First Trust TCW Unconstrained Plus Bond ETF (UCON)
UCON is an actively managed ETF by First Trust. UCON launched on Jun 4, 2018 and has a 0.76% expense ratio.
ETF Info
| ISIN | US33740F8885 |
|---|---|
| CUSIP | 33740F888 |
| Issuer | First Trust |
| Inception Date | Jun 4, 2018 |
| Region | Global (Broad) |
| Category | Total Bond Market, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | www.ftportfolios.com |
| Asset Class | Bond |
Expense Ratio
UCON features an expense ratio of 0.76%, falling within the medium range.
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
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.
Returns By Period
First Trust TCW Unconstrained Plus Bond ETF had a return of 3.97% year-to-date (YTD) and 8.42% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.97% | 24.30% |
| 1 month | -0.70% | 4.09% |
| 6 months | 3.71% | 14.29% |
| 1 year | 8.42% | 35.42% |
| 5 years (annualized) | 2.76% | 13.95% |
| 10 years (annualized) | N/A | 11.33% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | -0.65% | 0.86% | -1.38% | 1.26% | 0.76% | 1.70% | 1.31% | 1.02% | -1.26% | 3.97% | ||
| 2023 | 2.28% | -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% |
| 2021 | 0.28% | -0.02% | 0.15% | 0.18% | 0.24% | 0.24% | 0.07% | 0.08% | 0.11% | -0.28% | -0.34% | 0.29% | 0.99% |
| 2020 | 0.91% | 0.33% | -7.08% | 3.73% | 1.88% | 1.62% | 1.90% | 0.75% | 0.19% | 0.36% | 1.29% | 0.87% | 6.54% |
| 2019 | 1.68% | 0.08% | 1.13% | 0.92% | 0.44% | 1.01% | 0.39% | 0.50% | 0.02% | 0.88% | -0.21% | 0.59% | 7.67% |
| 2018 | 0.00% | 0.84% | 0.10% | 0.44% | -0.28% | -0.04% | 0.05% | 1.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UCON is 73, 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.
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.
Dividends
Dividend History
First Trust TCW Unconstrained Plus Bond ETF provided a 5.07% dividend yield over the last twelve months, with an annual payout of $1.25 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.18 | $0.75 | $0.58 | $0.84 | $0.91 | $0.44 |
Dividend yield | 5.07% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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 1.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.31% | Mar 6, 2020 | 9 | Mar 18, 2020 | 71 | Jun 29, 2020 | 80 |
| -9.62% | Sep 16, 2021 | 279 | Oct 24, 2022 | 287 | Dec 14, 2023 | 566 |
| -1.7% | Feb 2, 2024 | 51 | Apr 16, 2024 | 21 | May 15, 2024 | 72 |
| -1.67% | Sep 25, 2024 | 28 | Nov 1, 2024 | — | — | — |
| -1.12% | Nov 12, 2018 | 29 | Dec 24, 2018 | 11 | Jan 10, 2019 | 40 |
Volatility
Volatility Chart
The current First Trust TCW Unconstrained Plus Bond ETF volatility is 0.64%, 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.