Correlation
The correlation between ERET 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.
ERET vs. UCON
Compare and contrast key facts about Ishares Environmentally Aware Real Estate ETF (ERET) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
ERET and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERET is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit Developed Green Target Index. It was launched on Nov 15, 2022. 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: ERET or UCON.
Performance
ERET vs. UCON - Performance Comparison
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Key characteristics
ERET:
0.74
UCON:
2.36
ERET:
1.16
UCON:
3.47
ERET:
1.16
UCON:
1.45
ERET:
0.73
UCON:
3.93
ERET:
2.00
UCON:
9.68
ERET:
6.46%
UCON:
0.68%
ERET:
17.41%
UCON:
2.82%
ERET:
-20.30%
UCON:
-15.31%
ERET:
-5.21%
UCON:
0.00%
Returns By Period
In the year-to-date period, ERET achieves a 5.65% return, which is significantly higher than UCON's 2.13% return.
ERET
5.65%
2.30%
-1.81%
11.30%
N/A
N/A
N/A
UCON
2.13%
0.37%
1.90%
6.33%
4.19%
3.29%
N/A
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ERET vs. UCON - Expense Ratio Comparison
ERET has a 0.30% expense ratio, which is lower than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
ERET vs. UCON — Risk-Adjusted Performance Rank
ERET
UCON
ERET vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Environmentally Aware Real Estate ETF (ERET) 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
ERET vs. UCON - Dividend Comparison
ERET's dividend yield for the trailing twelve months is around 4.03%, less than UCON's 4.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
ERET Ishares Environmentally Aware Real Estate ETF | 4.03% | 4.26% | 3.67% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.73% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% |
Drawdowns
ERET vs. UCON - Drawdown Comparison
The maximum ERET drawdown since its inception was -20.30%, which is greater than UCON's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for ERET and UCON.
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Volatility
ERET vs. UCON - Volatility Comparison
Ishares Environmentally Aware Real Estate ETF (ERET) has a higher volatility of 3.91% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.86%. This indicates that ERET'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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