Multi-Asset Diversified Income Index Fund (MDIV)

Key Metrics

TER 83.00% per year

Distribution policy Distributing

Fund size USD 395 M

Inception date August 13, 2012

Holdings 125

Fund currency USD

Fund domicile US

Provider First Trust

For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Historical Return

Last updated: Jun 15, 2026

1 Year +5.3% +6.4% Div

3 Years (avg.) +4.5% +6.4% Div

5 Years (avg.) -0.7% +6.4% Div

Risk & Analysis Metrics

Last updated: Jun 15, 2026

Volatility

6.52% 1 Year

8.92% 3 Years

10.89% 5 Years

15.17% 10 Years

Max Drawdown

-4.13% 1 Year

-11.69% 3 Years

-18.74% 5 Years

-51.16% 10 Years

Sharpe Ratio

0.08 1 Year

0.03 3 Years

-0.40 5 Years

-0.29 10 Years

Return Triangle (Heatmap)

Last updated: Jun 15, 2026

	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
2012	-0.9%	0.8%	1.4%	-2.9%	-1.5%	-1.4%	-3.0%	-1.4%	-3.6%	-2.2%	-3.0%	-2.4%	-2.0%	-2.1%
2013		2.5%	2.7%	-3.5%	-1.6%	-1.5%	-3.3%	-1.4%	-4.0%	-2.4%	-3.2%	-2.5%	-2.1%	-2.2%
2014			2.8%	-6.4%	-3.0%	-2.5%	-4.4%	-2.1%	-4.9%	-3.0%	-3.8%	-3.0%	-2.5%	-2.6%
2015				-14.7%	-5.7%	-4.2%	-6.2%	-3.0%	-6.1%	-3.8%	-4.7%	-3.7%	-3.1%	-3.1%
2016					4.3%	1.5%	-3.1%	0.2%	-4.3%	-1.8%	-3.1%	-2.2%	-1.7%	-1.8%
2017						-1.1%	-6.6%	-1.1%	-6.3%	-3.0%	-4.3%	-3.1%	-2.4%	-2.4%
2018							-11.8%	-1.1%	-7.9%	-3.4%	-4.9%	-3.4%	-2.6%	-2.6%
2019								10.8%	-5.9%	-0.4%	-3.1%	-1.6%	-0.9%	-1.2%
2020									-20.1%	-5.6%	-7.3%	-4.5%	-3.1%	-3.1%
2021										11.5%	-0.2%	1.4%	1.7%	0.7%
2022											-10.7%	-3.4%	-1.4%	-1.8%
2023												4.5%	3.6%	1.3%
2024													2.7%	-0.2%
2025														-3.0%

Distributions

*by ETF Portfolio Weight Last updated: Jun 15, 2026

Profit Margin Distribution

< 0%

10%

1y 3y N/A N/A

0 - 5%

19%

1y 3y N/A N/A

5 - 10%

1y 3y N/A N/A

10 - 15%

15%

1y 3y N/A N/A

15 - 20%

1y 3y N/A N/A

20 - 30%

11%

1y 3y N/A N/A

30 - 40%

1y 3y N/A N/A

> 40%

23%

1y 3y N/A N/A

P/E Ratio Distribution

< 0

1y 3y N/A N/A

0 - 10

30%

1y 3y N/A N/A

10 - 15

23%

1y 3y N/A N/A

15 - 20

16%

1y 3y N/A N/A

20 - 25

11%

1y 3y N/A N/A

25 - 35

1y 3y N/A N/A

35 - 50

1y 3y N/A N/A

> 50

1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation

N/A

Undervalued

> 60%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

15 - 30%

1y 3y N/A N/A

Fair (±15%)

1y 3y N/A N/A

Overvalued

15 - 30%

1y 3y N/A N/A

30 - 45%

1y 3y N/A N/A

45 - 60%

1y 3y N/A N/A

> 60%

1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap

0.0%

1y 3y N/A N/A

Small Cap

13.5%

1y 3y N/A N/A

Mid Cap

51.2%

1y 3y N/A N/A

Large Cap

32.6%

1y 3y N/A N/A

Mega Cap

2.6%

1y 3y N/A N/A

Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Average metrics of all companies in portfolio

Last updated: Jun 21, 2026

Market
Average

Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares.	$22.4B	-
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price.	2.42%	2.03%
Beta Indicates the relationship between the price performance of a share and the market.	0.88	-
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.	17.48	28.29
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything	-32.99	-
Profitable Companies	91%	-
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued.	26.36	14.56
Price to Sales Ratio Market cap divided by the revenue in the most recent year.	3.9	8.28
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company	0.92	10.72

Market
Average

Enterprise Value to EBIT Enterprise Value divided by EBIT	16.9	21.15
Enterprise Value to Revenue Enterprise value divided by revenue	8.55	8.72
Total Debt to Enterprise Value Total debt divided by enterprise value	0.42	0.05
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary.	1.92	0.33
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability.	20.15%	-6.18%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago.	-21.2%	-117.9%
Return on Equity Equity divided by market cap.	7.47%	1.23%
Return on Assets Indicates a company's profitability in relation to its total assets.	3.51%	3.29%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits.	7.19%	3.31%

