FSIG vs. UCON
Compare and contrast key facts about First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
FSIG and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSIG is an actively managed fund by First Trust. It was launched on Nov 17, 2021. 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: FSIG or UCON.
Correlation
The correlation between FSIG and UCON is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSIG vs. UCON - Performance Comparison
Key characteristics
FSIG:
2.06
UCON:
2.07
FSIG:
2.94
UCON:
3.12
FSIG:
1.41
UCON:
1.39
FSIG:
3.85
UCON:
3.49
FSIG:
10.34
UCON:
9.06
FSIG:
0.56%
UCON:
0.65%
FSIG:
2.83%
UCON:
2.87%
FSIG:
-6.88%
UCON:
-15.31%
FSIG:
-0.74%
UCON:
-1.16%
Returns By Period
In the year-to-date period, FSIG achieves a 1.16% return, which is significantly higher than UCON's 0.81% return.
FSIG
1.16%
-0.09%
1.04%
6.14%
N/A
N/A
UCON
0.81%
-0.77%
0.63%
6.23%
3.74%
N/A
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FSIG vs. UCON - Expense Ratio Comparison
FSIG has a 0.55% expense ratio, which is lower than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
FSIG vs. UCON — Risk-Adjusted Performance Rank
FSIG
UCON
FSIG vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) 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.
Dividends
FSIG vs. UCON - Dividend Comparison
FSIG's dividend yield for the trailing twelve months is around 4.61%, less than UCON's 4.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.61% | 4.61% | 4.42% | 2.48% | 0.12% | 0.00% | 0.00% | 0.00% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.84% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% |
Drawdowns
FSIG vs. UCON - Drawdown Comparison
The maximum FSIG drawdown since its inception was -6.88%, smaller than the maximum UCON drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for FSIG and UCON. For additional features, visit the drawdowns tool.
Volatility
FSIG vs. UCON - Volatility Comparison
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) has a higher volatility of 1.49% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.94%. This indicates that FSIG'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.