Overview Holdings Performance Dividends Similar Etfs Correlations

4 Stock and 96 ETF MDIV (MULTI-ASSET DIVERSIFIED INCOME INDEX FUND) alternatives

The most close MDIV (MULTI-ASSET DIVERSIFIED INCOME INDEX FUND) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9751.

Stocks that highly correlated with MDIV

Symbol	Name	Market cap	Sector	Industry	Correlation
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	0.92
ADAMM	Adamas Trust Inc	$2.27B	Real Estate	Reit - Mortgage	0.92
ADAMN	Adamas Trust Inc	$2.19B	Real Estate	Reit - Mortgage	0.90
EFC-P-A	Ellington Financial Inc	$3.14B	N/A	Other	0.88

ETFs that highly correlated with MDIV

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.98
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$46M	0.50%	Jul 13, 2015	0.95
HIPS	GraniteShares HIPS US High Income ETF	$110M	1.17%	Jan 7, 2015	0.95
DIV	GLOBAL X SUPERDIVIDEND U.S. ETF	$747M	0.45%	Mar 11, 2013	0.95
CVY	INVESCO ZACKS MULTI-ASSET INCOME ETF	$121M	1.21%	Sep 21, 2006	0.94
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.94
GYLD	ARROW DOW JONES GLOBAL YIELD ETF	$33M	0.75%	May 8, 2012	0.94
DON	WISDOMTREE U.S. MIDCAP DIVIDEND FUND	$4B	0.38%	Jun 16, 2006	0.92
ONEY	STATE STREET(R) SPDR(R) RUSSELL 1000 YIELD FOCUS ETF	$727M	0.20%	Dec 2, 2015	0.92
IMCV	ISHARES MORNINGSTAR MID-CAP VALUE ETF	$1.10B	0.06%	Jun 28, 2004	0.92
SPYD	STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) HIGH DIVIDEND ETF	$7.40B	0.07%	Oct 21, 2015	0.92
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$847M	0.27%	Aug 24, 2018	0.91
GEND	GENTER CAPITAL DIVIDEND INCOME ETF	$4.80M	0.38%	Jan 13, 2025	0.91
SCD	LMP Capital and Income Fund Inc	$396M	N/A	N/A	0.91
FAB	FIRST TRUST MULTI CAP VALUE ALPHADEX FUND	$137M	0.66%	May 8, 2007	0.91
TPHD	TIMOTHY PLAN HIGH DIVIDEND STOCK ETF	$351M	0.52%	Apr 30, 2019	0.91
RDIV	INVESCO S&P ULTRA DIVIDEND REVENUE ETF	$1.30B	0.39%	Sep 30, 2013	0.91
CDL	VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD ETF	$392M	0.35%	Jul 7, 2015	0.91
MAGA	POINT BRIDGE AMERICA FIRST ETF	$31M	0.72%	Sep 6, 2017	0.90
VOE	VANGUARD MID-CAP VALUE INDEX FUND ETF SHARES	$37B	0.05%	Aug 17, 2006	0.90
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.90
RPV	INVESCO S&P 500 PURE VALUE ETF	$1.70B	0.35%	Mar 1, 2006	0.90
IWS	ISHARES RUSSELL MID-CAP VALUE ETF	$16B	0.23%	Jul 17, 2001	0.90
SPHD	INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF	$3.30B	0.30%	Oct 18, 2012	0.90
DEW	WISDOMTREE GLOBAL HIGH DIVIDEND FUND	$140M	0.58%	Jun 16, 2006	0.90
FNK	FIRST TRUST MID CAP VALUE ALPHADEX FUND	$221M	0.74%	Apr 19, 2011	0.90
