EAOK | MDIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 0.52 | +0.91 |
Sortino ratioReturn per unit of downside risk | 2.07 | 0.75 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.11 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.13 | 0.61 | +1.52 |
Martin ratioReturn relative to average drawdown | 8.42 | 2.45 | +5.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EAOK | MDIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 0.52 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.57 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.33 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.33 | +0.23 |
Correlation
The correlation between EAOK and MDIV is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EAOK vs. MDIV - Dividend Comparison
EAOK's dividend yield for the trailing twelve months is around 3.24%, less than MDIV's 6.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAOK iShares ESG Aware Conservative Allocation ETF | 3.24% | 3.18% | 3.15% | 2.80% | 2.27% | 1.19% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDIV First Trust Multi-Asset Diversified Income Index Fund | 6.30% | 6.51% | 6.40% | 6.08% | 6.71% | 5.30% | 6.00% | 5.90% | 6.76% | 6.04% | 6.35% | 7.38% |
Drawdowns
EAOK vs. MDIV - Drawdown Comparison
The maximum EAOK drawdown since its inception was -19.91%, smaller than the maximum MDIV drawdown of -48.50%. Use the drawdown chart below to compare losses from any high point for EAOK and MDIV.
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Drawdown Indicators
| EAOK | MDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.91% | -48.50% | +28.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.49% | -8.78% | +4.29% |
Max Drawdown (5Y)Largest decline over 5 years | -19.91% | -13.02% | -6.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.50% | — |
Current DrawdownCurrent decline from peak | -2.83% | -2.26% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -5.15% | -4.64% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 2.21% | -1.07% |
Volatility
EAOK vs. MDIV - Volatility Comparison
iShares ESG Aware Conservative Allocation ETF (EAOK) has a higher volatility of 2.85% compared to First Trust Multi-Asset Diversified Income Index Fund (MDIV) at 2.06%. This indicates that EAOK's price experiences larger fluctuations and is considered to be riskier than MDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EAOK | MDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.85% | 2.06% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 4.02% | 4.81% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.51% | 9.73% | -3.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.99% | 11.01% | -4.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.83% | 15.27% | -8.44% |