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Multi-Asset Diversified Income Index Fund (MDIV)

Aggressive Allocation | Exchange Traded Fund | NasdaqGM
16.79 USD 0.00 (-0.030%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.79
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Aug. 22, 2026, 4:40 a.m. EDT

This instrument is a classic defensive income vehicle, not a growth engine. The price history reveals a brutal multi-year decline, dropping nearly 22% in 2020 and struggling to recover since, leaving the asset down significantly over the last nine years. While the trailing twelve-month performance was flat, the long-term trajectory is structurally bearish, suggesting the market continues to discount the underlying assets' performance. However, the 6.75% dividend yield provides a compelling floor for income-focused investors, offering a substantial buffer against the capital losses incurred over the decade. The lack of options activity confirms that neither bulls nor bears are actively trading this name, making it a 'buy and hold' for yield rather than a trade for momentum.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.017986
MSTL0.018563
AutoETS0.020460
AutoARIMA0.020460

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 74%
H-stat 2.89
Ljung-Box p 0.000
Jarque-Bera p 0.211
Excess Kurtosis -0.53
Attribute Value
Trailing P/E 14.18

As of Aug. 22, 2026, 4:40 a.m. EDT: Options activity is virtually dormant with zero open interest across all expirations except for a single ATM anchor strike in early 2027. This indicates a complete lack of speculative positioning or directional bets from traders, reflecting the security's status as a passive index fund with low liquidity.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.68% 7.04% 6.69% 6.51%
Dividend History
Date Dividend Yield %
2026-08-21 0.115 0.684524
2026-07-21 0.068 0.406699
2026-06-25 0.159 0.967742
2026-05-21 0.132 0.794702
2026-04-21 0.052 0.316687
2026-03-26 0.134 0.830235
2026-02-20 0.077 0.463297
2026-01-21 0.060 0.372208
2025-12-12 0.081 0.512334
2025-11-21 0.111 0.708360
2025-10-21 0.070 0.445010
2025-09-25 0.086 0.537500
2025-08-21 0.103 0.643348
2025-07-22 0.051 0.317559
2025-06-26 0.095 0.601647
2025-05-21 0.101 0.644544
2025-04-22 0.051 0.326504
2025-03-27 0.135 0.827713
2025-02-21 0.074 0.449575
2025-01-22 0.067 0.410037
2024-12-13 0.106 0.647526
2024-11-21 0.082 0.491902
2024-10-22 0.072 0.435835
2024-09-26 0.098 0.593220
2024-08-21 0.117 0.721777
2024-07-23 0.049 0.301724
2024-06-27 0.089 0.568690
2024-05-21 0.090 0.568182
2024-04-23 0.062 0.397691
2024-03-21 0.125 0.795672
2024-02-21 0.070 0.452781
2024-01-23 0.074 0.478964
2023-12-22 0.098 0.629416
2023-11-21 0.107 0.721024
2023-10-24 0.047 0.329362
2023-09-22 0.098 0.672615
2023-08-22 0.088 0.604811
2023-07-21 0.049 0.326449
2023-06-27 0.070 0.488486
2023-05-23 0.105 0.732218
2023-04-21 0.022 0.149762
2023-03-24 0.136 0.967972
2023-02-22 0.072 0.465116
2023-01-24 0.060 0.381679
2022-12-23 0.111 0.737052
2022-11-22 0.091 0.585963
2022-10-21 0.062 0.420910
2022-09-23 0.117 0.792683
2022-08-23 0.114 0.703704
2022-07-21 0.031 0.196327
2022-06-24 0.097 0.635232
2022-05-24 0.109 0.674923
2022-04-21 0.053 0.314914
2022-03-25 0.091 0.543608
2022-02-18 0.072 0.438757
2022-01-21 0.055 0.331325
2021-12-23 0.093 0.567766
2021-11-23 0.098 0.593939
2021-10-21 0.063 0.373002
2021-09-23 0.076 0.463415
2021-08-24 0.078 0.472155
2021-07-21 0.063 0.375671
2021-06-24 0.068 0.400943
2021-05-21 0.082 0.486358
2021-04-21 0.059 0.354567
2021-03-25 0.047 0.293017
2021-02-23 0.070 0.447284
2021-01-21 0.084 0.550098
2020-12-24 0.061 0.406396
2020-11-24 0.074 0.489095
2020-10-21 0.076 0.552727
2020-09-24 0.061 0.460725
2020-08-21 0.089 0.631654
2020-07-21 0.041 0.295176
2020-06-25 0.065 0.472384
2020-05-21 0.107 0.800898
2020-04-21 0.036 0.291498
2020-03-26 0.084 0.702341
2020-02-21 0.122 0.669594
2020-01-22 0.087 0.463506
2019-12-13 0.085 0.461957
2019-11-21 0.128 0.702139
2019-10-22 0.060 0.324324
2019-09-25 0.088 0.476448
2019-08-21 0.120 0.661522
2019-07-23 0.059 0.316524
2019-06-14 0.104 0.563686
2019-05-21 0.112 0.602151
2019-04-23 0.060 0.321716
2019-03-21 0.100 0.543183
2019-02-21 0.131 0.714675
2019-01-23 0.063 0.354331
2018-12-18 0.097 0.568581
2018-11-21 0.135 0.763575
2018-10-23 0.054 0.300668
2018-09-14 0.097 0.519550
2018-08-21 0.076 0.402116
2018-07-20 0.057 0.309783
2018-06-21 0.135 0.736900
2018-05-22 0.119 0.650273
2018-04-20 0.046 0.255130
2018-03-22 0.121 0.681690
2018-02-21 0.111 0.605895
2018-01-23 0.089 0.458999
2017-12-21 0.109 0.576110
2017-11-21 0.162 0.867238
2017-10-20 0.064 0.333681
2017-09-21 0.140 0.734908
2017-08-22 0.097 0.512144
2017-07-21 0.056 0.288511
2017-06-22 0.111 0.581152
2017-05-23 0.088 0.452908
2017-04-21 0.062 0.317298
2017-03-23 0.109 0.566528
2017-02-22 0.087 0.441849
2017-01-20 0.065 0.336962
2016-12-21 0.105 0.551471
2016-11-22 0.084 0.449438
2016-10-21 0.069 0.368984
2016-09-21 0.098 0.518519
2016-08-23 0.113 0.578301
2016-07-21 0.095 0.485189
2016-06-22 0.126 0.657963
2016-05-20 0.123 0.646348
2016-04-21 0.089 0.473153
2016-03-23 0.111 0.608219
2016-02-23 0.138 0.802792
2016-01-21 0.065 0.391095
2015-12-23 0.099 0.538043
2015-11-20 0.120 0.645161
2015-10-21 0.069 0.359188
2015-09-23 0.129 0.690948
2015-08-21 0.089 0.463783
2015-07-21 0.085 0.425213
2015-06-24 0.084 0.412574
2015-05-21 0.110 0.523560
2015-02-20 0.110 0.513060
2015-01-21 0.141 0.664781
2014-12-23 0.121 0.566745
2014-11-21 0.083 0.379863
2014-10-21 0.101 0.466082
2014-09-23 0.104 0.481481
2014-08-21 0.104 0.467416
2014-07-22 0.102 0.461121
2014-06-24 0.097 0.436740
2014-05-21 0.125 0.575242
2014-04-22 0.080 0.369686
2014-03-25 0.136 0.642722
2014-02-21 0.108 0.513308
2014-01-22 0.059 0.280819
2013-12-18 0.185 0.898931
2013-11-21 0.049 0.234114
2013-10-22 0.088 0.414899
2013-09-20 0.153 0.737705
2013-08-21 0.135 0.662414
2013-07-23 0.096 0.445269
2013-06-21 0.066 0.318841
2013-05-21 0.125 0.559034
2013-04-23 0.076 0.342651
2013-03-21 0.076 0.352341
2013-02-21 0.133 0.633937
2012-12-21 0.284 1.420710
2012-09-21 0.037 0.181462
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2017-01-31
dividendYield 6.75

