FIXD vs UCON

Comparison between FIRST TRUST TCW OPPORTUNISTIC FIXED INCOME ETF (FIXD, ETF) and FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF).

5-Year PerformanceUCON has outperformed FIXD, delivering a return of +2.7% compared to -0.8%

FIXD vs UCON - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FIXD(ETF)	UCON(ETF)
Net Assets	$3.20B	$3.30B
Expense Ratio	0.65%	0.86%
Max Drawdown	26.65%	15.31%
Sharpe Ratio	-0.33	-0.12
5Y Beta	0.05	0.04
5Y Dividends CAGR	4.99%	12.21%

Net Assets

FIXD

$3.20B

Winner

UCON

$3.30B

Expense Ratio

Winner

FIXD

0.65%

UCON

0.86%

Max Drawdown

FIXD

26.65%

Winner

UCON

15.31%

Sharpe Ratio

FIXD

-0.33

Winner

UCON

-0.12

5Y Beta

FIXD

0.05

Winner

UCON

0.04

5Y Dividends CAGR

FIXD

4.99%

Winner

UCON

12.21%

FIXD vs UCON - Historical Returns

Returns include dividend reinvestment.

Period	FIXD	UCON
1 month	-0.29%	+0.21%
3 months	-0.04%	+0.34%
6 months	-2.01%	-0.55%
1 year	+2.59%	+3.63%
5 years(CAGR)	-0.77%	+2.71%
10 years(CAGR)	+1.92%	+3.59%
Max(CAGR)	+1.92%	+3.59%

FIXD

-0.29%

Winner

UCON

+0.21%

FIXD

-0.04%

Winner

UCON

+0.34%

FIXD

-2.01%

Winner

UCON

-0.55%

FIXD

+2.59%

Winner

UCON

+3.63%

5Y(CAGR)

FIXD

-0.77%

Winner

UCON

+2.71%

10Y(CAGR)

FIXD

+1.92%

Winner

UCON

+3.59%

Max(CAGR)

FIXD

+1.92%

Winner

UCON

+3.59%

FIXD vs UCON - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	FIXD	UCON
2026	-0.50%	+0.50%
2025	+7.82%	+7.00%
2024	+1.26%	+4.90%
2023	+5.12%	+7.67%
2022	-14.49%	-5.72%
2021	-1.13%	+1.05%
2020	+8.82%	+6.67%
2019	+10.30%	+7.13%
2018	+0.14%	+1.11%
2017	+3.50%	N/A

FIXD vs UCON Drawdown Comparison

The maximum drawdown for FIXD was -20.44%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

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

The current FIXD drawdown is -4.27%. The current UCON drawdown is -0.72%.

Rank	FIXD	UCON
#1	-20.44% Aug 4, 2021 - Oct 20, 2022	-15.31% Mar 5, 2020 - Jul 2, 2020
#2	-8.51% Mar 9, 2020 - May 22, 2020	-9.60% Sep 14, 2021 - Dec 14, 2023
#3	-3.22% Jan 4, 2021 - Jul 19, 2021	-2.45% Feb 26, 2026 - Jun 29, 2026
#4	-3.17% Sep 5, 2017 - Jan 3, 2019	-1.70% Feb 1, 2024 - May 15, 2024
#5	-2.11% Sep 4, 2019 - Oct 4, 2019	-1.67% Sep 24, 2024 - Feb 24, 2025
#6	-1.53% Oct 4, 2019 - Dec 13, 2019	-1.53% Mar 3, 2025 - May 30, 2025
#7	-1.52% Feb 24, 2017 - Apr 11, 2017	-1.31% Jun 29, 2026 - Jul 23, 2026
#8	-1.47% Jun 23, 2017 - Aug 24, 2017	-1.12% Nov 9, 2018 - Jan 10, 2019
#9	-1.29% Aug 6, 2020 - Dec 29, 2020	-1.07% Feb 11, 2021 - May 26, 2021
#10	-0.77% Jul 3, 2019 - Aug 1, 2019	-0.96% Sep 4, 2019 - Oct 1, 2019
#11	-0.73% Mar 28, 2019 - May 7, 2019	-0.88% Feb 24, 2020 - Mar 3, 2020
#12	-0.72% Jun 6, 2017 - Jun 22, 2017	-0.87% Dec 28, 2023 - Jan 12, 2024
#13	-0.57% Jan 31, 2020 - Feb 20, 2020	-0.83% Oct 13, 2020 - Nov 5, 2020
#14	-0.54% Dec 13, 2019 - Jan 2, 2020	-0.75% Oct 28, 2025 - Nov 25, 2025
#15	-0.48% Feb 26, 2019 - Mar 7, 2019	-0.73% May 15, 2024 - Jun 4, 2024