ETFIQ
RankingsCompareHoldingsFlowsResearch
ETF ModelsMy portfolioWeekly note

MDIV · Multi-Asset Diversified Income Index Fund

Allocation fundTracks an index0.71% fee$406mFirst traded Aug 14, 2012Fund page at the issuer ↗SEC filings ↗
Share on XDownload as PDFCompareAdd to portfolioAlerts

MDIV tracks an index and returned +6.1% over the past year.

+6.1%
Total return, 1 year
0.71%
Expense ratio
124
Holdings
−5.8%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 8 – Oct 7, 2026−3.5%+4.5%−8.1 pts−10.1 pts
6M Apr 8 – Oct 7, 2026−0.2%+15.6%−15.7 pts−25.5 pts
1Y Oct 7, 2025 – Oct 7, 2026+6.1%+17.4%−11.3 pts−19.8 pts
3Y Oct 6, 2023 – Oct 7, 2026+34.5%+87.6%−53.2 pts−76.8 pts
Since launch Aug 14, 2012 – Oct 7, 2026+87.3%+606.2%−518.9 pts−1,090.4 pts

Source: ETFIQ.

MDIV top ten by weight, 32.9% of its 124 equity positions, from the holdings published by its issuer for Oct 6, 2026. An index fund holds what the index holds, so this is the index. Source: the issuer’s own daily file.

First Trust Tactical High Yield ETF HYLS 20.60%
Icahn Enterprises, L.P. IEP 1.65%
ARMOUR Residential REIT, Inc. ARR 1.41%
Mach Natural Resources LP MNR 1.40%
AGNC Investment Corp. AGNC 1.37%
Annaly Capital Management, Inc. NLY 1.36%
TXO Partners, L.P. TXO 1.29%
Rithm Capital Corp., Series B, Variable Rate RITM.B 1.28%
Rithm Capital Corp. RITM 1.25%
Kimbell Royalty Partners LP KRP 1.24%
Holdings, the issuer’s own daily file ↗
Head to head
Funds near this one
ACWIACWXAIRRAORAVDVAVEM

In plain words

Summary
MDIV tracks an index. Over the year to Oct 7, 2026 it returned +6.1% with distributions reinvested, against +17.4% for the S&P 500 and +25.9% for the Nasdaq-100. The prospectus expense ratio is 0.71% a year. By its holdings published by its issuer for Oct 6, 2026, 18% of the fund by weight is stocks the S&P 500 also holds, across 124 positions, with the top ten at 32.9%. It sat 5.8% below its high of Aug 24, 2026 on Oct 7, 2026.
What it tracksnot read by ETFIQ
Fund typeAllocation fund
Category (ETFIQ)Allocation · Moderate
Expense ratio (485BPOS XBRL, Jan 28, 2026)0.71%
Price$15.76
First tradedAug 14, 2012
Net assets (issuer page, as of Oct 7, 2026)$406m
Below its high (ETFIQ)−5.8%
Holdings124
Top ten weight32.9%
Holdings published for (the issuer’s daily file)Oct 6, 2026
Holdings as of the close of (the issuer’s daily file)Oct 6, 2026
Already in the S&P 500, by weight (ETFIQ)18.3%
Active share vs the S&P 500 (ETFIQ)96.3%
Already in the Nasdaq-100, by weight (ETFIQ)1.3%
Nasdaq-100, total return, 1 year+25.9%

Questions people ask about MDIV

How has MDIV performed?
Over the year to Oct 7, 2026, MDIV returned +6.1% with distributions reinvested, against +17.4% for the S&P 500. Over three years the figure is +34.5%.
What does MDIV cost?
The prospectus expense ratio is 0.71% a year.
What does MDIV hold?
124 positions as published by its issuer for Oct 6, 2026, with the top ten at 32.9% of the fund. 18% of its weight is in stocks the S&P 500 also holds.
How far is MDIV below its high?
5.8% below its high of Aug 24, 2026, measured on the reinvested series to Oct 7, 2026.
Sources and dates
Prices, MDIV and S&P 500Tiingo end-of-day · Oct 7, 2026
Fee, 0.71%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $406mIssuer page · Oct 7, 2026
HoldingsHoldings, the issuer’s own daily file · Oct 6, 2026 ↗
IssuerFirst Trust page for MDIV ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceFirst Trust’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, MDIV, allocation fund, data as of Oct 7, 2026. https://etfiq.com/funds/mdiv

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

First Trust: every fund ETFIQ covers→