Info Dump

Attribute Value
All Time High 22.58
All Time Low 9.01
Ask 16.81
Ask Size 3
Average Daily Volume10 Day 45,060
Average Daily Volume3 Month 63,079
Average Volume 63,079
Average Volume10Days 45,060
Beta3 Year 0.65
Bid 16.17
Bid Size 1
Category Aggressive Allocation
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.8699
Day Low 16.77
Dividend Date 1,485,820,800
Dividend Yield 6.75
Eps Trailing Twelve Months 1.1840308
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.7332
Fifty Day Average Change 0.056800842
Fifty Day Average Change Percent 0.0033944997
Fifty Two Week Change Percent 3.9603949
Fifty Two Week High 17.02
Fifty Two Week High Change -0.22999954
Fifty Two Week High Change Percent -0.013513486
Fifty Two Week Low 15.52
Fifty Two Week Low Change 1.2700005
Fifty Two Week Low Change Percent 0.08182992
Fifty Two Week Range 15.52 - 17.02
First Trade Date Milliseconds 1,344,951,000,000
Five Year Average Return 0.0702992
Full Exchange Name NasdaqGM
Fullday Change -0.00499916
Fullday Change Percent -0.0297658
Fullday Price 16.79
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 16.8
Net Assets 429,277,472.0
Net Expense Ratio 0.71
Open 16.82
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 16.79
Post Market Time 1,787,948,100
Previous Close 16.795
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.00499916
Regular Market Change Percent -0.0297658
Regular Market Day High 16.8699
Regular Market Day Low 16.77
Regular Market Day Range 16.77 - 16.8699
Regular Market Open 16.82
Regular Market Previous Close 16.795
Regular Market Price 16.79
Regular Market Time 1,787,947,201
Regular Market Volume 64,014
Short Name Multi-Asset Diversified Income
Source Interval 15
Symbol MDIV
Three Year Average Return 0.1196402
Total Assets 429,277,472
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 14.180375
Trailing Peg Ratio None
Trailing Three Month Nav Returns 3.04052
Trailing Three Month Returns 3.04052
Triggerable 1
Two Hundred Day Average 16.38235
Two Hundred Day Average Change 0.40765
Two Hundred Day Average Change Percent 0.024883486
Type Disp ETF
Volume 64,014
Yield 0.0675
Ytd Return 11.38123