Multi-Asset Diversified Income ETF (MDIV)
15.59
-0.01
(-0.06%)
USD |
NASDAQ |
Apr 25, 16:00
15.59
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.68% | -0.19% | 418.82M | 109066.4 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.76% | 76.00% | -31.98M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ U.S. Multi-Asset Diversified Income IndexSM. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Aggressive Allocation |
| Category Index | Morningstar Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| NASDAQ US Multi-Asset Divers Inc TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Lindquist | 11.64 yrs |
| David McGarel | 11.64 yrs |
| Jon Erickson | 11.64 yrs |
| Roger Testin | 11.64 yrs |
| Stan Ueland | 11.64 yrs |
| Chris Peterson | 8.04 yrs |
| Erik Russo | 3.25 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ U.S. Multi-Asset Diversified Income IndexSM. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Aggressive Allocation |
| Category Index | Morningstar Agg Tgt Risk TR USD |
| Global Category Name | Aggressive Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | First Trust Advisors L.P. |
| Prospectus Benchmark Index | |
| NASDAQ US Multi-Asset Divers Inc TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Daniel Lindquist | 11.64 yrs |
| David McGarel | 11.64 yrs |
| Jon Erickson | 11.64 yrs |
| Roger Testin | 11.64 yrs |
| Stan Ueland | 11.64 yrs |
| Chris Peterson | 8.04 yrs |
| Erik Russo | 3.25 yrs |