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Multi-Asset Diversified Income Index Fund (MDIV)

Aggressive Allocation | Exchange Traded Fund | NasdaqGM
16.55 USD +0.10 (0.594%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 16.50 -0.05 (-0.045%) ⇩ (April 17, 2026, 4:04 p.m. EDT)
Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 3:27 p.m. EDT

MDIV has shown a consistent dividend yield of around 6.32%, which is strong for an income-focused ETF, and the recent dividend payments have been relatively stable, making it an attractive option for income-focused investors. The price has been trading near its 52-week low, but the recent upward trend over the last few weeks suggests a potential rebound. However, the options market is signaling caution with a bearish bias, so short-term traders might want to consider a buy-the-dip strategy. Long-term investors could see this as an opportunity to add to their positions, given the strong fundamentals and consistent dividend payouts.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.011182
AutoTheta0.016818
MSTL0.020908
AutoETS0.021557

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.13
Ljung-Box p 0.000
Jarque-Bera p 0.210
Excess Kurtosis -1.27
Attribute Value
Trailing P/E 13.11

As of April 11, 2026, 3:27 p.m. EDT: The options activity shows a significant put position at the 14.0 strike, which is 14.8% below the current price. This indicates a bearish sentiment from speculators, suggesting they expect a potential decline in the stock price. The high implied volatility (IV) of 55% at the ATM strike further supports this bearish outlook. However, the lack of call activity implies limited bullish speculation, which could mean that the market is either uncertain or cautious about the near-term direction of MDIV.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.83% 6.59% 7.03% 7.37%
Dividend History
Date Dividend Yield %
2026-03-26 0.134 0.830235
2026-02-20 0.077 0.467137
2026-01-21 0.060 0.377033
2025-12-12 0.081 0.520921
2025-11-21 0.111 0.723925
2025-10-21 0.070 0.458035
2025-09-25 0.086 0.555690
2025-08-21 0.103 0.668685
2025-07-22 0.051 0.332191
2025-06-26 0.095 0.631382
2025-05-21 0.101 0.680507
2025-04-22 0.051 0.346909
2025-03-27 0.135 0.882339
2025-02-21 0.074 0.483205
2025-01-22 0.067 0.442674
2024-12-13 0.106 0.701913
2024-11-21 0.082 0.536656
2024-10-22 0.072 0.477844
2024-09-26 0.098 0.653239
2024-08-21 0.117 0.799502
2024-07-23 0.049 0.336629
2024-06-27 0.089 0.636393
2024-05-21 0.090 0.639444
2024-04-23 0.062 0.450103
2024-03-21 0.125 0.904135
2024-02-21 0.070 0.518604
2024-01-23 0.074 0.551075
2023-12-22 0.098 0.727640
2023-11-21 0.107 0.838791
2023-10-24 0.047 0.385907
2023-09-22 0.098 0.790693
2023-08-22 0.088 0.715748
2023-07-21 0.049 0.388650
2023-06-27 0.070 0.583455
2023-05-23 0.105 0.878847
2023-04-21 0.022 0.181062
2023-03-24 0.136 1.172032
2023-02-22 0.072 0.568665
2023-01-24 0.060 0.468822
2022-12-23 0.111 0.908772
2022-11-22 0.091 0.727868
2022-10-21 0.062 0.525931
2022-09-23 0.117 0.994663
2022-08-23 0.114 0.889825
2022-07-21 0.031 0.250004
2022-06-24 0.097 0.810499
2022-05-24 0.109 0.866712
2022-04-21 0.053 0.407149
2022-03-25 0.091 0.705024
2022-02-18 0.072 0.572158
2022-01-21 0.055 0.433955
2021-12-23 0.093 0.746080
2021-11-23 0.098 0.784919
2021-10-21 0.063 0.495883
2021-09-23 0.076 0.618374
2021-08-24 0.078 0.632973
2021-07-21 0.063 0.506008
2021-06-24 0.068 0.542086
2021-05-21 0.082 0.660210
2021-04-21 0.059 0.483662
2021-03-25 0.047 0.401131
2021-02-23 0.070 0.614122
2021-01-21 0.084 0.758676
2020-12-24 0.061 0.563541
2020-11-24 0.074 0.680978
2020-10-21 0.076 0.773393
2020-09-24 0.061 0.648210
2020-08-21 0.089 0.892787
2020-07-21 0.041 0.419832
2020-06-25 0.065 0.673899
2020-05-21 0.107 1.147967
2020-04-21 0.036 0.421189
2020-03-26 0.084 1.017746
2020-02-21 0.122 0.977560
2020-01-22 0.087 0.681187
2019-12-13 0.085 0.682049
2019-11-21 0.128 1.041445
2019-10-22 0.060 0.484436
2019-09-25 0.088 0.713974
2019-08-21 0.120 0.996047
2019-07-23 0.059 0.479750
2019-06-14 0.104 0.857090
2019-05-21 0.112 0.920730
2019-04-23 0.060 0.494911
2019-03-21 0.100 0.838310
2019-02-21 0.131 1.109013
2019-01-23 0.063 0.553768
2018-12-18 0.097 0.891764
2018-11-21 0.135 1.204360
2018-10-23 0.054 0.477864
2018-09-14 0.097 0.828203
2018-08-21 0.076 0.644335
2018-07-20 0.057 0.498379
2018-06-21 0.135 1.189185
2018-05-22 0.119 1.057104
2018-04-20 0.046 0.417446
2018-03-22 0.121 1.118223
2018-02-21 0.111 1.000611
2018-01-23 0.089 0.762567
2017-12-21 0.109 0.961537
2017-11-21 0.162 1.455781
2017-10-20 0.064 0.564976
2017-09-21 0.140 1.248469
2017-08-22 0.097 0.876405
2017-07-21 0.056 0.496249
2017-06-22 0.111 1.002483
2017-05-23 0.088 0.785816
2017-04-21 0.062 0.553026
2017-03-23 0.109 0.990548
2017-02-22 0.087 0.776926
2017-01-20 0.065 0.595112
2016-12-21 0.105 0.977250
2016-11-22 0.084 0.800834
2016-10-21 0.069 0.660451
2016-09-21 0.098 0.931533
2016-08-23 0.113 1.044366
2016-07-21 0.095 0.881290
2016-06-22 0.126 1.200902
2016-05-20 0.123 1.187431
2016-04-21 0.089 0.874899
2016-03-23 0.111 1.129933
2016-02-23 0.138 1.500330
2016-01-21 0.065 0.736736
2015-12-23 0.099 1.017561
2015-11-20 0.120 1.226832
2015-10-21 0.069 0.687426
2015-09-23 0.129 1.327085
2015-08-21 0.089 0.896869
2015-07-21 0.085 0.826026
2015-06-24 0.084 0.804862
2015-05-21 0.110 1.025570
2015-02-20 0.110 1.010265
2015-01-21 0.141 1.315757
2014-12-23 0.121 1.129214
2014-11-21 0.083 0.761157
2014-10-21 0.101 0.937470
2014-09-23 0.104 0.972999
2014-08-21 0.104 0.949099
2014-07-22 0.102 0.940699
2014-06-24 0.097 0.895079
2014-05-21 0.125 1.184082
2014-04-22 0.080 0.765347
2014-03-25 0.136 1.335532
2014-02-21 0.108 1.073473
2014-01-22 0.059 0.590285
2013-12-18 0.185 1.894893
2013-11-21 0.049 0.497965
2013-10-22 0.088 0.884574
2013-09-20 0.153 1.579380
2013-08-21 0.135 1.428556
2013-07-23 0.096 0.966597
2013-06-21 0.066 0.695221
2013-05-21 0.125 1.222830
2013-04-23 0.076 0.753703
2013-03-21 0.076 0.777689
2013-02-21 0.133 1.404157
2012-12-21 0.284 3.166691
2012-09-21 0.037 0.410190
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2017-01-31
dividendYield 6.32

