MDIV ETF ANALYSIS

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MDIV ETF FUNDAMENTALS
MDIV ETF PERFORMANCE

MDIV ISSUER

The Multi-Asset Diversified Income Index Fund (MDIV) is managed by First Trust Advisors L.P. This ETF seeks to provide investors with a diversified income stream by investing in common stocks, depositary receipts, real estate investment trusts (REITs), preferred securities, master limited partnerships (MLPs), and exchange-traded funds (ETFs) that make up the underlying index. The Index, owned and maintained by Nasdaq, Inc., is designed to offer exposure to five asset segments, each chosen to generate a consistent and high yield. MDIV's investment approach follows indexing, aiming to replicate the Index's performance before fees and expenses. The ETF may include floating-rate securities and non-U.S. securities in its portfolio, adding a layer of diversification for income-focused investors.

MDIV DIVIDEND

The Multi-Asset Diversified Income Index Fund (MDIV) is designed to provide investors with exposure to a diverse range of income-generating assets, including common stocks, real estate investment trusts (REITs), preferred securities, master limited partnerships (MLPs), and exchange-traded funds (ETFs). MDIV follows an indexing investment approach and seeks to replicate the performance of its underlying index, which is owned and maintained by Nasdaq, Inc. This index is designed to provide a consistent and high yield by allocating its weight among five asset segments: equity securities, REITs, preferred securities, MLPs, and high-yield corporate bonds. In terms of dividend eligibility, the equity securities included in MDIV must meet specific criteria, including being part of the Nasdaq US Benchmark Index, having a minimum market capitalization of $1 billion, and maintaining a regular dividend payment history. REITs in the portfolio must also meet certain criteria, such as being classified as REITs by the Industry Classification Benchmark and having a minimum market capitalization of $1 billion. Preferred securities included in the index are chosen from the Nasdaq US Preferred Securities Index and must meet market capitalization and trading value requirements. MLPs in the segment must be classified as limited partnerships, meet specific market capitalization and trading value criteria, and have a consistent dividend payment history. Lastly, high-yield corporate bonds included in the index are represented through ETFs with assets under management of at least $100 million.

MDIV TRACKING

The First Trust Multi-Asset Diversified Income Index Fund (MDIV) places a central emphasis on tracking the NASDAQ Multi-Asset Diversified Income Index. MDIV strategically invests in a diverse array of income-generating assets, including dividend-paying stocks, real estate investment trusts (REITs), and master limited partnerships (MLPs). By closely aligning with the index, the ETF aims to provide investors with a comprehensive and diversified approach to income generation, making it a valuable choice for those seeking a well-rounded income solution within the investment landscape. MDIV's commitment to effective tracking and multi-asset diversification enhances its appeal for income-focused investors.

MDIV CORRELATION

The correlation aspect of the Multi-Asset Diversified Income Index Fund (MDIV) is crucial for investors seeking to understand its performance in relation to its underlying assets. Given that MDIV invests in various asset classes, including common stocks, REITs, preferred securities, MLPs, and ETFs, its correlation with these diverse components may vary. Investors often analyze MDIV's correlations to gauge the effectiveness of achieving income and diversification goals within their portfolios. For detailed insights into MDIV's correlations and overlap with different asset classes, consider using the ETF Insider web app, which offers a user-friendly visualization tool for studying correlations and accessing valuable data on various US ETFs.

MDIV SECTOR

The Global X SuperDividend U.S. ETF (MDIV) focuses on providing investors with exposure to a diversified portfolio of high-yielding assets. This ETF primarily invests in U.S. stocks, real estate investment trusts (REITs), preferred securities, master limited partnerships (MLPs), and other income-producing assets that make up its benchmark index. The index is designed to allocate its weight across five asset segments, including equities, REITs, preferred securities, MLPs, and high-yield corporate bonds, in an effort to generate consistent and high yield for investors. While MDIV offers the potential for attractive income generation, investors should be mindful of the potential risks associated with a concentrated focus on high-yield assets, including market volatility and interest rate fluctuations.

MDIV EXPOSURE

The Multi-Asset Diversified Income Index Fund (MDIV) is an ETF that aims to provide investors with exposure to a diversified income-focused portfolio. This ETF invests primarily in common stocks, depositary receipts, real estate investment trusts (REITs), preferred securities, master limited partnerships (MLPs), and exchange-traded funds (ETFs) that make up the Index it tracks. The Index is designed to provide exposure to five distinct asset segments: equity securities, REITs, preferred securities, MLPs, and high yield corporate bonds. This diverse exposure allows investors to access a range of income-producing assets, offering potential income generation while maintaining diversification in their investment portfolio.

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FREQUENTLY ASKED QUESTIONS

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