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First Trust TCW Unconstrained Plus Bond ETF (UCON)

24.17 +0.03 (+0.12%)
As of 12:43 PM EDT. Market Open.

ETF Summary

Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in a portfolio of fixed income securities. Its average portfolio duration will vary from between 0 to 10 years. It may invest a significant portion of its assets in securitized investment products, including up to 50% of its net assets in each of asset-backed securities, residential mortgage-backed securities and commercial mortgage-backed securities.

Risk Overview

Performance & Risk

YTD Return -0.76%
5y Average Return 2.45%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.54
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
UCONCategory AverageUCONCategory AverageUCONCategory Average
Alpha 0.93 0.53 1.6 1.16 0 0.79
BETA 0.54 0.46 0.55 0.46 0 0.42
Mean Annual Return 0.09 0.09 0.24 0.21 0 0.2
R-squared 88.83 51.93 52.85 28.45 0 22.5
Standard Deviation 4.25 5.12 4.68 6.34 0 5.12
Sharpe Ratio -0.45 -0.38 0.15 0.07 0 0.2
Treynor Ratio -3.66 -1.83 1.12 -5.02 0 5.52

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