UCON:NYE-First Trust TCW Unconstrained Plus Bond ETF (USD)

ETF | Nontraditional Bond |

Last Closing

USD 24.75

Change

+0.05 (+0.20)%

Market Cap

USD 3.13B

Volume

0.96M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-05 )

Largest Industry Peers for Nontraditional Bond

Symbol Name Price(Change) Market Cap
IVOL Quadratic Interest Rate Volati..

-0.17 (-0.93%)

USD 0.66B
RINF ProShares Inflation Expectatio..

+0.01 (+0.03%)

USD 0.02B

ETFs Containing UCON

ZIN:CA BMO S&P/TSX Equal Weight .. 3.03 % 0.59 %

-0.01 (-0.02%)

CAD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Nontraditional Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.04% 67% D+ 33% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.04% 67% D+ 36% F
Trailing 12 Months  
Capital Gain 3.38% 100% F 29% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.38% 100% F 33% F
Trailing 5 Years  
Capital Gain -4.36% 67% D+ 47% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.36% 67% D+ 48% F
Average Annual (5 Year Horizon)  
Capital Gain -0.93% 67% D+ 29% F
Dividend Return 2.06% 67% D+ 34% F
Total Return 2.98% 100% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 5.32% 100% F 90% A-
Risk Adjusted Return 38.70% 67% D+ 56% F
Market Capitalization 3.13B 100% F 72% C

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike