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First Trust TCW Unconstrained Plus Bond ETF (UCON)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33740F8885

CUSIP

33740F888

Issuer

First Trust

Inception Date

Jun 4, 2018

Region

Global (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
UCON vs. HLIPX UCON vs. PIMIX UCON vs. WOBDX UCON vs. DIAL UCON vs. XBAL.TO UCON vs. TLT UCON vs. AGG UCON vs. DODIX UCON vs. AOK UCON vs. FTSM
Popular comparisons:
UCON vs. HLIPX UCON vs. PIMIX UCON vs. WOBDX UCON vs. DIAL UCON vs. XBAL.TO UCON vs. TLT UCON vs. AGG UCON vs. DODIX UCON vs. AOK UCON vs. FTSM

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust TCW Unconstrained Plus Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.97%
12.33%
UCON (First Trust TCW Unconstrained Plus Bond ETF)
Benchmark (^GSPC)

Returns By Period

First Trust TCW Unconstrained Plus Bond ETF had a return of 4.31% year-to-date (YTD) and 7.78% in the last 12 months.


UCON

YTD

4.31%

1M

-0.26%

6M

3.71%

1Y

7.78%

5Y (annualized)

2.79%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of UCON, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.49%-0.65%0.86%-1.38%1.26%0.76%1.70%1.31%1.02%-1.26%4.31%
20232.28%-1.83%1.14%1.84%-0.59%-0.35%1.22%0.17%-1.20%-0.54%2.83%2.60%7.72%
2022-0.82%-0.94%-1.06%-1.55%0.31%-2.39%1.96%-0.62%-3.19%-0.19%2.73%0.02%-5.72%
20210.28%-0.02%0.15%0.18%0.24%0.24%0.07%0.08%0.11%-0.28%-0.34%0.29%0.99%
20200.91%0.33%-7.08%3.73%1.88%1.62%1.90%0.75%0.19%0.36%1.29%0.87%6.54%
20191.68%0.08%1.13%0.92%0.44%1.01%0.39%0.50%0.02%0.88%-0.21%0.59%7.67%
20180.00%0.84%0.10%0.44%-0.28%-0.04%0.05%1.11%

Expense Ratio

UCON features an expense ratio of 0.76%, falling within the medium range.


Expense ratio chart for UCON: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UCON is 72, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of UCON is 7272
Combined Rank
The Sharpe Ratio Rank of UCON is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of UCON is 7474
Sortino Ratio Rank
The Omega Ratio Rank of UCON is 7575
Omega Ratio Rank
The Calmar Ratio Rank of UCON is 7878
Calmar Ratio Rank
The Martin Ratio Rank of UCON is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust TCW Unconstrained Plus Bond ETF (UCON) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for UCON, currently valued at 2.11, compared to the broader market0.002.004.002.112.46
The chart of Sortino ratio for UCON, currently valued at 3.13, compared to the broader market-2.000.002.004.006.008.0010.0012.003.133.31
The chart of Omega ratio for UCON, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.421.46
The chart of Calmar ratio for UCON, currently valued at 3.30, compared to the broader market0.005.0010.0015.003.303.55
The chart of Martin ratio for UCON, currently valued at 10.34, compared to the broader market0.0020.0040.0060.0080.00100.0010.3415.76
UCON
^GSPC

The current First Trust TCW Unconstrained Plus Bond ETF Sharpe ratio is 2.11. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust TCW Unconstrained Plus Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.11
2.46
UCON (First Trust TCW Unconstrained Plus Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust TCW Unconstrained Plus Bond ETF provided a 4.61% dividend yield over the last twelve months, with an annual payout of $1.14 per share. The fund has been increasing its distributions for 2 consecutive years.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$1.14$1.18$0.75$0.58$0.84$0.91$0.44

Dividend yield

4.61%4.75%3.12%2.20%3.14%3.51%1.76%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust TCW Unconstrained Plus Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.11$0.10$0.10$0.10$0.10$0.10$0.11$0.11$0.11$0.11$0.00$1.03
2023$0.10$0.09$0.09$0.09$0.09$0.09$0.10$0.11$0.11$0.11$0.11$0.11$1.18
2022$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.09$0.09$0.09$0.12$0.12$0.75
2021$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.58
2020$0.06$0.06$0.08$0.08$0.07$0.07$0.08$0.08$0.07$0.07$0.05$0.09$0.84
2019$0.13$0.07$0.07$0.07$0.08$0.07$0.07$0.07$0.07$0.08$0.08$0.07$0.91
2018$0.07$0.08$0.07$0.07$0.07$0.08$0.44

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.27%
-1.40%
UCON (First Trust TCW Unconstrained Plus Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust TCW Unconstrained Plus Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust TCW Unconstrained Plus Bond ETF was 15.31%, occurring on Mar 18, 2020. Recovery took 71 trading sessions.

The current First Trust TCW Unconstrained Plus Bond ETF drawdown is 1.27%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.31%Mar 6, 20209Mar 18, 202071Jun 29, 202080
-9.62%Sep 16, 2021279Oct 24, 2022287Dec 14, 2023566
-1.7%Feb 2, 202451Apr 16, 202421May 15, 202472
-1.67%Sep 25, 202428Nov 1, 2024
-1.12%Nov 12, 201829Dec 24, 201811Jan 10, 201940

Volatility

Volatility Chart

The current First Trust TCW Unconstrained Plus Bond ETF volatility is 0.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.80%
4.07%
UCON (First Trust TCW Unconstrained Plus Bond ETF)
Benchmark (^GSPC)