MDAA: MYRIAD DYNAMIC ASSET ALLOCATION ETF
What this ETF is trying to do
The Myriad Dynamic Asset Allocation ETF (MDAA) is designed to spread investments across different types of assets. Based on its top holdings, it invests in a mix of individual companies and other ETFs. This includes large technology companies and funds that focus on international markets like Japan, South Korea, and Taiwan.
What the numbers show
As of September 18, 2026, the share price of MDAA was $116.05.
Looking at the performance for the current year (Year-to-Date), the ETF has a price return of approximately 16.86%. This means the share price increased by that percentage. The supplied total return for the year is also 16.86%.
Data for one-year and three-year returns was not supplied.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. MDAA has a distribution yield of approximately 0.39%. Over the last 12 months, it has made one payout totaling $0.46 per share. These payouts happen on an irregular or less frequent basis.
It is important for beginners to know that a distribution yield is not the same as a total return. A high yield does not always mean the investment is growing, as the share price can still go down even while the fund pays out cash.
NAV erosion explanation
"NAV erosion" happens when the actual value of the assets inside an ETF drops over time. StockValueFinder uses an erosion-risk score to help identify this.
For MDAA, the erosion score is not available because there is not enough verified price history. However, the severe erosion-risk flag is false, meaning the specific warning for substantial price deterioration was not triggered.
Top Holdings
The fund holds 75 different assets. Because the list is partial, we only see the largest ones. As of October 4, 2026, the top holdings included:
• Vanguard FTSE All-Wld Ex-US ETF: 8.34%
• NVIDIA Corp: 6.13%
• Microsoft Corp: 5.63%
• Franklin FTSE South Korea ETF: 5.46%
• Alphabet Inc Class A: 4.58%
• Amazon.com Inc: 4.32%
• TSM: 3.92%
• Apple Inc: 3.74%
• Franklin FTSE Taiwan ETF: 2.42%
• Micron Technology Inc: 2.32%
Pros
• The ETF has shown a positive price return of 16.86% so far this year.
• It provides exposure to a wide variety of global markets and major tech companies.
Cons
• The distribution yield is very low (0.39%), and payouts are irregular.
• There is not enough historical data to provide a long-term performance track record or an erosion score.
Beginner takeaway
MDAA is a diversified fund that has seen growth in its share price this year. While it does pay some cash to investors, it is not designed for those seeking high regular income. Because it lacks a long price history, investors cannot see how it performs over several years.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 6.36% |
| 2 | MICROSOFT CORP | MSFT | 6.29% |
| 3 | FRANKLIN FTSE SOUTH KOREA ETF | FLKR | 5.27% |
| 4 | ISHARES CORE S&P 500 ETF | IVV | 4.78% |
| 5 | ALPHABET INC CLASS A | GOOGL | 4.65% |
| 6 | AMAZON.COM INC | AMZN | 4.64% |
| 7 | FRANKLIN FTSE JAPAN ETF | FLJP | 4.45% |
| 8 | n/a | TSM | 4.15% |
| 9 | ISHARES CORE MSCI EMERGING MARKETS ETF | IEMG | 4.13% |
| 10 | APPLE INC | AAPL | 3.65% |