All you need to get started with ETF selection and analysis. Create your account now →

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

ETF What's Up

Don’t Miss a Move in the ETF Market

Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.

›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 123 underlying holdings. This share class generates a stream of income by distributing dividends.

$15.95

$0 (0.00%) today

1:30 PM 10/13/26 Closed

1D price range

$15.87$16.04

52W price range

$15.52$17.02

YTD Perf.

+8.79%

YTD Flows

Annualized volatility

Fund AuM

€367M

Share class AuM

€367M

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

ETF Name	1w perf.
CRDT Simplify Opportunistic Income ETF	-1.97%
VGRO Vanguard Growth ETF Portfolio	+0.49%
FGRO Fidelity All-in-One Growth ETF	+0.75%
XGRO iShares Core Growth ETF Portfolio	+0.54%
AOA iShares Core 80/20 Aggressive Allocation ETF	-0.23%
VDHG Vanguard Diversified High Growth Index ETF	+0.44%
UCBG State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF	+0.42%
VDGR Vanguard Diversified Growth Index ETF	+0.39%
TGRO TD Growth ETF Portfolio	+0.67%
AAAA Amplius Aggressive Asset Allocation ETF	-0.41%
GGRO iShares ESG Growth ETF Portfolio	+0.02%
NELS Nelson Select ETF	+0.34%
MGRW Mackenzie Growth Allocation ETF	+0.38%
ZGRO.T BMO Growth ETF	+0.52%
CSBG CIBC Sustainable Balanced Growth Solution ETF	+0.63%

API

PerformanceDec 31, 2025 - Oct 9, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 08/31/26

Finance

48.57%

Energy

16.99%

Consumer Non-Cyclicals

6.67%

Utilities

4.18%

Healthcare

1.45%

Consumer Cyclicals

1.18%

Unavailable

19.98%

Other

0.94%

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 €367M in assets as of October 9, 2026.

MDIV follows a distributing dividend policy, meaning it pays out income to investors. As of October 9, 2026, its 12-month trailing yield was 9.38%.

As of August 31, 2026, MDIV has significant geographic allocations in USA.

As of August 31, 2026, MDIV focuses largely on Finance, Energy and Consumer Non-Cyclicals.

As of August 31, 2026, MDIV holds 123 positions in its portfolio, with 38.16% of assets concentrated in its top 15 holdings.

As of August 31, 2026, MDIV top three holdings include US33738D4088, TXO Partners LP and AGNC Investment Corp..

The base currency of MDIV is USD.

Top 10 holdings

Data as of 08/31/26

US33738D4088

19.53%

TXO Partners LP

1.81%

AGNC Investment Corp.

1.57%

Mach Natural Resources LP

1.50%

Annaly Capital Management, Inc.

1.49%

Icahn Enterprises LP

1.45%

MFA Financial, Inc.

1.43%

PennyMac Mortgage Investment Trust

1.37%

Rithm Capital Corp.

1.28%

Dorchester Minerals LP

1.19%

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

Don’t Miss a Move in the ETF Market

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