UINC.L vs. UIND.L
UINC.L (First Trust US Equity Income UCITS ETF) and UIND.L (First Trust US Equity Income UCITS ETF) are both Dividend funds from First Trust tracking the First Trust US Equity Income UCITS ETF. Both are passively managed. Over the past 10 years, UINC.L returned 9.99%/yr vs 9.80%/yr for UIND.L. A 0.79 correlation means they provide meaningful diversification when combined.
Performance
UINC.L vs. UIND.L - Performance Comparison
Loading charts...
Different Trading Currencies
UINC.L is traded in GBp, while UIND.L is traded in USD. To make them comparable, the UIND.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with UINC.L having a 16.69% return and UIND.L slightly higher at 16.90%. Both investments have delivered pretty close results over the past 10 years, with UINC.L having a 9.99% annualized return and UIND.L not far behind at 9.80%.
UINC.L
- 1D
- -0.42%
- 1M
- 1.33%
- 6M
- 13.40%
- YTD
- 16.69%
- 1Y
- 22.27%
- 3Y*
- 14.34%
- 5Y*
- 10.14%
- 10Y*
- 9.99%
UIND.L
- 1D
- 0.00%
- 1M
- 1.24%
- 6M
- 13.54%
- YTD
- 16.90%
- 1Y
- 22.09%
- 3Y*
- 14.37%
- 5Y*
- -56.21%
- 10Y*
- 9.80%
UINC.L vs. UIND.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UINC.L First Trust US Equity Income UCITS ETF | 16.69% | 0.01% | 8.49% | 10.78% | 4.24% | 34.94% | -2.77% | 12.59% | -3.41% | 5.05% |
UIND.L First Trust US Equity Income UCITS ETF | 16.90% | -0.29% | 8.60% | 11.25% | -98.96% | 13,070.24% | -1.81% | 12.92% | -2.93% | 5.14% |
Correlation
The correlation between UINC.L and UIND.L is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2016 | 0.79 |
The correlation between UINC.L and UIND.L shifts across timeframes, from 0.79 (all time) to 0.93 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UINC.L vs. UIND.L — Risk / Return Rank
UINC.L
UIND.L
UINC.L vs. UIND.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust US Equity Income UCITS ETF (UINC.L) and First Trust US Equity Income UCITS ETF (UIND.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UINC.L | UIND.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.31 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.79 | 4.66 | +0.13 |
| Martin ratioReturn relative to average drawdown | 13.50 | 13.08 | +0.42 |
Loading charts...
Drawdowns
UINC.L vs. UIND.L - Drawdown Comparison
The maximum UINC.L drawdown since its inception was -38.33%, smaller than the maximum UIND.L drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for UINC.L and UIND.L.
Loading charts...
Drawdown Indicators
| UINC.L | UIND.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.33% | -99.11% | +60.78% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -5.19% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.09% | -22.97% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -23.09% | -99.11% | +76.02% |
Max Drawdown (10Y)Largest decline over 10 years | -38.33% | -99.11% | +60.78% |
Current DrawdownCurrent decline from peak | -0.88% | -98.60% | +97.72% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -45.96% | +37.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.85% | -0.04% |
Volatility
UINC.L vs. UIND.L - Volatility Comparison
The current volatility for First Trust US Equity Income UCITS ETF (UINC.L) is 3.50%, while First Trust US Equity Income UCITS ETF (UIND.L) has a volatility of 4.43%. This indicates that UINC.L experiences smaller price fluctuations and is considered to be less risky than UIND.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UINC.L | UIND.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 4.43% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 9.01% | 9.59% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.64% | 13.18% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.74% | 47.62% | -30.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.57% | 3,140.60% | -3,121.03% |
Dividends
UINC.L vs. UIND.L - Dividend Comparison
UINC.L's dividend yield for the trailing twelve months is around 2.82%, more than UIND.L's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
UINC.L First Trust US Equity Income UCITS ETF | 2.82% | 3.03% | 2.84% | 3.20% | 3.25% | 2.15% | 3.40% | 3.14% | 3.01% | 2.49% | 1.60% |
UIND.L First Trust US Equity Income UCITS ETF | 2.78% | 3.00% | 2.90% | 3.14% | 3.27% | 0.02% | 3.14% | 3.04% | 3.14% | 2.42% | 1.69% |
Frequently Asked Questions
With a correlation of 0.92, UINC.L and UIND.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs track First Trust US Equity Income UCITS ETF.
Find the right allocation for UINC.L and UIND.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer