USAF vs. MDIV
Compare and contrast key facts about Atlas America Fund (USAF) and First Trust Multi-Asset Diversified Income Index Fund (MDIV).
USAF and MDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USAF is an actively managed fund by Atlas. It was launched on Nov 19, 2024. 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.
Performance
USAF vs. MDIV - Performance Comparison
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USAF vs. MDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
USAF Atlas America Fund | 2.11% | 9.09% | 0.23% |
MDIV First Trust Multi-Asset Diversified Income Index Fund | 4.59% | 3.77% | -1.84% |
Returns By Period
In the year-to-date period, USAF achieves a 2.11% return, which is significantly lower than MDIV's 4.59% return.
USAF
- 1D
- 0.82%
- 1M
- -2.75%
- YTD
- 2.11%
- 6M
- 2.70%
- 1Y
- 7.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
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USAF vs. MDIV - Expense Ratio Comparison
USAF has a 0.89% expense ratio, which is higher than MDIV's 0.73% expense ratio.
Return for Risk
USAF vs. MDIV — Risk / Return Rank
USAF
MDIV
USAF vs. MDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas America Fund (USAF) 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.
| USAF | MDIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 0.56 | +0.66 |
Sortino ratioReturn per unit of downside risk | 1.62 | 0.80 | +0.82 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.12 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 0.64 | +1.20 |
Martin ratioReturn relative to average drawdown | 5.64 | 2.58 | +3.05 |
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
| USAF | MDIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.56 | +0.66 |
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 | 1.45 | 0.33 | +1.12 |
Correlation
The correlation between USAF and MDIV is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
USAF vs. MDIV - Dividend Comparison
USAF's dividend yield for the trailing twelve months is around 2.45%, less than MDIV's 6.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USAF Atlas America Fund | 2.45% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
USAF vs. MDIV - Drawdown Comparison
The maximum USAF drawdown since its inception was -4.46%, smaller than the maximum MDIV drawdown of -48.50%. Use the drawdown chart below to compare losses from any high point for USAF and MDIV.
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Drawdown Indicators
| USAF | MDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.46% | -48.50% | +44.04% |
Max Drawdown (1Y)Largest decline over 1 year | -4.46% | -8.84% | +4.38% |
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 | -3.38% | -2.25% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -4.64% | +3.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 2.20% | -0.74% |
Volatility
USAF vs. MDIV - Volatility Comparison
Atlas America Fund (USAF) and First Trust Multi-Asset Diversified Income Index Fund (MDIV) have volatilities of 2.07% and 2.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USAF | MDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 2.11% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 5.31% | 4.82% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.58% | 9.73% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 11.02% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.92% | 15.27% | -9.35% |