Info Dump

Attribute Value
All Time High 22.58
All Time Low 9.01
Ask 16.6
Ask Size 5
Average Daily Volume10 Day 70,100
Average Daily Volume3 Month 75,518
Average Volume 75,518
Average Volume10Days 70,100
Beta3 Year 0.76
Bid 16.46
Bid Size 5
Category Aggressive Allocation
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.56
Day Low 16.4201
Dividend Date 1,485,820,800
Dividend Yield 6.32
Eps Trailing Twelve Months 1.2623919
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.436
Fifty Day Average Change 0.11170006
Fifty Day Average Change Percent 0.0067960606
Fifty Two Week Change Percent 6.052804
Fifty Two Week High 16.81
Fifty Two Week High Change -0.26229858
Fifty Two Week High Change Percent -0.015603724
Fifty Two Week Low 15.42
Fifty Two Week Low Change 1.1277008
Fifty Two Week Low Change Percent 0.07313235
Fifty Two Week Range 15.42 - 16.81
First Trade Date Milliseconds 1,344,951,000,000
Five Year Average Return 0.0639016
Full Exchange Name NasdaqGM
Fund Family First Trust
Fund Inception Date 1,344,816,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Multi-Asset Diversified Income Index Fund
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_215565477
Nav Price 16.45
Net Assets 394,661,184.0
Net Expense Ratio 0.71
Open 16.46
Phone (800) 621-1675
Post Market Change -0.045000076
Post Market Change Percent -0.27198595
Post Market Price 16.5
Post Market Time 1,776,456,277
Previous Close 16.45
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.09770012
Regular Market Change Percent 0.59392166
Regular Market Day High 16.56
Regular Market Day Low 16.4201
Regular Market Day Range 16.4201 - 16.56
Regular Market Open 16.46
Regular Market Previous Close 16.45
Regular Market Price 16.5477
Regular Market Time 1,776,456,000
Regular Market Volume 40,913
Short Name Multi-Asset Diversified Income
Source Interval 15
Symbol MDIV
Three Year Average Return 0.1070838
Total Assets 394,661,184
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 13.1082115
Trailing Peg Ratio None
Trailing Three Month Nav Returns 4.3901
Trailing Three Month Returns 4.3901
Triggerable 1
Two Hundred Day Average 16.0684
Two Hundred Day Average Change 0.47930145
Two Hundred Day Average Change Percent 0.029828824
Type Disp ETF
Volume 40,913
Yield 0.063200004
Ytd Return 4.3901