UCON vs VNLA

Comparison between FIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF (UCON, ETF) and JANUS HENDERSON SHORT DURATION INCOME ETF (VNLA, ETF).

5-Year PerformanceVNLA has outperformed UCON, delivering a return of +3.8% compared to +2.8%

UCON vs VNLA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UCON(ETF)	VNLA(ETF)
Net Assets	$3.20B	$3.20B
Expense Ratio	0.86%	0.23%
Max Drawdown	15.31%	6.20%
Sharpe Ratio	0.72	1.96
5Y Beta	0.03	0.01
5Y Dividends CAGR	7.96%	39.43%

Net Assets

UCON

$3.20B

VNLA

$3.20B

Expense Ratio

UCON

0.86%

Winner

VNLA

0.23%

Max Drawdown

UCON

15.31%

Winner

VNLA

6.20%

Sharpe Ratio

UCON

0.72

Winner

VNLA

1.96

5Y Beta

UCON

0.03

Winner

VNLA

0.01

5Y Dividends CAGR

UCON

7.96%

Winner

VNLA

39.43%

UCON vs VNLA - Historical Returns

Returns include dividend reinvestment.

Period	UCON	VNLA
1 month	-0.06%	+0.30%
3 months	-0.61%	+0.52%
6 months	+0.82%	+1.83%
1 year	+5.77%	+4.92%
5 years(CAGR)	+2.78%	+3.77%
10 years(CAGR)	N/A	+2.96%
Max(CAGR)	+3.69%	+2.96%

UCON

-0.06%

Winner

VNLA

+0.30%

UCON

-0.61%

Winner

VNLA

+0.52%

UCON

+0.82%

Winner

VNLA

+1.83%

Winner

UCON

+5.77%

VNLA

+4.92%

5Y(CAGR)

UCON

+2.78%

Winner

VNLA

+3.77%

10Y(CAGR)

UCON

N/A

VNLA

+2.96%

Max(CAGR)

Winner

UCON

+3.69%

VNLA

+2.96%

UCON vs VNLA - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	UCON	VNLA
2026	+0.28%	+1.12%
2025	+7.00%	+5.43%
2024	+4.90%	+6.45%
2023	+7.67%	+5.88%
2022	-5.72%	-0.13%
2021	+1.05%	-0.24%
2020	+6.67%	+3.01%
2019	+7.13%	+4.43%
2018	+1.11%	+0.08%
2017	N/A	+2.11%
2016	N/A	+0.08%

UCON vs VNLA Drawdown Comparison

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

The maximum drawdown for VNLA was -4.49%, occurring on Mar 26, 2020. Recovery took 70 trading sessions.

The current UCON drawdown is -0.88%. The current VNLA drawdown is -0.04%.

Rank	UCON	VNLA
#1	-15.31% Mar 5, 2020 - Jul 2, 2020	-4.49% Mar 9, 2020 - Jun 17, 2020
#2	-9.60% Sep 14, 2021 - Dec 14, 2023	-1.76% Sep 30, 2021 - Jan 17, 2023
#3	-2.45% Feb 26, 2026 - Mar 26, 2026	-1.56% Nov 5, 2018 - Mar 22, 2019
#4	-1.70% Feb 1, 2024 - May 15, 2024	-0.73% Mar 13, 2023 - Apr 20, 2023
#5	-1.67% Sep 24, 2024 - Feb 24, 2025	-0.62% Jan 5, 2021 - Sep 30, 2021
#6	-1.53% Mar 3, 2025 - May 30, 2025	-0.48% Mar 28, 2025 - Apr 24, 2025
#7	-1.12% Nov 9, 2018 - Jan 10, 2019	-0.43% Feb 27, 2026 - Apr 9, 2026
#8	-1.07% Feb 11, 2021 - May 26, 2021	-0.41% Sep 4, 2019 - Oct 3, 2019
#9	-0.96% Sep 4, 2019 - Oct 1, 2019	-0.36% Oct 8, 2019 - Nov 26, 2019
#10	-0.88% Feb 24, 2020 - Mar 3, 2020	-0.34% Mar 29, 2019 - Apr 15, 2019
#11	-0.87% Dec 28, 2023 - Jan 12, 2024	-0.30% Jan 19, 2017 - Feb 1, 2017
#12	-0.83% Oct 13, 2020 - Nov 5, 2020	-0.29% Feb 1, 2024 - Mar 1, 2024
#13	-0.75% Oct 28, 2025 - Nov 25, 2025	-0.26% Apr 25, 2023 - May 10, 2023
#14	-0.73% May 15, 2024 - Jun 4, 2024	-0.26% Feb 17, 2017 - Mar 14, 2017
#15	-0.73% Feb 19, 2019 - Mar 6, 2019	-0.24% Dec 2, 2016 - Dec 28, 2016

Correlation

Correlation between UCON and VNLA is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2016 - 2026)

UCON vs VNLA dividend yield comparison.

Year	UCON	VNLA
2026	1.45%	1.54%
2025	4.63%	4.84%
2024	4.95%	4.97%
2023	4.75%	3.95%
2022	3.12%	4.35%
2021	2.20%	1.67%
2020	3.14%	1.21%
2019	3.25%	3.13%
2018	1.76%	2.43%
2017	0.00%	1.79%
2016	0.00%	0.08%