FDVV	FIDELITY HIGH DIVIDEND ETF	$9.70B	0.15%	Sep 12, 2016	0.90
SDOG	ALPS SECTOR DIVIDEND DOGS ETF	$1.30B	0.36%	Jun 29, 2012	0.90
RIET	HOYA CAPITAL HIGH DIVIDEND YIELD ETF	$106M	0.50%	Sep 21, 2021	0.90
FTA	FIRST TRUST LARGE CAP VALUE ALPHADEX FUND	$1.30B	0.58%	May 8, 2007	0.90
HDLB	UBS AG London Branch ETRACS Monthly Pay 2X Leveraged US High Divid Low Volatility ETN Ser B 09302044	$5.20M	N/A	Oct 25, 2019	0.90
WBIY	WBI POWER FACTOR HIGH DIVIDEND ETF	$59M	0.97%	Dec 19, 2016	0.90
FSCS	FIRST TRUST SMID CAPITAL STRENGTH ETF	$59M	0.60%	Jun 20, 2017	0.90
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$118M	0.40%	May 19, 2006	0.90
SPDV	AAM S&P 500 HIGH DIVIDEND VALUE ETF	$95M	0.29%	Nov 28, 2017	0.90
VFVA	VANGUARD U.S. VALUE FACTOR ETF ETF SHARES	$845M	0.13%	Feb 13, 2018	0.90
ICAP	INFRASTRUCTURE CAPITAL EQUITY INCOME ETF	$114M	2.47%	Dec 28, 2021	0.90
DVY	ISHARES SELECT DIVIDEND ETF	$23B	0.38%	Nov 3, 2003	0.90
EQIN	COLUMBIA U.S. EQUITY INCOME ETF	$287M	0.35%	Jun 13, 2016	0.90
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.90
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$310M	0.19%	Sep 25, 2019	0.89
QDIV	GLOBAL X S&P 500 QUALITY DIVIDEND ETF	$29M	0.20%	Jul 13, 2018	0.89
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.89
AIVL	WISDOMTREE U.S. AI ENHANCED VALUE FUND	$416M	0.38%	Jun 16, 2006	0.89
JRI	Nuveen Real Asset Income and Growth Fund	$486M	N/A	N/A	0.89
CZA	INVESCO ZACKS MID-CAP ETF	$187M	0.69%	Apr 2, 2007	0.89
SPVM	INVESCO S&P 500 VALUE WITH MOMENTUM ETF	$115M	0.39%	Jun 16, 2011	0.89
PY	PRINCIPAL VALUE ETF	$220M	0.15%	Mar 21, 2016	0.89
XSHD	INVESCO S&P SMALLCAP HIGH DIVIDEND LOW VOLATILITY ETF	$73M	0.30%	Dec 1, 2016	0.89
NUMV	NUVEEN ESG MID-CAP VALUE ETF	$437M	0.31%	Dec 13, 2016	0.89
JPME	JPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF	$453M	0.24%	May 11, 2016	0.89
EZM	WISDOMTREE U.S. MIDCAP FUND	$939M	0.38%	Feb 23, 2007	0.89
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND ETF SHARES	$68B	0.05%	Jan 26, 2004	0.89
ISCV	ISHARES MORNINGSTAR SMALL-CAP VALUE ETF	$685M	0.06%	Jun 28, 2004	0.89
WTV	WISDOMTREE U.S. VALUE FUND	$2.90B	0.12%	Feb 23, 2007	0.89
PEY	INVESCO HIGH YIELD EQUITY DIVIDEND ACHIEVERS ETF	$1.10B	0.54%	Dec 9, 2004	0.89
IJJ	ISHARES S&P MID-CAP 400 VALUE ETF	$8.70B	0.18%	Jul 24, 2000	0.89
MDYV	STATE STREET(R) SPDR(R) S & P 400(TM) MID CAP VALUE ETF	$2.70B	0.15%	Nov 8, 2005	0.89
ONEV	STATE STREET(R) SPDR(R) RUSSELL 1000 LOW VOLATILITY FOCUS ETF	$342M	0.20%	Dec 1, 2015	0.89
OSCV	OPUS SMALL CAP VALUE ETF	$699M	0.79%	Jul 18, 2018	0.89
