XUDV vs. MULT

Last updated Jul 14, 2026

XUDV (Franklin U.S. Dividend Booster Index ETF) and MULT (Franklin Multisector Income ETF) are both exchange-traded funds - XUDV is a Dividend fund tracking the VettaFi New Frontier U.S. Dividend Select Index, while MULT is a Multisector Bonds fund actively managed by Franklin. XUDV is passively managed, while MULT is actively managed. At a 0.35 correlation, their price movements are largely independent. XUDV charges 0.09%/yr vs 0.39%/yr for MULT.

Performance

XUDV vs. MULT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Dividend Booster Index ETF (XUDV) and Franklin Multisector Income ETF (MULT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XUDV achieves a 23.28% return, which is significantly higher than MULT's 0.86% return.

XUDV

• 1D: -0.13%
• 1M: 0.46%
• 6M: 18.68%
• YTD: 23.28%
• 1Y: 27.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MULT

• 1D: -0.28%
• 1M: -0.08%
• 6M: 0.70%
• YTD: 0.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XUDV vs. MULT - Yearly Performance Comparison

	2026 (YTD)	2025
XUDV Franklin U.S. Dividend Booster Index ETF	23.28%	1.05%
MULT Franklin Multisector Income ETF	0.86%	2.14%

Correlation

The correlation between XUDV and MULT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025	0.35

Return for Risk

XUDV vs. MULT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XUDV

XUDV Risk / Return Rank: 86
XUDV Sharpe Ratio Rank: 87
XUDV Sortino Ratio Rank: 87
XUDV Omega Ratio Rank: 80
XUDV Calmar Ratio Rank: 90
XUDV Martin Ratio Rank: 87

MULT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XUDV vs. MULT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Dividend Booster Index ETF (XUDV) and Franklin Multisector Income ETF (MULT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XUDV	MULT	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	3.12	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	4.33	—	—
Martin ratio: Return relative to average drawdown	14.49	—	—

Drawdowns

XUDV vs. MULT - Drawdown Comparison

The maximum XUDV drawdown since its inception was -15.98%, which is greater than MULT's maximum drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for XUDV and MULT.

Drawdown Indicators

	XUDV	MULT	Difference
Max Drawdown Largest peak-to-trough decline	-15.98%	-1.70%	-14.28%
Max Drawdown (1Y) Largest decline over 1 year	-6.34%	—	—
Current Drawdown Current decline from peak	-0.13%	-0.52%	+0.39%
Average Drawdown Average peak-to-trough decline	-2.02%	-0.31%	-1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	XUDV	MULT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.37%	2.93%	+9.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.14%	2.93%	+13.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.14%	2.93%	+13.21%

XUDV vs. MULT - Expense Ratio Comparison

XUDV has a 0.09% expense ratio, which is lower than MULT's 0.39% expense ratio.

Dividends

XUDV vs. MULT - Dividend Comparison

XUDV's dividend yield for the trailing twelve months is around 3.38%, less than MULT's 3.81% yield.

Position	TTM	2025
MULT Franklin Multisector Income ETF	3.81%	1.56%
XUDV Franklin U.S. Dividend Booster Index ETF	3.38%	3.80%

Frequently Asked Questions

Can I hold both XUDV and MULT in my portfolio?

XUDV and MULT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUDV or MULT?

On fees, XUDV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUDV or MULT?

XUDV is cheaper with a 0.09% expense ratio, compared with 0.39% for MULT.

Which ETF pays a higher dividend yield, XUDV or MULT?

MULT has the higher dividend yield at 3.81%, compared with 3.38% for XUDV.

What is the main difference between XUDV and MULT?

XUDV is categorized as Dividend, while MULT is Multisector Bonds. Their fees differ too: 0.09% for XUDV and 0.39% for MULT.