UCON vs EWU

Comparison between FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF) and ISHARES MSCI UNITED KINGDOM ETF (EWU, ETF).

5-Year PerformanceEWU has outperformed UCON, delivering a return of +10.9% compared to +2.8%

UCON vs EWU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UCON(ETF)	EWU(ETF)
Net Assets	$3.30B	$3.40B
Expense Ratio	0.86%	0.50%
Max Drawdown	15.31%	66.94%
Sharpe Ratio	0.56	1.14
5Y Beta	0.04	0.59
5Y Dividends CAGR	8.79%	12.29%

Net Assets

UCON

$3.30B

Winner

EWU

$3.40B

Expense Ratio

UCON

0.86%

Winner

EWU

0.50%

Max Drawdown

Winner

UCON

15.31%

EWU

66.94%

Sharpe Ratio

UCON

0.56

Winner

EWU

1.14

5Y Beta

Winner

UCON

0.04

EWU

0.59

5Y Dividends CAGR

UCON

8.79%

Winner

EWU

12.29%

UCON vs EWU - Historical Returns

Returns include dividend reinvestment.

Period	UCON	EWU
1 month	+0.44%	+1.20%
3 months	+1.20%	+2.79%
6 months	+1.37%	+11.08%
1 year	+5.21%	+20.30%
5 years(CAGR)	+2.78%	+10.88%
10 years(CAGR)	+3.71%	+8.51%
Max(CAGR)	+3.71%	+4.23%

UCON

+0.44%

Winner

EWU

+1.20%

UCON

+1.20%

Winner

EWU

+2.79%

UCON

+1.37%

Winner

EWU

+11.08%

UCON

+5.21%

Winner

EWU

+20.30%

5Y(CAGR)

UCON

+2.78%

Winner

EWU

+10.88%

10Y(CAGR)

UCON

+3.71%

Winner

EWU

+8.51%

Max(CAGR)

UCON

+3.71%

Winner

EWU

+4.23%

UCON vs EWU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	UCON	EWU
2026	+0.73%	+6.07%
2025	+7.00%	+35.28%
2024	+4.90%	+7.79%
2023	+7.67%	+12.02%
2022	-5.72%	-5.49%
2021	+1.05%	+16.67%
2020	+6.67%	-11.93%
2019	+7.13%	+21.33%
2018	+1.11%	-15.06%
2017	N/A	+21.11%
2016	N/A	+0.39%
2015	N/A	-6.15%
2014	N/A	-6.45%
2013	N/A	+17.73%
2012	N/A	+12.01%
2011	N/A	-3.68%
2010	N/A	+8.10%
2009	N/A	+35.62%
2008	N/A	-46.01%
2007	N/A	+5.79%
2006	N/A	+26.45%
2005	N/A	+6.53%
2004	N/A	+18.42%
2003	N/A	+30.76%
2002	N/A	-15.16%
2001	N/A	-14.85%
2000	N/A	-15.37%
1999	N/A	+5.56%

UCON vs EWU Drawdown Comparison

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

The maximum drawdown for EWU was -64.00%, occurring on Mar 9, 2009. Recovery took 1634 trading sessions.

The current UCON drawdown is -0.44%. The current EWU drawdown is -3.12%.

Rank	UCON	EWU
#1	-15.31% Mar 5, 2020 - Jul 2, 2020	-64.00% Oct 31, 2007 - Apr 30, 2014
#2	-9.60% Sep 14, 2021 - Dec 14, 2023	-46.84% Jan 3, 2000 - Mar 4, 2005
#3	-2.45% Feb 26, 2026 - Mar 26, 2026	-43.33% Jan 26, 2018 - May 7, 2021
#4	-1.70% Feb 1, 2024 - May 15, 2024	-29.36% Jul 3, 2014 - Jan 17, 2018
#5	-1.67% Sep 24, 2024 - Feb 24, 2025	-24.88% Feb 9, 2022 - Apr 13, 2023
#6	-1.53% Mar 3, 2025 - May 30, 2025	-13.36% Jul 12, 2007 - Oct 11, 2007
#7	-1.12% Nov 9, 2018 - Jan 10, 2019	-12.67% May 9, 2006 - Sep 1, 2006
#8	-1.07% Feb 11, 2021 - May 26, 2021	-12.63% Mar 19, 2025 - Apr 28, 2025
#9	-0.96% Sep 4, 2019 - Oct 1, 2019	-10.04% Jul 26, 2023 - Dec 22, 2023
#10	-0.88% Feb 24, 2020 - Mar 3, 2020	-9.92% Feb 27, 2026 - Mar 20, 2026
#11	-0.87% Dec 28, 2023 - Jan 12, 2024	-9.56% Sep 27, 2024 - Feb 28, 2025
#12	-0.83% Oct 13, 2020 - Nov 5, 2020	-8.43% Sep 6, 2005 - Jan 3, 2006
#13	-0.75% Oct 28, 2025 - Nov 25, 2025	-8.09% Feb 26, 2007 - Mar 21, 2007
#14	-0.73% May 15, 2024 - Jun 4, 2024	-7.06% Jun 15, 2021 - Oct 20, 2021
#15	-0.73% Feb 19, 2019 - Mar 6, 2019	-6.41% Mar 4, 2005 - Aug 11, 2005

Correlation

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

0.89

-101

Dividend Comparison (1999 - 2026)

UCON vs EWU dividend yield comparison.

Year	UCON	EWU
2026	1.83%	0.00%
2025	4.63%	3.73%
2024	4.95%	4.16%
2023	4.75%	4.14%
2022	3.12%	3.43%
2021	2.20%	4.35%
2020	3.14%	2.48%
2019	3.25%	4.13%
2018	1.76%	4.98%
2017	0.00%	3.91%
2016	0.00%	3.97%
2015	0.00%	4.11%
2014	0.00%	7.59%
2013	0.00%	2.39%
2012	0.00%	3.57%
2011	0.00%	3.30%
2010	0.00%	2.43%
2009	0.00%	2.59%
2008	0.00%	6.61%
2007	0.00%	3.50%
2006	0.00%	3.47%
2005	0.00%	3.11%
2004	0.00%	1.91%
2003	0.00%	3.05%
2002	0.00%	2.33%
2001	0.00%	3.25%
2000	0.00%	5.35%
1999	0.00%	1.85%