First TrustAggressive AllocationMDIV · Nasdaq
Multi-Asset Diversified Income Index Fund (MDIV)
- Price
- $16.61
- —11 Sept 2026
- Assets
- $431.4M
- Total net assets
- Expense ratio
- 0.71%
- Category 1.14%
- Yield
- 6.85%
- Trailing distributions
- 3Y CAGR
- 11.1%-0.9%
- Category 12.1%
- 5Y CAGR
- 6.9%-0.1%
- Category 6.9%
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Multi-Asset Diversified Income Index Fund
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
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- Maximum drawdown
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- Sharpe ratio
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- Sortino ratio
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- Beta
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- Alpha
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- R²
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- Information ratio
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- Upside capture
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- Downside capture
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- Tracking error
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Holdings
The 10 largest positions make up 32.7% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| HYLS | First Trust Tactical High Yield ETF | 19.64% |
| TXO | TXO Partners LP | 1.73% |
| AGNC | AGNC Investment Corp | 1.59% |
| NLY | Annaly Capital Management Inc | 1.51% |
| MNR | Mach Natural Resources LP | 1.49% |
| MFA | MFA Financial Inc | 1.46% |
| IEP | Icahn Enterprises LP Depositary Units Repr Units of LP Interests | 1.45% |
| PMT | PennyMac Mortgage Investment Trust | 1.38% |
| RITM | Rithm Capital Corp | 1.30% |
| DMLP | Dorchester Minerals LP | 1.18% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 13.4
- P/B
- 1.6
- P/S
- 1.1
- P/CF
- 7.7
Sector allocation
Share of the equity the fund holds.
- Energy35.5%
- Real estate32.4%
- Financial services14.4%
- Consumer staples6.8%
- Utilities6.2%
- Health care2.4%
- Communication services1.6%
- Consumer discretionary0.7%
- Industrials0.1%
Asset mix
- Stocks60.5%
- Bonds19.3%
- Preferred shares18.3%
- Other1.4%
- Cash0.4%
Credit quality
Share of the bonds by rating.
- BBB5.4%
- BB43.3%
- B37.5%
- Below B11.2%
- Other2.6%
ETF details
- Issuer
- First Trust
- Category
- Asset Allocation · Aggressive Allocation
- Ticker
- MDIV
- Exchange
- Nasdaq
- Inception
- 13 Aug 2012 (14.1 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.71% (category 1.14%)
- Holdings turnover
- 68% (category 65%)
- Distribution yield
- 6.85%
- Beta, 3 years
- 0.63
- Total net assets
- $431.4M
- Average duration
- 6.66 years
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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