First Trust Intl Multi-Asset Diversified Inc (FID)

Overview

The First Trust International Multi-Asset Diversified Income Index Fund (YDIV) seeks investment results that correspond generally to the price and yield (before the Fundu2019s fees and expenses) of an equity index called the NASDAQ International Multi-Asset Diversified Income Index. It focuses on international developed markets, excluding the U.S.

Reputation and Reliability

First Trust is a well-established ETF provider with a strong reputation for innovation and specialized investment strategies.

Management Expertise

First Trust has a dedicated team of experienced investment professionals managing its ETF offerings.

Goal

Seeks investment results that correspond generally to the price and yield of the NASDAQ International Multi-Asset Diversified Income Index.

Investment Approach and Strategy

Strategy: Aims to track the NASDAQ International Multi-Asset Diversified Income Index.

Composition The ETF holds a mix of equities, real estate investment trusts (REITs), and preferred securities from international developed markets, excluding the U.S.

Market Share: Market share data is not readily available for this specific international diversified income ETF. It is part of a larger set of diversified income funds.

Total Net Assets (AUM): 76280000

Key Competitors

• VYMI
• VEU
• SCHF

Competitive Landscape

The competitive landscape includes various international equity and dividend ETFs. YDIV differentiates itself through its multi-asset approach, including REITs and preferred securities. It is a smaller fund compared to more established options like VYMI and VEU, which are broader market index funds, but provides a more focused international dividend strategy.

Historical Performance: Historical performance data should be reviewed on financial websites, as returns vary over time.

Benchmark Comparison: Benchmark comparison should be done against the NASDAQ International Multi-Asset Diversified Income Index to gauge its effectiveness.

Expense Ratio: 0.7

Average Trading Volume

The average trading volume of YDIV is relatively low, indicating moderate liquidity.

Bid-Ask Spread

The bid-ask spread for YDIV can vary depending on market conditions but is generally moderate due to its lower volume.

Market Environment Factors

Economic conditions in international developed markets, interest rate changes, and sector-specific trends within REITs and preferred securities can all influence YDIV's performance.

Growth Trajectory

The growth trajectory depends on the performance of its underlying asset classes and the overall health of international markets. Changes in the index methodology or asset allocation could also influence its growth.

Competitive Edge

YDIV's competitive advantage lies in its diversified approach, including equities, REITs, and preferreds, all within international developed markets. This combination provides income and diversification, offering exposure beyond traditional international equity ETFs. It also potentially buffers the portfolio against market volatility. The inclusion of REITs and preferreds increases yield in a low-interest rate environment.

Volatility

YDIV's volatility is influenced by the volatility of international markets and the specific asset classes it holds. It may exhibit moderate volatility.

Market Risk

Market risk includes currency fluctuations, political instability in international markets, and economic downturns affecting underlying assets like equities and REITs.

Ideal Investor Profile

The ideal investor is seeking international diversification and income generation, and is comfortable with moderate risk. These investors want a diversified approach including equities, REITs, and preferreds.

Market Risk

YDIV is suitable for long-term investors seeking income and diversification from international markets.

First Trust International Multi-Asset Diversified Income Index Fund (YDIV) offers a diversified approach to international income generation by investing in equities, REITs, and preferred securities. It targets developed markets outside the U.S. The ETF suits long-term investors looking for income and diversification, although moderate liquidity may be a factor. Its performance is influenced by international market conditions and asset-specific factors. The ETF's multi-asset approach differentiates it from pure equity income ETFs.

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 made based on individual circumstances and after consulting with a qualified financial advisor. Market share data may not be precise and is subject to change.