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HYBX vs UCON

TCW High Yield Bond ETF vs First Trust Smith Unconstrained Plus Bond ETF

HYBX

TCW High Yield Bond ETF

TCW

Annual cost

0.50%

Fund size

$33M

UCON

First Trust Smith Unconstrained Plus Bond ETF

First Trust

Annual cost

0.86%

Fund size

$3.2B

Key differences

  • HYBX costs 0.36% less per year.
  • UCON is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
  • HYBX follows a index tracking strategy; UCON uses active selection.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYBXUCON
Annual cost (TER)0.50%0.86%
Fund size (AUM)$33M$3.2B
Since19932018
Dividend yield7.49%4.65%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+7.0%+6.0%
CAGR 3YN/A+5.7%
CAGR 5YN/A+2.8%
Sharpe 3YN/A0.57
Volatility 1Y6.71%3.00%
Max drawdown-3.93%-15.31%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HYBX and UCON