MDIV vs VOO
Multi-Asset Diversified Income Index Fund compared with Vanguard S&P 500 ETF on yield, payout growth, payment schedule, cost and risk.
MDIV
Multi-Asset Diversified Income Index Fund
TTM yield · Monthly
VOO
Vanguard S&P 500 ETF
TTM yield · Quarterly
Quick take
- MDIV yields more today: 7.19% vs 1.04% (forward).
- VOO has grown its payout faster: 7.0%/yr vs 5.6%/yr over the last 5 years.
- MDIV pays every month; VOO pays every quarter.
- Over the last year VOO delivered the higher total return: +15.3% vs +7.0% (price change plus payouts).
- VOO is cheaper to own: 0.03% vs 0.71% expense ratio.
- VOO has the steadier distribution: consistency 94/100 vs 66/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MDIV | VOO |
|---|---|---|
| Share price | $16.07 | $698.58 |
| TTM yield | 6.75% | 1.06% |
| Forward yield | 7.19% | 1.04% |
| Annual payout per share | $1.155 | $7.292 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 24, 2026 (est.) | Dec 29, 2026 (est.) |
| Expense ratio | 0.71% | 0.03% |
| 1-year payout growth | -0.7% | +5.6% |
| 5-year payout CAGR | +5.6% | +7.0% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 66/100 | 94/100 |
| 1-year total return | +7.0% | +15.3% |
| 1-year price return | +0.2% | +14.1% |
| Size (market cap / AUM) | 407.1M | 1.7T |
| Years paying | 14.1 | 16.1 |
| Sector / category | Aggressive Allocation | Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MDIV | VOO | |
|---|---|---|
| Shares | 622.3 | 14.3 |
| Income per year | $719 | $104 |
| Income per month (avg) | $60 | $9 |
At forward yields, before taxes. Model MDIV · Model VOO
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MDIV Nov 23, 2026 | Dec 1, 2026 | $0.0963 | Est. |
| MDIV Dec 23, 2026 | Dec 31, 2026 | $0.0963 | Est. |
| MDIV Jan 22, 2027 | Jan 30, 2027 | $0.0963 | Est. |
| VOO Dec 29, 2026 | Jan 12, 2027 | $1.823 | Est. |
| VOO Mar 31, 2027 | Apr 14, 2027 | $1.823 | Est. |
| VOO Jul 1, 2027 | Jul 15, 2027 | $1.823 | Est. |
Annual payouts per share
MDIVVOO
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MDIV or VOO?
MDIV currently has the higher trailing yield: MDIV yields 6.75% and VOO yields 1.06%. Yield changes daily with price, so check the live figures above.
How often do MDIV and VOO pay?
MDIV pays every month and VOO pays every quarter. MDIV's next ex-date is Oct 24, 2026 and VOO's is Dec 29, 2026.
Which has grown its dividend faster, MDIV or VOO?
VOO has grown its payout faster: 7.0%/yr vs 5.6%/yr over the last 5 years.
Is MDIV or VOO better for income?
It depends on what you are optimising for. MDIV and VOO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.