HISF vs. MDIV
Compare and contrast key facts about First Trust High Income Strategic Focus ETF (HISF) and First Trust Multi-Asset Diversified Income Index Fund (MDIV).
HISF and MDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HISF is an actively managed fund by First Trust. It was launched on Aug 13, 2014. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HISF or MDIV.
Correlation
The correlation between HISF and MDIV is 0.51, 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.
Performance
HISF vs. MDIV - Performance Comparison
Key characteristics
HISF:
1.08
MDIV:
1.67
HISF:
1.57
MDIV:
2.32
HISF:
1.19
MDIV:
1.31
HISF:
0.60
MDIV:
2.49
HISF:
2.83
MDIV:
7.99
HISF:
1.62%
MDIV:
1.61%
HISF:
4.27%
MDIV:
7.73%
HISF:
-27.86%
MDIV:
-48.51%
HISF:
-1.88%
MDIV:
-1.81%
Returns By Period
In the year-to-date period, HISF achieves a 1.10% return, which is significantly lower than MDIV's 2.33% return. Over the past 10 years, HISF has underperformed MDIV with an annualized return of 2.78%, while MDIV has yielded a comparatively higher 3.53% annualized return.
HISF
1.10%
0.78%
-0.56%
4.37%
1.36%
2.78%
MDIV
2.33%
0.37%
3.10%
12.08%
4.51%
3.53%
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HISF vs. MDIV - Expense Ratio Comparison
HISF has a 0.87% expense ratio, which is higher than MDIV's 0.73% expense ratio.
Risk-Adjusted Performance
HISF vs. MDIV — Risk-Adjusted Performance Rank
HISF
MDIV
HISF vs. MDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust High Income Strategic Focus ETF (HISF) 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.
Dividends
HISF vs. MDIV - Dividend Comparison
HISF's dividend yield for the trailing twelve months is around 4.28%, less than MDIV's 5.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HISF First Trust High Income Strategic Focus ETF | 4.28% | 4.68% | 4.27% | 3.81% | 3.79% | 4.17% | 4.28% | 5.13% | 3.81% | 3.84% | 3.58% | 1.20% |
MDIV First Trust Multi-Asset Diversified Income Index Fund | 5.81% | 6.40% | 6.47% | 6.70% | 5.31% | 6.01% | 5.91% | 6.76% | 6.05% | 6.36% | 6.16% | 5.74% |
Drawdowns
HISF vs. MDIV - Drawdown Comparison
The maximum HISF drawdown since its inception was -27.86%, smaller than the maximum MDIV drawdown of -48.51%. Use the drawdown chart below to compare losses from any high point for HISF and MDIV. For additional features, visit the drawdowns tool.
Volatility
HISF vs. MDIV - Volatility Comparison
The current volatility for First Trust High Income Strategic Focus ETF (HISF) is 1.03%, while First Trust Multi-Asset Diversified Income Index Fund (MDIV) has a volatility of 2.72%. This indicates that HISF experiences smaller price fluctuations and is considered to be less risky than MDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.