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Upturn AI SWOT - About
First Trust Multi-Asset Diversified Income Index Fund (MDIV)
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Upturn Advisory Summary
08/14/2025: MDIV (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 9.19% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.01 | 52 Weeks Range 14.52 - 16.32 | Updated Date 06/29/2025 |
52 Weeks Range 14.52 - 16.32 | Updated Date 06/29/2025 |
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 aims to provide diversified income by investing in various asset classes, including equities, REITs, MLPs, and preferred securities.
Reputation and Reliability
First Trust is a well-established ETF issuer with a long track record of providing innovative investment solutions.
Management Expertise
First Trust has a dedicated team of portfolio managers and analysts with experience in managing diversified income strategies.
Investment Objective
Goal
To seek investment results that correspond generally to the price and yield of the NASDAQ US Multi-Asset Diversified Income IndexSM.
Investment Approach and Strategy
Strategy: The fund tracks the NASDAQ US Multi-Asset Diversified Income IndexSM, which selects securities from a broad range of asset classes based on yield and other factors.
Composition The ETF holds a mix of stocks, REITs, MLPs, preferred securities, and other income-generating assets.
Market Position
Market Share: MDIV has a moderate market share within the multi-asset income ETF category.
Total Net Assets (AUM): 1100000000
Competitors
Key Competitors
- ALTY
- DIVB
- IDAA
Competitive Landscape
The multi-asset income ETF industry is moderately competitive. MDIV benefits from First Trust's reputation and established index methodology. However, other ETFs may offer lower expense ratios or different asset allocations, presenting competitive challenges. MDIV's diversification is a key advantage, but its expense ratio could be a disadvantage compared to some competitors.
Financial Performance
Historical Performance: The historical performance can be accessed through financial data providers.
Benchmark Comparison: Performance should be compared against the NASDAQ US Multi-Asset Diversified Income IndexSM.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume for MDIV is moderate, reflecting adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally reasonable, typically ranging from $0.01 to $0.03, indicating acceptable trading costs.
Market Dynamics
Market Environment Factors
Interest rates, economic growth, and the performance of individual asset classes (e.g., REITs, MLPs) all impact MDIV. Changes to the underlying index also play a factor.
Growth Trajectory
MDIV's growth trajectory depends on its ability to attract assets and deliver competitive income in various market conditions. Any changes to the underlying index methodology or asset allocation strategy also influence this.
Moat and Competitive Advantages
Competitive Edge
MDIV's diversification across multiple asset classes is a strong advantage, offering investors a convenient way to access a broad range of income-generating investments. First Trust's brand recognition and distribution network also contribute to its competitive position. The fund's index-tracking approach provides transparency and predictability. The fund's holdings of different assets also lowers risk. These factors collectively contribute to the ETF's overall appeal.
Risk Analysis
Volatility
MDIV's volatility is influenced by the volatility of its underlying asset classes. It generally exhibits moderate volatility compared to pure equity ETFs.
Market Risk
MDIV is exposed to market risk across various asset classes, including equity market risk, interest rate risk, and credit risk. Risks are also sector specific based on fund composition.
Investor Profile
Ideal Investor Profile
MDIV is suitable for investors seeking diversified income and moderate risk tolerance. This ETF is targeted toward those seeking income from multiple asset classes.
Market Risk
MDIV is suitable for long-term investors seeking income and diversification, and it can be used to build a diversified portfolio.
Summary
The First Trust Multi-Asset Diversified Income Index Fund (MDIV) offers diversified income exposure across various asset classes through an index-tracking approach. First Trust's reputation and established index methodology contribute to the fund's appeal. Its expense ratio, while competitive, should be considered. Investors seeking a convenient and diversified income solution should consider MDIV, bearing in mind the market risks involved.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust
- Nasdaq
- Various financial data providers
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should consult with a qualified financial advisor before making any investment decisions.
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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