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UCON vs FPE

First Trust Smith Unconstrained Plus Bond ETF vs First Trust Preferred Securities and Income ETF

UCON

First Trust Smith Unconstrained Plus Bond ETF

Annual cost

0.86%

Fund size

$3.3B

FPE

First Trust Preferred Securities and Income ETF

Annual cost

0.83%

Fund size

$6.3B

Key differences

Both UCON and FPE are fixed income ETFs. UCON charges 0.86% a year and FPE 0.83%. The main difference: UCON follows a active selection strategy; FPE uses index tracking.

  • UCON follows a active selection strategy; FPE uses index tracking.
  • Over the last three years, FPE has delivered higher annualized returns.
  • FPE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

UCONFPE
Annual cost (TER)0.86%0.83%
Fund size (AUM)$3.3B$6.3B
Since20182013
Dividend yield4.66%5.84%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+7.5%
CAGR 3Y+5.6%+10.0%
CAGR 5Y+2.7%+3.0%
Sharpe 3Y0.531.26
Volatility 1Y2.97%3.86%
Max drawdown-15.31%-33.35%

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

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