Skip to content
Screener

UCON vs FCEF

First Trust Smith Unconstrained Plus Bond ETF vs First Trust Income Opportunity ETF

UCON

First Trust Smith Unconstrained Plus Bond ETF

Annual cost

0.86%

Fund size

$3.3B

FCEF

First Trust Income Opportunity ETF

Annual cost

3.69%

Fund size

$79M

Key differences

UCON is a fixed income ETF, while FCEF is a mixed asset ETF. UCON charges 0.86% a year and FCEF 3.69%.

  • UCON is a fixed income fund, while FCEF is a mixed asset fund. They carry different risk/return profiles.
  • UCON costs 2.83% less per year.
  • UCON is much larger than FCEF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FCEF has delivered higher annualized returns.

Side-by-side comparison

UCONFCEF
Annual cost (TER)0.86%3.69%
Fund size (AUM)$3.3B$79M
Since20182016
Dividend yield4.66%6.19%
Asset classfixed incomemixed asset
Region
Strategyactive selectionactive selection
CAGR 1Y+5.5%+14.2%
CAGR 3Y+5.6%+15.4%
CAGR 5Y+2.7%+5.7%
Sharpe 3Y0.531.13
Volatility 1Y2.97%7.83%
Max drawdown-15.31%-44.81%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

Similar to UCON and FCEF