IVOV	VANGUARD S&P MID-CAP 400 VALUE INDEX FUND ETF SHARES	$1.50B	0.10%	Sep 7, 2010	0.89
EQAL	INVESCO RUSSELL 1000 EQUAL WEIGHT ETF	$808M	0.20%	Dec 23, 2014	0.89
WDIV	STATE STREET(R) SPDR(R) S&P(R) GLOBAL DIVIDEND ETF	$262M	0.40%	May 29, 2013	0.88
IWD	ISHARES RUSSELL 1000 VALUE ETF	$80B	0.18%	May 22, 2000	0.88
JPUS	JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF	$456M	0.18%	Sep 29, 2015	0.88
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND ETF SHARES	$22B	0.06%	Sep 20, 2010	0.88
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.88
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.88
DTD	WISDOMTREE U.S. TOTAL DIVIDEND FUND	$1.60B	0.28%	Jun 16, 2006	0.88
EVT	Eaton Vance Tax Advantaged Dividend Income Fund	$2.30B	N/A	N/A	0.88
SDIV	GLOBAL X SUPERDIVIDEND ETF	$1.20B	0.58%	Jun 8, 2011	0.88
KBWD	INVESCO KBW HIGH DIVIDEND YIELD FINANCIAL ETF	$424M	5.39%	Dec 2, 2010	0.88
DHS	WISDOMTREE U.S. HIGH DIVIDEND FUND	$1.50B	0.38%	Jun 16, 2006	0.88
FNDB	SCHWAB FUNDAMENTAL U.S. BROAD MARKET ETF	$1.40B	0.25%	Aug 15, 2013	0.88
FTDS	FIRST TRUST DIVIDEND STRENGTH ETF	$37M	0.70%	Dec 5, 2006	0.88
VLU	STATE STREET(R) SPDR(R) S&P(R) 1500 VALUE TILT ETF	$726M	0.12%	Oct 24, 2012	0.88
FDL	FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND	$7.30B	0.43%	Mar 9, 2006	0.88
NUDV	NUVEEN ESG DIVIDEND ETF	$47M	0.26%	Sep 27, 2021	0.88
QVMT	Invesco S&P 500 Enhanced Value ETF	$137M	0.13%	Oct 9, 2015	0.88
RDOG	ALPS REIT DIVIDEND DOGS ETF	$11M	0.35%	May 7, 2008	0.88
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	$94B	0.20%	Apr 24, 2003	0.88
PRF	INVESCO FTSE RAFI US 1000 ETF	$9.70B	0.34%	Dec 19, 2005	0.88
SRET	GLOBAL X SUPERDIVIDEND REIT ETF	$233M	0.58%	Mar 16, 2015	0.88
BDJ	BlackRock Enhanced Equity Dividend Trust	$1.80B	N/A	N/A	0.88
VALQ	AMERICAN CENTURY U.S. QUALITY VALUE ETF	$322M	0.29%	Jan 11, 2018	0.88
FNDX	SCHWAB FUNDAMENTAL U.S. LARGE COMPANY INDEX ETF	$26B	0.25%	Aug 15, 2013	0.88
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.88
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.88
PID	INVESCO INTERNATIONAL DIVIDEND ACHIEVERS ETF	$891M	0.53%	Sep 15, 2005	0.88
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.88
DES	WISDOMTREE U.S. SMALLCAP DIVIDEND FUND	$2.20B	0.38%	Jun 16, 2006	0.88
TPYP	TORTOISE NORTH AMERICAN PIPELINE ETF	$853M	0.40%	Jun 29, 2015	0.87
AVUV	AVANTIS U.S. SMALL CAP VALUE ETF	$29B	0.25%	Sep 24, 2019	0.87
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.87
SDY	STATE STREET(R) SPDR(R) S&P(R) DIVIDEND ETF	$21B	0.35%	Nov 8, 2005	0.87
HYGH	ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF	$550M	0.52%	May 27, 2014	0.87