Fund Evaluator:
Multi-Asset Diversified Income ETF (MDIV)
Follow This Fund
Allocation
Global Asset Class
Allocation
Fund Group
Aggressive Allocation
Category
$18.225
NAV (as of Oct 07)
$0.00
Minimum Initial
0.71% B
Expense Ratio
$429 Mil
Assets
Open
Status
0.00%
12b-1 Fee
6.75%
TTM Yield
0.00%
Max Load
68%
Portfolio Turnover
Best Performing in Aggressive Allocation Over the Last Year
| 29.8% | MH Elite Small Cap Fund of Funds (MHELX) |
| 22.2% | Aristotle Portfolio OptimizationAgrGrI-2 (POEDX) |
| 18.8% | Thrivent Aggressive Allocation S (TAAIX) |
| 15.3% | MH Elite Fund of Funds (MHEFX) |
| 14.0% | Sound Mind Investing (SMIFX) |
Data as of 7/31/2026
2.3% B
1-Mo Return
3.0% D
3-Mo Return
11.4% B
YTD Return
13.0% D
1-Yr Return
10.2% C
3-Yr Return
6.8% C
5-Yr Return
0.83 A
Category Risk Index
0.66
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
8/13/2012
Share Class Type
Equity Investment Style
Small-Cap
Value
Bond Investment Style
Low Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
S&P 500 (TR) (1970): 100%
Additional Fund Details
Multi-Asset Diversified Income ETF Overview
MDIV Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MDIV Return (NAV) | 2.3% | 3.0% | 13.0% | 10.2% | 6.8% | 4.8% |
| MDIV Grade | B | D | D | C | C | F |
| +/- Category | 2.9% | -0.2% | -3.4% | -4.2% | -0.9% | -5.7% |
| Aggressive Allocation Avg | -0.6% | 3.3% | 16.4% | 14.4% | 7.7% | 10.5% |
| MDIV Tax Cost Ratio | na | na | 2.7% | 2.4% | 2.3% | 2.1% |
MDIV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MDIV Return (NAV) | 11.4% | 4.0% | 10.0% | 12.0% | -4.2% | 16.2% | -14.4% | 18.4% | -5.8% | 5.5% | 11.3% |
| MDIV Grade | B | C | F | F | A | F | F | F | A | F | F |
| +/- Category | 2.8% | -11.2% | -5.6% | -8.3% | 15.4% | -2.9% | -32.0% | -7.4% | 3.2% | -14.7% | 3.0% |
| Aggressive Allocation Avg | 8.6% | 15.1% | 15.6% | 20.4% | -19.6% | 19.1% | 17.6% | 25.8% | -9.0% | 20.2% | 8.3% |
| Risk Measures | |
| Standard Deviation: | 8.1% |
| Total Risk Index: | 0.66 - Below Average |
| Category Risk Index: | 0.83 - Below Average |
| Category Risk Grade: | B (33% Rank) |
| Beta: | 0.65 |
| R-Squared: | 57% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | Low Quality Limited Sensitivity |
| Yield: | 6.8% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $429 Mil |
| Fund Total Assets: | $ 429 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 14.0 years | |||
| Average Tenure: 12.3 years | |||
| Managers (Year): Lindquist Daniel (2012), Erickson Jon (2012), McGarel David (2012), Ueland Stan (2012), Testin Roger (2012), Peterson Chris (2016), Russo Erik (2020) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 126 |
| % in Top 10 Holdings: | 32.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.0% |
Portfolio Allocation |
|
| Domestic Stock: | 61.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 17.9% |
| Domestic Bond: | 16.9% |
| Foreign Bond: | 2.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.4% |
| Cash: | 0.8% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | http://www.ftportfolios.com |
| Status: | Open |
| Inception Date: | August 13, 2012 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.71% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.15% |
| Share Class: | Multi-Asset Diversified Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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