Correlation
The correlation between CRED and UCON is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
CRED vs. UCON
Compare and contrast key facts about Columbia Research Enhanced Real Estate ETF (CRED) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
CRED and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRED is a passively managed fund by Columbia that tracks the performance of the Beta Advantage Lionstone Research Enhanced REIT Index - Benchmark TR Gross. It was launched on Apr 26, 2023. UCON is an actively managed fund by First Trust. It was launched on Jun 4, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRED or UCON.
Performance
CRED vs. UCON - Performance Comparison
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Key characteristics
CRED:
0.85
UCON:
2.31
CRED:
1.11
UCON:
3.29
CRED:
1.15
UCON:
1.43
CRED:
0.75
UCON:
3.73
CRED:
2.12
UCON:
9.17
CRED:
6.20%
UCON:
0.68%
CRED:
17.56%
UCON:
2.81%
CRED:
-17.59%
UCON:
-15.31%
CRED:
-7.30%
UCON:
-0.11%
Returns By Period
In the year-to-date period, CRED achieves a 1.09% return, which is significantly lower than UCON's 1.88% return.
CRED
1.09%
2.03%
-7.29%
14.74%
N/A
N/A
N/A
UCON
1.88%
0.16%
1.70%
6.44%
4.16%
3.24%
N/A
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CRED vs. UCON - Expense Ratio Comparison
CRED has a 0.33% expense ratio, which is lower than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
CRED vs. UCON — Risk-Adjusted Performance Rank
CRED
UCON
CRED vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Real Estate ETF (CRED) and First Trust TCW Unconstrained Plus Bond ETF (UCON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CRED vs. UCON - Dividend Comparison
CRED's dividend yield for the trailing twelve months is around 4.80%, more than UCON's 4.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CRED Columbia Research Enhanced Real Estate ETF | 4.80% | 4.82% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.75% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% |
Drawdowns
CRED vs. UCON - Drawdown Comparison
The maximum CRED drawdown since its inception was -17.59%, which is greater than UCON's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for CRED and UCON.
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Volatility
CRED vs. UCON - Volatility Comparison
Columbia Research Enhanced Real Estate ETF (CRED) has a higher volatility of 4.37% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.84%. This indicates that CRED's price experiences larger fluctuations and is considered to be riskier than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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