FHLC vs UCON

Comparison between FIDELITY MSCI HEALTH CARE INDEX ETF (FHLC, ETF) and FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF).

5-Year PerformanceFHLC has outperformed UCON, delivering a return of +5.4% compared to +2.7%

FHLC vs UCON - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHLC(ETF)	UCON(ETF)
Net Assets	$3.20B	$3.30B
Expense Ratio	0.08%	0.86%
Max Drawdown	29.21%	15.31%
Sharpe Ratio	1.65	-0.05
5Y Beta	0.48	0.04
P/E Ratio	37.59	N/A
Forward P/E	19.73	N/A
5Y Dividends CAGR	5.72%	9.97%
5Y EPS CAGR	12.74%	N/A
Debt to Equity	79.01%	N/A
P/S Ratio	1.95	N/A
P/B Ratio	5.15	N/A

Net Assets

FHLC

$3.20B

Winner

UCON

$3.30B

Expense Ratio

Winner

FHLC

0.08%

UCON

0.86%

Max Drawdown

FHLC

29.21%

Winner

UCON

15.31%

Sharpe Ratio

Winner

FHLC

1.65

UCON

-0.05

5Y Beta

FHLC

0.48

Winner

UCON

0.04

P/E Ratio

FHLC

37.59

UCON

N/A

Forward P/E

FHLC

19.73

UCON

N/A

5Y Dividends CAGR

FHLC

5.72%

Winner

UCON

9.97%

5Y EPS CAGR

FHLC

12.74%

UCON

N/A

Debt to Equity

FHLC

79.01%

UCON

N/A

P/S Ratio

FHLC

1.95

UCON

N/A

P/B Ratio

FHLC

5.15

UCON

N/A

FHLC vs UCON - Historical Returns

Returns include dividend reinvestment.

Period	FHLC	UCON
1 month	+0.65%	-0.14%
3 months	+15.63%	+0.18%
6 months	+8.03%	+0.23%
1 year	+32.95%	+3.72%
5 years(CAGR)	+5.41%	+2.73%
10 years(CAGR)	+10.13%	+3.63%
Max(CAGR)	+11.10%	+3.63%

Winner

FHLC

+0.65%

UCON

-0.14%

Winner

FHLC

+15.63%

UCON

+0.18%

Winner

FHLC

+8.03%

UCON

+0.23%

Winner

FHLC

+32.95%

UCON

+3.72%

5Y(CAGR)

Winner

FHLC

+5.41%

UCON

+2.73%

10Y(CAGR)

Winner

FHLC

+10.13%

UCON

+3.63%

Max(CAGR)

Winner

FHLC

+11.10%

UCON

+3.63%

FHLC vs UCON - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FHLC	UCON
2026	+8.95%	+0.69%
2025	+15.26%	+7.00%
2024	+0.95%	+4.90%
2023	+2.95%	+7.67%
2022	-4.85%	-5.72%
2021	+21.15%	+1.05%
2020	+18.06%	+6.67%
2019	+23.48%	+7.13%
2018	+3.45%	+1.11%
2017	+21.82%	N/A
2016	-1.38%	N/A
2015	+6.81%	N/A
2014	+25.83%	N/A
2013	+5.79%	N/A

FHLC vs UCON Drawdown Comparison

The maximum drawdown for FHLC was -28.74%, occurring on Mar 23, 2020. Recovery took 70 trading sessions.

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

The current FHLC drawdown is -0.41%. The current UCON drawdown is -0.54%.

Rank	FHLC	UCON
#1	-28.74% Feb 19, 2020 - May 29, 2020	-15.31% Mar 5, 2020 - Jul 2, 2020
#2	-20.41% Jul 20, 2015 - Jun 1, 2017	-9.60% Sep 14, 2021 - Dec 14, 2023
#3	-17.73% Dec 30, 2021 - Feb 5, 2024	-2.45% Feb 26, 2026 - Jun 29, 2026
#4	-17.02% Oct 1, 2018 - Nov 15, 2019	-1.70% Feb 1, 2024 - May 15, 2024
#5	-16.87% Sep 16, 2024 - Nov 12, 2025	-1.67% Sep 24, 2024 - Feb 24, 2025
#6	-12.08% Jan 26, 2018 - Aug 2, 2018	-1.53% Mar 3, 2025 - May 30, 2025
#7	-10.38% Jan 7, 2026 - Jun 26, 2026	-1.31% Jun 29, 2026 - Jul 23, 2026
#8	-8.26% Mar 4, 2014 - Jun 20, 2014	-1.12% Nov 9, 2018 - Jan 10, 2019
#9	-7.98% Sep 2, 2021 - Dec 23, 2021	-1.07% Feb 11, 2021 - May 26, 2021
#10	-7.87% Feb 12, 2021 - Apr 15, 2021	-0.96% Sep 4, 2019 - Oct 1, 2019
#11	-7.17% Sep 24, 2014 - Oct 24, 2014	-0.88% Feb 24, 2020 - Mar 3, 2020
#12	-6.65% Mar 28, 2024 - Jul 11, 2024	-0.87% Dec 28, 2023 - Jan 12, 2024
#13	-6.62% Jun 8, 2020 - Jul 14, 2020	-0.83% Oct 13, 2020 - Nov 5, 2020
#14	-6.58% Oct 12, 2020 - Nov 4, 2020	-0.75% Oct 28, 2025 - Nov 25, 2025
#15	-6.29% Sep 2, 2020 - Oct 8, 2020	-0.73% May 15, 2024 - Jun 4, 2024

Correlation

Correlation between FHLC and UCON is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2013 - 2026)

FHLC vs UCON dividend yield comparison.

Year	FHLC	UCON
2026	0.61%	2.61%
2025	1.40%	4.63%
2024	1.51%	4.95%
2023	1.40%	4.75%
2022	1.30%	3.12%
2021	1.16%	2.20%
2020	1.45%	3.14%
2019	1.18%	3.25%
2018	1.38%	1.76%
2017	1.38%	0.00%
2016	1.40%	0.00%
2015	2.07%	0.00%
2014	1.03%	0.00%
2013	0.20%	0.00%