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Upturn AI SWOT - About
First Trust Multi-Asset Diversified Income Index Fund (MDIV)
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Upturn Advisory Summary
04/01/2025: MDIV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -13.61% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 74077 | Beta 0.99 | 52 Weeks Range 14.31 - 16.58 | Updated Date 04/2/2025 |
52 Weeks Range 14.31 - 16.58 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust Multi-Asset Diversified Income Index Fund
ETF Overview
Overview
The First Trust Multi-Asset Diversified Income Index Fund (MDIV) seeks investment results that correspond generally to the price and yield of an index called the NASDAQ US Multi-Asset Diversified Income IndexSM. The fund invests in a diversified portfolio of dividend-paying securities across multiple asset classes.
Reputation and Reliability
First Trust is a well-established ETF issuer with a long track record in the market.
Management Expertise
First Trust has a dedicated team of investment professionals experienced in managing diversified income portfolios.
Investment Objective
Goal
To track the performance, before fees and expenses, of the NASDAQ US Multi-Asset Diversified Income IndexSM.
Investment Approach and Strategy
Strategy: Tracks a specific index designed to represent a diversified portfolio of income-producing securities.
Composition The ETF holds a mix of stocks, REITs, preferred shares, and high-yield bonds.
Market Position
Market Share: MDIV's market share in the multi-asset income ETF sector is moderate.
Total Net Assets (AUM): 789900000
Competitors
Key Competitors
- VYMI
- SCHD
- DGRO
Competitive Landscape
The multi-asset income ETF industry is competitive, with numerous funds vying for investor capital. MDIV differentiates itself with its specific index-tracking approach. However, competitors like VYMI and SCHD have greater AUM and lower expense ratios which present advantages.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers.
Benchmark Comparison: Benchmark comparison requires accessing the NASDAQ US Multi-Asset Diversified Income IndexSM historical data.
Expense Ratio: 0.0069
Liquidity
Average Trading Volume
MDIV's average trading volume indicates reasonable liquidity, allowing investors to buy and sell shares efficiently.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the ETF's liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and sector performance influence MDIV's returns.
Growth Trajectory
MDIV's growth trajectory is dependent on the performance of its underlying assets and investor demand for diversified income strategies.
Moat and Competitive Advantages
Competitive Edge
MDIV offers diversification across multiple income-generating asset classes within a single ETF, providing a simplified approach to income investing. Its index-tracking strategy provides transparency and predictability. The fund appeals to investors seeking a balanced income stream. However, the management fees could be a disadvantage for investors seeking low-cost options. MDIV benefits from First Trust's established brand in the ETF market.
Risk Analysis
Volatility
MDIV's volatility depends on the volatility of its underlying assets, including stocks, bonds, and REITs.
Market Risk
MDIV is subject to market risk, including the risk of declines in the value of its underlying assets due to economic or market conditions.
Investor Profile
Ideal Investor Profile
MDIV is suitable for investors seeking a diversified stream of income across multiple asset classes.
Market Risk
MDIV is suitable for long-term investors who prioritize income generation and diversification.
Summary
The First Trust Multi-Asset Diversified Income Index Fund is a diversified income ETF tracking the NASDAQ US Multi-Asset Diversified Income IndexSM. It offers exposure to stocks, REITs, preferred shares, and high-yield bonds, appealing to income-seeking investors. The ETF provides a simplified and transparent approach to income investing, but its performance is subject to market risk and the volatility of its underlying assets. Potential investors should evaluate if MDIV aligns with their risk tolerance, investment goals and ensure that the management fee does not cut drastically into any gains. While the ETF offers diversification, the competition offers similar ETFs at different fees and holdings.
Similar Companies
- DVY
- VYM
- SPHD
- IDV
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share percentages are estimates based on available AUM data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Multi-Asset Diversified Income Index Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts, REITs, preferred securities, MLPs and ETF that comprise the index. The index is designed to provide exposure to five asset segments, each selected to result in a consistent and high yield for the index. These five asset segments are: equity securities, REITs, preferred securities, MLPs and high yield corporate bonds.
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