FELV vs UCON

Comparison between FIDELITY ENHANCED LARGE CAP VALUE ETF (FELV, ETF) and FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF).

FELV vs UCON - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FELV(ETF)	UCON(ETF)
Net Assets	$3.20B	$3.30B
Expense Ratio	0.18%	0.86%
Max Drawdown	16.87%	15.31%
Sharpe Ratio	2.28	0.41
5Y Beta	0.75	0.04
P/E Ratio	23.92	N/A
Forward P/E	18.75	N/A
5Y Dividends CAGR	N/A	9.44%
5Y EPS CAGR	15.29%	N/A
Debt to Equity	53.83%	N/A
P/S Ratio	2.46	N/A
P/B Ratio	3.50	N/A

Net Assets

FELV

$3.20B

Winner

UCON

$3.30B

Expense Ratio

Winner

FELV

0.18%

UCON

0.86%

Max Drawdown

FELV

16.87%

Winner

UCON

15.31%

Sharpe Ratio

Winner

FELV

2.28

UCON

0.41

5Y Beta

FELV

0.75

Winner

UCON

0.04

P/E Ratio

FELV

23.92

UCON

N/A

Forward P/E

FELV

18.75

UCON

N/A

5Y Dividends CAGR

FELV

N/A

UCON

9.44%

5Y EPS CAGR

FELV

15.29%

UCON

N/A

Debt to Equity

FELV

53.83%

UCON

N/A

P/S Ratio

FELV

2.46

UCON

N/A

P/B Ratio

FELV

3.50

UCON

N/A

FELV vs UCON - Historical Returns

Returns include dividend reinvestment.

Period	FELV	UCON
1 month	+2.97%	-0.30%
3 months	+12.81%	+0.24%
6 months	+16.54%	+0.62%
1 year	+32.28%	+4.78%
5 years(CAGR)	N/A	+2.76%
10 years(CAGR)	N/A	+3.66%
Max(CAGR)	+22.89%	+3.66%

Winner

FELV

+2.97%

UCON

-0.30%

Winner

FELV

+12.81%

UCON

+0.24%

Winner

FELV

+16.54%

UCON

+0.62%

Winner

FELV

+32.28%

UCON

+4.78%

5Y(CAGR)

FELV

N/A

UCON

+2.76%

10Y(CAGR)

FELV

N/A

UCON

+3.66%

Max(CAGR)

Winner

FELV

+22.89%

UCON

+3.66%

FELV vs UCON - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	FELV	UCON
2026	+19.11%	+0.70%
2025	+16.15%	+7.00%
2024	+15.69%	+4.90%
2023	+7.19%	+7.67%
2022	N/A	-5.72%
2021	N/A	+1.05%
2020	N/A	+6.67%
2019	N/A	+7.13%
2018	N/A	+1.11%

FELV vs UCON Drawdown Comparison

The maximum drawdown for FELV was -16.09%, occurring on Apr 8, 2025. Recovery took 174 trading sessions.

The maximum drawdown for UCON was -15.31%, occurring on Mar 18, 2020. Recovery took 83 trading sessions.

The current UCON drawdown is -0.52%.

Rank	FELV	UCON
#1	-16.09% Nov 29, 2024 - Aug 13, 2025	-15.31% Mar 5, 2020 - Jul 2, 2020
#2	-6.85% Feb 27, 2026 - Apr 14, 2026	-9.60% Sep 14, 2021 - Dec 14, 2023
#3	-5.34% Mar 28, 2024 - Jul 12, 2024	-2.45% Feb 26, 2026 - Jun 29, 2026
#4	-5.15% Jul 31, 2024 - Aug 19, 2024	-1.70% Feb 1, 2024 - May 15, 2024
#5	-4.23% Nov 12, 2025 - Nov 28, 2025	-1.67% Sep 24, 2024 - Feb 24, 2025
#6	-3.39% Aug 30, 2024 - Sep 19, 2024	-1.53% Mar 3, 2025 - May 30, 2025
#7	-2.88% Oct 3, 2025 - Oct 21, 2025	-1.12% Nov 9, 2018 - Jan 10, 2019
#8	-2.67% Oct 16, 2024 - Nov 6, 2024	-1.07% Feb 11, 2021 - May 26, 2021
#9	-2.59% Jun 4, 2026 - Jun 12, 2026	-0.96% Sep 4, 2019 - Oct 1, 2019
#10	-2.13% Nov 11, 2024 - Nov 22, 2024	-0.88% Feb 24, 2020 - Mar 3, 2020
#11	-2.11% Jul 17, 2024 - Jul 31, 2024	-0.87% Dec 28, 2023 - Jan 12, 2024
#12	-1.91% Jan 8, 2024 - Jan 25, 2024	-0.83% Oct 13, 2020 - Nov 5, 2020
#13	-1.89% Oct 27, 2025 - Nov 11, 2025	-0.80% Jun 29, 2026 - Jul 13, 2026
#14	-1.61% Dec 19, 2023 - Dec 26, 2023	-0.75% Oct 28, 2025 - Nov 25, 2025
#15	-1.54% Dec 11, 2025 - Dec 24, 2025	-0.73% May 15, 2024 - Jun 4, 2024