Which returned more over the last year, FIXD or UBND?

In the year to Oct 28, 2026, with distributions reinvested, FIXD returned −2.6% and UBND −1.0%.

Which is cheaper, FIXD or UBND?

UBND is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FIXD vs UBND: Differences, Returns & Fees

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FIXD's duration was 6.2 years on Aug 31, 2026 and UBND's 5.6 on Jun 30, 2026; UBND charges 0.40% to FIXD's 0.65%.

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Net assets: $2.8bn on Oct 27, 2026 for First Trust Smith Opportunistic Fixed Income ETF, and $1.9bn on Jun 30, 2026 for VictoryShares Core Plus Bond ETF.

FIXD on its own →UBND on its own →

At a glance

−2.6%

FIXD total return, 1 year

−1.0%

UBND total return, 1 year

0.65%

FIXD expense ratio

0.40%

UBND expense ratio

Pair scorecard

UBND costs 0.25 points a year less; their one-year returns differ by 1.6 points.

FIXD vs UBND: Differences, Returns & Fees
Measure	FIXD	UBND
Return
Measure	FIXD	UBND
Total return, 1 year	−2.6%	−1.0%
Drawdown
Measure	FIXD	UBND
Below its high	5.7%, high on Aug 4, 2021
Benchmark
Measure	FIXD	UBND
What it tracks	No index, actively managed	No index, actively managed
Cost and size
Measure	FIXD	UBND
Expense ratio	0.65%	0.40%
Net assets, FIXD as of Oct 27, 2026 and UBND as of Jun 30, 2026	$2.8bn	$1.9bn
Holdings
Measure	FIXD	UBND
Holdings in common	4%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

Risk and return

Oct 15, 2021 to Oct 23, 2026 · 262 weekly returns

FIXD UBND

Return

Total return edge UBND −4.4% +2.9%

Annualized edge UBND −0.9% +0.6%

Price return edge UBND −21.8% −16.4%

Risk

Volatility edge UBND 6.5% 5.7%

Max drawdown edge UBND −19.6% −16.3%

Risk-adjusted

Sharpe edge UBND −0.70 −0.56

Sortino edge UBND −0.93 −0.72

Calmar edge UBND −0.05 0.04

Reading

UBND returned more: +2.9% to −4.4%. UBND swung less: 5.7% to 6.5%. UBND fell less at its worst: −16.3% to −19.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FIXD vs UBND: Differences, Returns & Fees
Measure	FIXD	UBND	Edge	How it is measured
Return
Total return	−4.4%	+2.9%	UBND	Price change plus distributions, reinvested.
Annualized	−0.9%	+0.6%	UBND	Total return as a yearly rate.
Price return	−21.8%	−16.4%	UBND	Price change alone, distributions left out.
Risk
Volatility	6.5%	5.7%	UBND	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	4.9%	4.4%	UBND	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−19.6%	−16.3%	UBND	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.70	−0.56	UBND	Return above Treasury bills per unit of volatility.
Sortino	−0.93	−0.72	UBND	Return above Treasury bills per unit of downside deviation.
Calmar	−0.05	0.04	UBND	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 262 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, FIXD and UBND hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first FIXD UBND

T 4.625 11/15/45, due Nov 15, 2045 3.39% 0.84%

T 4.625 11/15/55, due Nov 15, 2055 2.58% 0.77%

T 4.875 08/15/45, due Aug 15, 2045 2.41% 0.60%

T 4.75 08/15/55, due Aug 15, 2055 0.48% 0.48%

PNC V5.423 01/25/41, due Jan 25, 2041 0.36% 0.15%

FLTR 5.875 06/04/31 144A, due Jun 4, 2031 0.26% 0.14%

PR 6.25 02/01/33 144A, due Feb 1, 2033 0.19% 0.13%

MBGL 6.05 06/15/36 144A, due Jun 15, 2036 0.25% 0.13%

ARAMCO 5 02/02/36 144A, due Feb 2, 2036 0.26% 0.12%

JPM V5.193 02/05/37, due Feb 5, 2037 0.26% 0.05%

JPM V4.898 01/22/37, due Jan 22, 2037 0.17% 0.05%

RKT 6.5 06/15/34 144A, due Jun 15, 2034 0.07% 0.05%

Only in one fund ↓

Only in FIXD

T 4.375 05/15/36, due May 15, 2036 4.97%

T 4.625 08/15/36, due Aug 15, 2036 4.31%

T 5 05/15/56, due May 15, 2056 2.71%

T 4.125 10/31/29, due Oct 31, 2029 2.17%

T 5.125 08/15/56, due Aug 15, 2056 1.25%

T 4.375 07/31/31, due Jul 31, 2031 1.00%

BA 7.008 05/01/64, due May 1, 2064 0.96%

T 1.625 11/15/50, due Nov 15, 2050 0.74%

Only in UBND

U S TREASURY BONDS, due Nov 15, 2039 2.23%

U S TREASURY BOND, due May 15, 2037 1.85%

U S TREASURY NOTE, due May 15, 2033 1.43%

U S TREASURY NOTE, due Feb 15, 2036 1.19%

U S TREASURY BONDS, due Feb 15, 2036 1.07%

U S TREASURY NOTE, due May 15, 2035 1.01%

U S TREASURY NOTE, due Aug 15, 2035 0.90%

FEDERAL NATIONAL MORTGAGE ASSOCIATION, due Nov 1, 2055 0.89%

Check overlap with more funds →

Side by side

FIXD First Trust Smith Opportunistic Fixed Income ETF UBND VictoryShares Core Plus Bond ETF

Where it sits Bond ETF Bond ETF

Issuer First Trust VictoryShares

What it is Actively managed Actively managed

Total return, 1 year −2.6% −1.0%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark −1.2 pts vs AGG not measured

Expense ratio 0.65% 0.40%

Holdings 410 1529

Net assets, FIXD as of Oct 27, 2026 and UBND as of Jun 30, 2026 $2.8bn $1.9bn

FIXD and UBND on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E4A9C81FCB

FIXD and UBND are built for the same job. How do they differ in cost, holdings and results?

Holdings in common. 4% of the weight is in the same securities (holdings dated Aug 31, 2026 and Jun 30, 2026).
Number of holdings. FIXD holds 410 positions and UBND holds 1529.
Cost. FIXD charges 0.65% of assets a year and UBND 0.40%, a gap of 0.25 points.

Data as of Oct 28, 2026.

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About each fund

FIXD

FIXD is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −2.6% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.65% a year. It sat 5.7% below its high of Aug 4, 2021 on Oct 28, 2026.

UBND

UBND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested. The prospectus expense ratio is 0.40% a year.

Questions people ask

Which returned more over the last year, FIXD or UBND?: In the year to Oct 28, 2026, with distributions reinvested, FIXD returned −2.6% and UBND −1.0%.
Which is cheaper, FIXD or UBND?: UBND is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FIXD vs JCPB FIXD vs IUSB FIXD vs VPLS FIXD vs HTRB FTCB vs UBND GTO vs UBND UBND vs VPLS SYSB vs UBND

Where to next

FIXD on its own →UBND on its own →Hold both: look the portfolio through →Rankings →FIXD dividend history →FIXD holdings →UBND dividend history →UBND holdings →Standards and sources →

Sources and dates

FIXD filings on SEC EDGAR ↗

FIXD prospectus with the expense ratio (SEC) ↗

First Trust page for FIXD ↗

UBND filings on SEC EDGAR ↗

UBND prospectus with the expense ratio (SEC) ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FIXD against UBND, data as of Oct 28, 2026. https://etfiq.com/compare/any/fixd-vs-ubnd

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.