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UCON vs DEED

First Trust Smith Unconstrained Plus Bond ETF vs First Trust Securitized Plus ETF

UCON

First Trust Smith Unconstrained Plus Bond ETF

First Trust

Annual cost

0.86%

Fund size

$3.2B

DEED

First Trust Securitized Plus ETF

First Trust

Annual cost

0.66%

Fund size

$68M

Key differences

  • DEED costs 0.20% less per year.
  • UCON is significantly larger than DEED — larger funds tend to be more liquid and less likely to close.
  • UCON follows a active selection strategy; DEED uses index tracking.
  • Over the last 3 years, UCON has delivered higher annualized returns.

Side-by-side comparison

UCONDEED
Annual cost (TER)0.86%0.66%
Fund size (AUM)$3.2B$68M
Since20182020
Dividend yield4.65%4.19%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.0%+6.7%
CAGR 3Y+5.7%+4.7%
CAGR 5Y+2.8%+0.2%
Sharpe 3Y0.570.20
Volatility 1Y3.00%3.98%
Max drawdown-15.31%-19.94%

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

Similar to UCON and DEED