Multi-Asset Diversified Income Index Fund
MDIVNASDAQFirst TrustAsset Allocation
As of Oct 26, 2026 close
- Assets (AUM)
- $410.70M
- Expense ratio
- 0.71%
- Dividend yield
- 7.19%
- Holdings
- 125
- 52-week range
- $15.52$17.02
- Volume (live)
- -
- Avg. volume (3M)
- 57.24K
MDIV ETF: Multi-Asset Diversified Income Index Fund - Price, Holdings & Analysis
Multi-Asset Diversified Income Index Fund Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $16.11 - $16.21 |
|---|---|
| 52-Week High | $17.02 |
| 52-Week Low | $15.52 |
| Open | $16.18 |
| Volume (last close) | 70.13K |
| Average Volume (3M) | 57.24K |
| 1 Day Change | +0.72% |
|---|---|
| 1 Month Change | −0.93% |
| 6 Month Change | −2.62% |
| YTD Change | +1.81% |
| 1 Year Change | +1.81% |
| 5 Year Change | −4.97% |
| 10 Year Change | −14.12% |
| Annual Dividend | $1.23 |
|---|---|
| Dividend Yield | 7.19% |
| Last Dividend Ex-Date | Oct 21, 2026 |
| Dividend Growth YoY | +20.85% |
| Assets (AUM) | $410.70M |
|---|---|
| Expense Ratio | 0.71% |
| Total Holdings | 125 |
| Inception Date | Aug 13, 2012 |
| 50-Day MA | $16.40 |
|---|---|
| 200-Day MA | $16.47 |
| RSI | 49.16 |
| Stochastic %K | 90.70 |
| Stochastic %D | 76.98 |
Source: Exchange price data and fund disclosures. Data as of Oct 26, 2026. Data sources and methodology
MDIV at a Glance
Multi-Asset Diversified Income Index Fund (MDIV) is an asset allocation ETF from First Trust, launched in August 2012. It manages $410.70M in assets and charges a 0.71% expense ratio, about $71 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 125 positions. The largest are First Trust Tactical High Yield ETF (#HYLS, 20.47%), First Trust Tactical High Yield ETF (HYLS, 19.44%) and Icahn Enterprises L.P. (IEP, 1.79%). The top 10 holdings make up 52.2% of the fund. By sector it leans toward Other (39.3%), Energy (18.2%) and Real Estate (16.1%). 99.9% of assets are in the United States.
It pays distributions yielding 7.19% at the Oct 26, 2026 close, $1.23 per share over the trailing 12 months. As of the Oct 26, 2026 close, the share price is up 1.8% over one year, down 5.0% over five years and down 14.1% over ten years (price change, excluding distributions).
Frequently Asked Questions About Multi-Asset Diversified Income Index Fund
What is the current price of MDIV?
The latest MDIV price is $16.16 (Oct 26, 2026 close). The 52-week range is $15.52–$17.02. The share price is up 1.8% over the past year (price change, excluding distributions).
What is the expense ratio for MDIV?
MDIV's annual expense ratio is 0.71%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Asset Allocation ETFs in the ETF Screener.
Does MDIV pay dividends?
Yes, MDIV pays a 7.19% dividend yield (trailing 12 months, at the Oct 26, 2026 close). The most recent ex-dividend date was October 21, 2026. View full dividend history in the Dividends section.
What are the top holdings of MDIV?
As of Oct 4, 2026, MDIV's largest holdings are First Trust Tactical High Yield ETF (20.5%), First Trust Tactical High Yield ETF (19.4%), Icahn Enterprises L.P. (1.8%) (combined weight: 41.7%). The fund holds 125 total positions. View the complete portfolio breakdown in the Holdings section.
How does MDIV compare to similar ETFs?
Compare MDIV (0.71% expense ratio, $411M AUM) against similar Asset Allocation ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.