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UCON vs FMB

First Trust Smith Unconstrained Plus Bond ETF vs First Trust Managed Municipal ETF

UCON

First Trust Smith Unconstrained Plus Bond ETF

Annual cost

0.86%

Fund size

$3.3B

FMB

First Trust Managed Municipal ETF

Annual cost

0.39%

Fund size

$2.0B

Key differences

Both UCON and FMB are fixed income ETFs. UCON charges 0.86% a year and FMB 0.39%. The main difference: UCON follows a active selection strategy; FMB uses index tracking.

  • UCON follows a active selection strategy; FMB uses index tracking.
  • FMB costs 0.47% less per year.
  • Over the last three years, UCON has delivered higher annualized returns.

Side-by-side comparison

UCONFMB
Annual cost (TER)0.86%0.39%
Fund size (AUM)$3.3B$2.0B
Since20182014
Dividend yield4.66%3.51%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+6.9%
CAGR 3Y+5.6%+3.9%
CAGR 5Y+2.7%+0.7%
Sharpe 3Y0.530.08
Volatility 1Y2.97%2.63%
Max drawdown-15.31%-14.16%

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

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