Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Global ETF Survey 2026

The ETF Industry Is Evolving Fast

From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey.

Take the survey

›ETF Issuers›First Trust›MDIV

MDIV

First Trust Multi-Asset Diversified Income Index Fund ETF

Passive ETF Equity Fixed Income

Not rated

The MDIV Exchange Traded Fund (ETF) is provided by First Trust. It is built to track an index: NASDAQ US Multi-Asset Diversified Income Index. The MDIV ETF provides physical exposure, so by buying it you actually own parts of all the 372 underlying holdings. This share class generates a stream of income by distributing dividends.

$16.83

+$0.023 (+0.14%) yesterday

1:30 PM 08/03/26 Closed

1D price range

$16.77$16.86

52W price range

$15.61$16.92

YTD Perf.

+13.53%

YTD Flows

Annualized volatility

Fund AuM

€372M

Share class AuM

€372M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

US33738R1005

TER

0.83%

Inception date

8/13/2012

Issuer

First Trust

Benchmark

NASDAQ US Multi-Asset Diversified Income Index

Replication method

Dividend policy

Distributing

Compare similar ETFs

No content available for this fund

API

PerformanceDec 31, 2025 - Jul 30, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 06/30/26

Finance

46.15%

Energy

15.53%

Consumer Non-Cyclicals

7.60%

Utilities

3.56%

Insurance and reinsurance

2.64%

Healthcare

1.24%

Consumer Cyclicals

1.12%

Unavailable

9.30%

Other

12.20%

Latest MDIV news

No content available for this fund

FAQ about MDIV

MDIV is a Passive ETF. This ETF provides exposure to US High Yield Corporate Equities and Bonds.

MDIV tracks the NASDAQ US Multi-Asset Diversified Income Total Return Index - USD, through a full replication replication method.

MDIV carries a total expense ratio (TER) of 0.83%, indicating the annual cost for holding the fund.

MDIV was introduced to the market on August 13, 2012. It trades on United States

First Trust Multi-Asset Diversified Income Index Fund ETF, MDIV, is provided by First Trust. Learn more about First Trust here.

MDIV oversees €372M in assets as of July 30, 2026.

MDIV follows a distributing dividend policy, meaning it pays out income to investors. As of July 30, 2026, its 12-month trailing yield was 8.71%.

As of June 30, 2026, MDIV has significant geographic allocations in USA and Canada.

As of June 30, 2026, MDIV focuses largely on Finance, Energy and Consumer Non-Cyclicals.

As of June 30, 2026, MDIV holds 372 positions in its portfolio, with 19.23% of assets concentrated in its top 15 holdings.

As of June 30, 2026, MDIV top three holdings include PennyMac Mortgage Investment Trust, AGNC Investment Corp. and MFA Financial, Inc..

The base currency of MDIV is USD.

Top 10 holdings

Data as of 06/30/26

PennyMac Mortgage Investment Trust

1.66%

AGNC Investment Corp.

1.59%

MFA Financial, Inc.

1.57%

Icahn Enterprises LP

1.52%

Mach Natural Resources LP

1.51%

TXO Partners LP

1.48%

Annaly Capital Management, Inc.

1.46%

Rithm Capital Corp.

1.21%

CrossAmerica Partners LP

1.12%

Kimbell Royalty Partners LP

1.09%

Essentials

A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.

Essential free account includes:

More fund data
Compare up to 3 funds
More screener filters
Edit screener columns from 100+ metrics
Watchlists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

The ETF Industry Is Evolving Fast

First Trust Multi-Asset Diversified Income Index Fund ETF

FAQ about MDIV

Essentials

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US