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SLNZ vs UCON

TCW Senior Loan ETF vs First Trust Smith Unconstrained Plus Bond ETF

SLNZ

TCW Senior Loan ETF

TCW

Annual cost

0.65%

Fund size

$227M

UCON

First Trust Smith Unconstrained Plus Bond ETF

First Trust

Annual cost

0.86%

Fund size

$3.2B

Key differences

  • SLNZ costs 0.21% less per year.
  • UCON is significantly larger than SLNZ — larger funds tend to be more liquid and less likely to close.
  • SLNZ follows a index tracking strategy; UCON uses active selection.
  • SLNZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SLNZUCON
Annual cost (TER)0.65%0.86%
Fund size (AUM)$227M$3.2B
Since20132018
Dividend yield7.57%4.65%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+3.8%+6.0%
CAGR 3YN/A+5.7%
CAGR 5YN/A+2.8%
Sharpe 3YN/A0.57
Volatility 1Y4.47%3.00%
Max drawdown-2.57%-15.31%

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

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