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

Market Cap

P/E Ratio

Total Investment

Weight

First Trust Exchange-Traded Fund IV - First Trust SSI Strategic Convertible Securities ETF

FCVT

Market Cap $3.28B

P/E Ratio

Dividends 1.2%

Total Investment $79.98M

Weight 20.27%

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Mach Natural Resources LP - Units

MNR - Finance and Insurance

Market Cap $2.08B

P/E Ratio 8.9

Dividends 14.6%

Total Investment $6.97M

Weight 1.77%

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TXO Partners L.P. - Units

TXO

Market Cap $683.9M

P/E Ratio -6.9

Dividends 11.8%

Total Investment $6.51M

Weight 1.65%

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Icahn Enterprises L P - Unit

IEP - Management of Companies and Enterprises

Market Cap $4.9B

P/E Ratio -12.9

Dividends 27.4%

Total Investment $6.07M

Weight 1.54%

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ARMOUR Residential REIT Inc

ARR - Financial Services

Market Cap $2.08B

P/E Ratio 8.7

Dividends 17.2%

Total Investment $6.02M

Weight 1.53%

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AGNC Investment Corp

AGNC - Finance and Insurance

Market Cap $11.92B

P/E Ratio 8.1

Dividends 13.9%

Total Investment $5.22M

Weight 1.32%

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Annaly Capital Management Inc

NLY - Finance and Insurance

Market Cap $16.27B

P/E Ratio 7.3

Dividends 12.6%

Total Investment $5.11M

Weight 1.30%

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Chimera Investment Corp

CIM - Finance and Insurance

Market Cap $1.11B

P/E Ratio -25.1

Dividends 11.7%

Total Investment $5.1M

Weight 1.29%

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Kimbell Royalty Partners LP - Units

KRP - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $1.46B

P/E Ratio 18.5

Dividends 10.2%

Total Investment $4.95M

Weight 1.25%

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Alliance Resource Partners, LP - Unit

ARLP - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $3.03B

P/E Ratio 12.3

Dividends 10.2%

Total Investment $4.69M

Weight 1.19%

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Dorchester Minerals LP - Units

DMLP - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $1.21B

P/E Ratio 17.4

Dividends 10.2%

Total Investment $4.69M

Weight 1.19%

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Apollo Commercial Real Estate Finance Inc

ARI - Finance and Insurance

Market Cap $1.42B

P/E Ratio 13.5

Dividends 9.2%

Total Investment $4.25M

Weight 1.08%

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Chimera Investment Corp

CIM - Finance and Insurance

Market Cap $1.11B

P/E Ratio -25.1

Dividends 11.7%

Total Investment $4.03M

Weight 1.02%

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New Residential Investment Corp

NRZ - Finance and Insurance

Market Cap $5.16B

P/E Ratio 7.0

Dividends 10.9%

Total Investment $3.98M

Weight 1.01%

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CrossAmerica Partners LP - Unit

CAPL - Transportation and Warehousing

Market Cap $840.16M

P/E Ratio 14.4

Dividends 9.5%

Total Investment $3.95M

Weight 1.00%

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New Residential Investment Corp

NRZ - Finance and Insurance

Market Cap $5.16B

P/E Ratio 7.0

Dividends 10.9%

Total Investment $3.93M

Weight 1.00%

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Black Stone Minerals L.P. - Unit

BSM - Mining, Quarrying, and Oil and Gas Extraction

Market Cap $2.98B

P/E Ratio 11.1

Dividends 8.6%

Total Investment $3.77M

Weight 0.95%

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AGNC Investment Corp

AGNC - Finance and Insurance

Market Cap $11.92B

P/E Ratio 8.1

Dividends 13.9%

Total Investment $3.75M

Weight 0.95%

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AGNC Investment Corp

AGNC - Finance and Insurance

Market Cap $11.92B

P/E Ratio 8.1

Dividends 13.9%

Total Investment $3.71M

Weight 0.94%

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Annaly Capital Management Inc

NLY - Finance and Insurance

Market Cap $16.27B

P/E Ratio 7.3

Dividends 12.6%

Total Investment $3.63M

Weight 0.92%

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Finance and Insurance	37.1%
Transportation and Warehousing	9.5%
Mining, Quarrying, and Oil and Gas Extraction	5.4%
Utilities	5.4%
Manufacturing	5.2%
Financial Services	3.6%
Information	2.0%
Real Estate and Rental and Leasing	2.0%
Management of Companies and Enterprises	1.5%
Agriculture, Forestry, Fishing and Hunting	1.5%
Administrative and Support and Waste Management and Remediation Services	0.7%
Professional, Scientific, and Technical Services	0.6%
Accommodation and Food Services	0.5%
Other	24.8%

United States	88.1%
Other	11.9%
Monaco	0.0%

Key Metrics

Compare similar ETFs

Historical Return

Risk & Analysis Metrics

Volatility

Max Drawdown

Sharpe Ratio

Return Triangle (Heatmap)

Distributions

Profit Margin Distribution

P/E Ratio Distribution

Discounted Cash Flow

Market Cap Size Distribution

Portfolio Concentration

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Average metrics of all companies in portfolio

Sectors

Countries