UCON vs NEA
Comparison between FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF) and Nuveen AMT-Free Quality Municipal Income Fund (NEA, ETF).
5-Year PerformanceUCON has outperformed NEA, delivering a return of +2.7% compared to -0.8%
UCON vs NEA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
UCON vs NEA - Historical Returns
Returns include dividend reinvestment.
UCON vs NEA - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | UCON | NEA |
|---|---|---|
| 2026 | +0.69% | +2.22% |
| 2025 | +7.00% | +10.42% |
| 2024 | +4.90% | +9.00% |
| 2023 | +7.67% | -0.58% |
| 2022 | -5.72% | -23.00% |
| 2021 | +1.05% | +8.45% |
| 2020 | +6.67% | +10.47% |
| 2019 | +7.13% | +20.56% |
| 2018 | +1.11% | -5.87% |
| 2017 | N/A | +9.35% |
| 2016 | N/A | +1.99% |
| 2015 | N/A | +6.25% |
| 2014 | N/A | +21.40% |
| 2013 | N/A | -16.42% |
| 2012 | N/A | +6.78% |
| 2011 | N/A | +17.35% |
| 2010 | N/A | +1.80% |
| 2009 | N/A | +34.36% |
| 2008 | N/A | -24.81% |
| 2007 | N/A | +5.52% |
| 2006 | N/A | +11.55% |
| 2005 | N/A | +4.15% |
| 2004 | N/A | -4.83% |
| 2003 | N/A | +8.59% |
| 2002 | N/A | +0.07% |
UCON vs NEA Drawdown Comparison
The maximum drawdown for UCON was -15.31%, occurring on Mar 18, 2020. Recovery took 83 trading sessions.
The maximum drawdown for NEA was -43.81%, occurring on Oct 10, 2008. Recovery took 405 trading sessions.
The current UCON drawdown is -0.54%. The current NEA drawdown is -4.79%.
| Rank | UCON | NEA |
|---|---|---|
| #1 | -15.31% Mar 5, 2020 - Jul 2, 2020 | -43.81% Feb 12, 2008 - Sep 21, 2009 |
| #2 | -9.60% Sep 14, 2021 - Dec 14, 2023 | -36.56% Sep 15, 2021 - Oct 23, 2023 |
| #3 | -2.45% Feb 26, 2026 - Jun 29, 2026 | -25.03% Mar 6, 2020 - Aug 10, 2020 |
| #4 | -1.70% Feb 1, 2024 - May 15, 2024 | -23.18% Nov 30, 2012 - Jan 7, 2015 |
| #5 | -1.67% Sep 24, 2024 - Feb 24, 2025 | -18.08% Sep 10, 2010 - Dec 2, 2011 |
| #6 | -1.53% Mar 3, 2025 - May 30, 2025 | -16.44% Mar 5, 2004 - Jun 29, 2005 |
| #7 | -1.31% Jun 29, 2026 - Jul 23, 2026 | -12.37% Jul 8, 2016 - Mar 7, 2019 |
| #8 | -1.12% Nov 9, 2018 - Jan 10, 2019 | -12.29% Feb 12, 2007 - Jan 15, 2008 |
| #9 | -1.07% Feb 11, 2021 - May 26, 2021 | -10.90% Jul 28, 2005 - Jul 12, 2006 |
| #10 | -0.96% Sep 4, 2019 - Oct 1, 2019 | -10.61% Jul 14, 2003 - Dec 31, 2003 |
| #11 | -0.88% Feb 24, 2020 - Mar 3, 2020 | -9.23% Feb 2, 2015 - Dec 24, 2015 |
| #12 | -0.87% Dec 28, 2023 - Jan 12, 2024 | -9.15% Oct 7, 2009 - Feb 2, 2010 |
| #13 | -0.83% Oct 13, 2020 - Nov 5, 2020 | -6.54% Mar 12, 2012 - May 16, 2012 |
| #14 | -0.75% Oct 28, 2025 - Nov 25, 2025 | -4.92% Jan 27, 2021 - Apr 13, 2021 |
| #15 | -0.73% May 15, 2024 - Jun 4, 2024 | -4.73% Nov 30, 2006 - Feb 12, 2007 |
Correlation
Correlation between UCON and NEA is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2003 - 2026)
UCON vs NEA dividend yield comparison.
| Year | UCON | NEA |
|---|---|---|
| 2026 | 2.61% | 4.16% |
| 2025 | 4.63% | 7.36% |
| 2024 | 4.95% | 6.63% |
| 2023 | 4.75% | 3.95% |
| 2022 | 3.12% | 5.49% |
| 2021 | 2.20% | 4.50% |
| 2020 | 3.14% | 4.45% |
| 2019 | 3.25% | 4.46% |
| 2018 | 1.76% | 5.40% |
| 2017 | 0.00% | 5.33% |
| 2016 | 0.00% | 5.70% |
| 2015 | 0.00% | 5.71% |
| 2014 | 0.00% | 5.95% |
| 2013 | 0.00% | 6.24% |
| 2012 | 0.00% | 5.65% |
| 2011 | 0.00% | 5.64% |
| 2010 | 0.00% | 6.09% |
| 2009 | 0.00% | 5.37% |
| 2008 | 0.00% | 6.81% |
| 2007 | 0.00% | 4.93% |
| 2006 | 0.00% | 5.10% |
| 2005 | 0.00% | 5.93% |
| 2004 | 0.00% | 6.81% |
| 2003 | 0.00% | 6.11% |
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