First Trust TCW Unconstrained Plus Bond ETF (UCON) Alternatives
First Trust TCW Unconstrained Plus Bond ETF (UCON) belongs to the Nontraditional Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UCON. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to UCON
UCON charges 0.86% annually. Among ETFs in the Nontraditional Bonds category, these options have the lowest expense ratios among UCON alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.23% | Dec 18, 2013 | UCON vs AGZD | |
| JPMorgan Flexible Debt ETF | 0.45% | Sep 26, 2025 | UCON vs JFLX | |
| Simplify Bond Bull ETF | 0.50% | Dec 9, 2024 | UCON vs RFIX | |
| Fidelity Tactical Bond ETF | 0.55% | Jan 24, 2023 | UCON vs FTBD | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 0.55% | Sep 27, 2021 | UCON vs OBND |
Best Risk-Adjusted Alternatives to UCON
Among ETFs in the Nontraditional Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 86 | Dec 18, 2013 | UCON vs AGZD | |
| NEOS Enhanced Income Credit Select ETF | 85 | Sep 27, 2024 | UCON vs HYBI | |
| Abacus Tactical High Yield ETF | 84 | — | UCON vs ABHY | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 73 | Sep 27, 2021 | UCON vs OBND | |
| RH Hedged Multi-Asset Income ETF | 71 | Oct 2, 2009 | UCON vs AMAX |
Top Performing UCON Alternatives (YTD)
UCON alternatives from the Nontraditional Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Simplify Bond Bull ETF | 12.33% | Dec 9, 2024 | UCON vs RFIX | |
| Return Stacked Bonds & Managed Futures ETF | 5.19% | Feb 7, 2023 | UCON vs RSBT | |
| Cboe Vest 10 Year Interest Rate Hedge ETF | 2.52% | Feb 2, 2023 | UCON vs RYSE | |
| FolioBeyond Alternative Income and Interest Rate H... | 1.82% | Sep 30, 2021 | UCON vs RISR | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 1.24% | Dec 18, 2013 | UCON vs AGZD |
Lowest Volatility Alternatives to UCON
UCON alternatives from the Nontraditional Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| JPMorgan Flexible Debt ETF | 2.51% | Sep 26, 2025 | UCON vs JFLX | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 3.46% | Dec 18, 2013 | UCON vs AGZD | |
| Brookmont Catastrophic Bond ETF | 3.53% | Mar 31, 2025 | UCON vs ILS | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 3.71% | Sep 27, 2021 | UCON vs OBND | |
| Abacus Tactical High Yield ETF | 3.83% | — | UCON vs ABHY |
Lowest Drawdown Alternatives to UCON
UCON alternatives from the Nontraditional Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -1.14% | Dec 18, 2013 | UCON vs AGZD | |
| Day Hagan/Ned Davis Research Smart Sector Fixed In... | -2.61% | Sep 28, 2021 | UCON vs SSFI | |
| FolioBeyond Alternative Income and Interest Rate H... | -2.61% | Sep 30, 2021 | UCON vs RISR | |
| SPDR Loomis Sayles Opportunistic Bond ETF | -2.88% | Sep 27, 2021 | UCON vs OBND | |
| Fidelity Tactical Bond ETF | -2.98% | Jan 24, 2023 | UCON vs FTBD |
Other ETFs from First Trust
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Often Compared With UCON
What investors most often compare with UCON, based on PortfoliosLab usage data.
Compare UCON with Any Fund or Stock
Compare UCON with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.