FTSM vs. UCON
Compare and contrast key facts about First Trust Enhanced Short Maturity ETF (FTSM) and First Trust TCW Unconstrained Plus Bond ETF (UCON).
FTSM and UCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTSM is an actively managed fund by First Trust. It was launched on Aug 5, 2014. 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: FTSM or UCON.
Correlation
The correlation between FTSM and UCON is 0.01, 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.
Performance
FTSM vs. UCON - Performance Comparison
Key characteristics
FTSM:
10.16
UCON:
2.37
FTSM:
23.89
UCON:
3.59
FTSM:
5.37
UCON:
1.46
FTSM:
35.04
UCON:
4.04
FTSM:
221.88
UCON:
10.04
FTSM:
0.02%
UCON:
0.67%
FTSM:
0.52%
UCON:
2.85%
FTSM:
-4.12%
UCON:
-15.31%
FTSM:
0.00%
UCON:
-0.48%
Returns By Period
The year-to-date returns for both investments are quite close, with FTSM having a 1.46% return and UCON slightly higher at 1.51%.
FTSM
1.46%
0.37%
2.25%
5.23%
2.85%
2.12%
UCON
1.51%
0.16%
1.86%
6.93%
3.84%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTSM vs. UCON - Expense Ratio Comparison
FTSM has a 0.25% expense ratio, which is lower than UCON's 0.76% expense ratio.
Risk-Adjusted Performance
FTSM vs. UCON — Risk-Adjusted Performance Rank
FTSM
UCON
FTSM vs. UCON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Short Maturity ETF (FTSM) 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
FTSM vs. UCON - Dividend Comparison
FTSM's dividend yield for the trailing twelve months is around 4.73%, less than UCON's 4.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTSM First Trust Enhanced Short Maturity ETF | 4.73% | 4.91% | 4.62% | 1.62% | 0.39% | 1.20% | 2.38% | 2.14% | 1.37% | 1.02% | 0.48% | 0.19% |
UCON First Trust TCW Unconstrained Plus Bond ETF | 4.79% | 4.95% | 4.75% | 3.12% | 2.20% | 3.14% | 3.50% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTSM vs. UCON - Drawdown Comparison
The maximum FTSM drawdown since its inception was -4.12%, smaller than the maximum UCON drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for FTSM and UCON. For additional features, visit the drawdowns tool.
Volatility
FTSM vs. UCON - Volatility Comparison
The current volatility for First Trust Enhanced Short Maturity ETF (FTSM) is 0.21%, while First Trust TCW Unconstrained Plus Bond ETF (UCON) has a volatility of 1.02%. This indicates that FTSM experiences smaller price fluctuations and is considered to be less risky than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.