Which is cheaper, MPIM or SDVD?

MPIM charges 0.70% a year and SDVD charges 0.85%, so MPIM is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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MPIM vs SDVD: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+7.5 pts

3 months to Nov 12, 2026: SDVD ahead, total return

Fee gap

0.15 pts

A year: MPIM 0.70%, SDVD 0.85%, per filings dated Feb 27, 2026 and Aug 7, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

MPIM costs 0.15 points a year less.

Points (pts) are percentage points.

MPIM vs SDVD: Dividend Yield & Total Return
Measure	MPIM	SDVD
Paid and earned
Measure	MPIM	SDVD
Total return, 1 year	not published	+14.6%
Price change	fell 12.8% (since Aug 12, 2026)	rose 4.7% (1 year)
Return of capital, issuer estimate		22% of the Oct 30, 2026 payment
Against its benchmark
Measure	MPIM	SDVD
Benchmark	not published	First Trust SMID Cap Rising Dividend Achievers ETF, measured through SDVY
Cost and size
Measure	MPIM	SDVD
Expense ratio	0.70%	0.85%
Net assets	not read by ETFIQ	$916m
Holdings
Measure	MPIM	SDVD
Holdings in common	not published

Method

Key numbers

3.0%

MPIM cash paid, since launch, Aug 12, 2026

9.4%

SDVD cash paid, 1 year

−10.0%

MPIM total return, since launch, Aug 12, 2026

+14.6%

SDVD total return, 1 year

MPIM · since launch to Nov 12, 2026 Not measured

MPIM

−10.0%

none

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

Total return, distributions reinvested

Not measured

MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

MPIM

−10.0%

3.0% of it arrived as cash. Total return, distributions reinvested. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.

Data to Nov 12, 2026.

SDVD · 1 year to Nov 12, 2026 1.5 pts ahead of SDVY

SDVD

+14.6%

SDVY

+13.1%

1.5 pts ahead of SDVY

SDVD over 1 year: paid 9.4%, price +4.7%, total +14.6%, SDVY +13.1%, +1.5 pts. Data to Nov 12, 2026.

SDVY

+13.1%

SDVD

+14.6%

9.4% of it arrived as cash

1.5 pts ahead of SDVY

Total return, distributions reinvested

1.5 pts ahead of SDVY

SDVD over 1 year: paid 9.4%, price +4.7%, total +14.6%, SDVY +13.1%, +1.5 pts. Data to Nov 12, 2026.

SDVY

+13.1%

SDVD

+14.6%

1.5 pts ahead of SDVY

9.4% of it arrived as cash. Both charts share one scale, with zero at the line. SDVD over 1 year: paid 9.4%, price +4.7%, total +14.6%, SDVY +13.1%, +1.5 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MPIM m+ Income Momentum Autocall ETF · Autocallable SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF · Writes calls on the Russell 2000, investing in the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, paying monthly

Issuer m+ First Trust

Strategy autocallable dividend stocks with call overlay

Benchmark not set First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Pays not established monthly

Payout rate, annualized 17.0% 8.3%

Expense ratio 0.70% 0.85%

Cash paid, 1 year 3.0% (since launch, Aug 12, 2026) 9.4%

Price change, 1 year −12.8% (since launch, Aug 12, 2026) +4.7%

Total return, 1 year −10.0% (since launch, Aug 12, 2026) +14.6%

Benchmark return, 1 year not published +13.1%

Ahead or behind not available +1.5 pts

Return of capital, latest estimate not published 22%

Age 92 days 3.3 years

Net assets not read by ETFIQ $916m

As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: MPIM vs SDVD: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	MPIM	SDVD	MPIM	SDVD	MPIM	SDVD
3 months	−10.6%	−3.1%	3.0%	2.0%	not measured	+0.9 pts
6 months	–	+4.9%	–	4.2%	–	+1.0 pts
1 year	–	+14.6%	–	9.4%	–	+1.6 pts
3 years	–	+63.6%	–	32.2%	–	+1.6 pts
Since launchNot the same days: MPIM Aug 2026 · SDVD Aug 2023	−10.0%	+52.2%	3.0%	31.3%	not measured	+2.2 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

MPIM

Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.

SDVD

Over the year to Nov 12, 2026, SDVD paid 9.4% of its starting value in cash distributions while its price rose 4.7%. With every distribution reinvested, the fund returned +14.6%. First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) returned +13.1% over the same days, so a holder was ahead by 1.5 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 8.3%, paid monthly. First Trust estimates that 22% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, MPIM or SDVD?: MPIM charges 0.70% a year and SDVD charges 0.85%, so MPIM is cheaper. Fees come from each fund's prospectus.

Other comparisons

MPIM vs YYY MPIM vs FEPI MPIM vs SIXH MPIM vs ULTY SDVD vs TMGN SDVD vs VOOY SDVD vs OARK SDVD vs OVQ

Where to next

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →MPIM on its own →SDVD on its own →MPIM dividend history →SDVD dividend history →SDVD holdings →Method →Standards and sources →

Sources and dates

MPIM filings on SEC EDGAR ↗

MPIM prospectus with the expense ratio (SEC) ↗

SDVD filings on SEC EDGAR ↗

SDVD prospectus with the expense ratio (SEC) ↗

SDVD 19a-1 distribution notice ↗

First Trust page for SDVD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, MPIM against SDVD, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-sdvd

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MPIM and SDVD both write options for income.

MPIM on its own →SDVD on its own →

Growth of 100

MPIM and SDVD

Total return, distributions reinvested, 3 months.

MPIM −10.6%SDVD −3.1%

Aug 13, 2026Nov 12, 2026

MPIM −10.6%, SDVD −3.1%: SDVD +7.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.