MDIV vs. NTSE
Compare and contrast key facts about First Trust Multi-Asset Diversified Income Index Fund (MDIV) and WisdomTree Emerging Markets Efficient Core Fund (NTSE).
MDIV and NTSE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. NTSE is an actively managed fund by WisdomTree. It was launched on May 20, 2021.
Performance
MDIV vs. NTSE - Performance Comparison
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MDIV vs. NTSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDIV First Trust Multi-Asset Diversified Income Index Fund | 4.59% | 3.77% | 10.05% | 11.50% | -3.86% | 2.18% |
NTSE WisdomTree Emerging Markets Efficient Core Fund | 5.59% | 36.29% | 4.42% | 9.47% | -26.31% | -5.66% |
Returns By Period
In the year-to-date period, MDIV achieves a 4.59% return, which is significantly lower than NTSE's 5.59% return.
MDIV
- 1D
- 0.56%
- 1M
- -1.47%
- YTD
- 4.59%
- 6M
- 4.22%
- 1Y
- 5.41%
- 3Y*
- 10.12%
- 5Y*
- 6.28%
- 10Y*
- 5.01%
NTSE
- 1D
- 3.94%
- 1M
- -10.28%
- YTD
- 5.59%
- 6M
- 11.12%
- 1Y
- 37.04%
- 3Y*
- 15.77%
- 5Y*
- —
- 10Y*
- —
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MDIV vs. NTSE - Expense Ratio Comparison
MDIV has a 0.73% expense ratio, which is higher than NTSE's 0.38% expense ratio.
Return for Risk
MDIV vs. NTSE — Risk / Return Rank
MDIV
NTSE
MDIV vs. NTSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Multi-Asset Diversified Income Index Fund (MDIV) and WisdomTree Emerging Markets Efficient Core Fund (NTSE). 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.
| MDIV | NTSE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 1.83 | -1.27 |
Sortino ratioReturn per unit of downside risk | 0.80 | 2.47 | -1.67 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.36 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | 0.64 | 2.62 | -1.97 |
Martin ratioReturn relative to average drawdown | 2.58 | 10.31 | -7.73 |
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
| MDIV | NTSE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 1.83 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.15 | +0.18 |
Correlation
The correlation between MDIV and NTSE is 0.45, 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
MDIV vs. NTSE - Dividend Comparison
MDIV's dividend yield for the trailing twelve months is around 6.30%, more than NTSE's 3.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NTSE WisdomTree Emerging Markets Efficient Core Fund | 3.14% | 3.35% | 3.23% | 2.44% | 3.22% | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MDIV vs. NTSE - Drawdown Comparison
The maximum MDIV drawdown since its inception was -48.50%, which is greater than NTSE's maximum drawdown of -42.84%. Use the drawdown chart below to compare losses from any high point for MDIV and NTSE.
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Drawdown Indicators
| MDIV | NTSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.50% | -42.84% | -5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -14.20% | +5.36% |
Max Drawdown (5Y)Largest decline over 5 years | -13.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.50% | — | — |
Current DrawdownCurrent decline from peak | -2.25% | -10.81% | +8.56% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -20.35% | +15.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 3.60% | -1.40% |
Volatility
MDIV vs. NTSE - Volatility Comparison
The current volatility for First Trust Multi-Asset Diversified Income Index Fund (MDIV) is 2.11%, while WisdomTree Emerging Markets Efficient Core Fund (NTSE) has a volatility of 10.91%. This indicates that MDIV experiences smaller price fluctuations and is considered to be less risky than NTSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDIV | NTSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.11% | 10.91% | -8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 4.82% | 15.30% | -10.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 20.34% | -10.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.02% | 18.76% | -7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 18.76% | -3.49% |