Which returned more over the last year, UCON or USIG?

In the year to Oct 9, 2026, with distributions reinvested, UCON returned −0.7% and USIG −1.6%.

Which is cheaper, UCON or USIG?

USIG is cheaper, by 0.82 percentage points a year. That is about $82 on $10,000 held for a year. Fees come from each fund's prospectus.

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UCON vs USIG: Differences, Returns & Fees

On May 31, 2026 UCON's duration was 4.4 years and USIG's 6.4; USIG charges 0.04% to UCON's 0.86%. Net assets on Oct 9, 2026: $3.1bn for First Trust Smith Unconstrained Bond ETF and $17.6bn for iShares Broad USD Investment Grade Corporate Bond ETF.

USIG costs 0.82 points a year less; their one-year returns differ by 0.9 points; USIG is 5.6 times larger.

UCON vs USIG: Differences, Returns & Fees
	UCON	USIG
Expense ratio	0.86%	0.04%
Net assets	$3.1bn	$17.6bn
Total return, 1 year	−0.7%	−1.6%
What it tracks	No index, actively managed	ICE BofA US Corporate Index
Holdings in common	3%
Below its high	3.2%, high on Jun 29, 2026	3.8%, high on Feb 23, 2026

Holdings in common uses holdings dated May 31, 2026.

−0.7%

UCON total return, 1 year

−1.6%

USIG total return, 1 year

0.86%

UCON expense ratio

0.04%

USIG expense ratio

What they hold in common

By the books each fund has filed, UCON and USIG hold 3% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.

50%

half

3% in common

Positions both hold, largest shared weight first

Holding UCON USIG

GS V4.516 01/21/32, due Jan 21, 2032 0.18% 0.06%

ORCL 4.95 02/04/31, due Feb 4, 2031 0.15% 0.04%

MS V3.772 01/24/29 GMTN, due Jan 24, 2029 0.04% 0.04%

BAC V4.695 04/23/32, due Apr 23, 2032 0.11% 0.04%

AER 3 10/29/28, due Oct 29, 2028 0.05% 0.04%

WFC V5.389 04/24/34, due Apr 24, 2034 0.16% 0.04%

GOOGL 5.45 11/15/55, due Nov 15, 2055 0.08% 0.04%

BAC V4.477 04/23/30, due Apr 23, 2030 0.38% 0.04%

GOOGL 4.8 02/15/36, due Feb 15, 2036 0.08% 0.04%

AMZN 4.875 03/13/36, due Mar 13, 2036 0.25% 0.04%

CRM 5.55 03/15/36, due Mar 15, 2036 0.27% 0.04%

GS V5.016 10/23/35, due Oct 23, 2035 0.16% 0.04%

Only in UCON

T 3.375 02/29/28, due Feb 29, 2028 2.33%

T 4.625 11/15/45, due Nov 15, 2045 2.13%

T 4.75 02/15/56, due Feb 15, 2056 2.12%

T 4.375 05/15/36, due May 15, 2036 1.69%

T 3.875 04/30/31, due Apr 30, 2031 1.18%

T 4.625 11/15/55, due Nov 15, 2055 1.04%

FN BM7755, due Jun 1, 2064 0.96%

FNR 2024-82 CF, due Nov 25, 2054 0.73%

Only in USIG

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.09%

Bank of America Corp, due Dec 20, 2028 0.09%

Eagle Funding Luxco Sarl, due Aug 17, 2030 0.08%

CVS Health Corp, due Mar 25, 2048 0.08%

T-Mobile USA Inc, due Apr 15, 2030 0.07%

Goldman Sachs Group Inc/The, due Jan 21, 2029 0.07%

Meta Platforms Inc, due Nov 15, 2055 0.06%

Goldman Sachs Group Inc/The, due Jan 21, 2047 0.06%

Check overlap with more funds →

On the same fields

UCON

First Trust Smith Unconstrained Bond ETF

USIG

iShares Broad USD Investment Grade Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer First Trust iShares

What it is Actively managed Tracks an index

Total return, 1 year −0.7% −1.6%

Its benchmark over the same days not published −1.8% (CORP)

Gap to its benchmark not available +0.2 pts vs CORP

Expense ratio 0.86% 0.04%

Holdings 453 11582

Net assets $3.1bn $17.6bn

UCON and USIG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About UCON

UCON is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned −0.7% with distributions reinvested. The prospectus expense ratio is 0.86% a year. It sat 3.2% below its high of Jun 29, 2026 on Oct 9, 2026.

About USIG

USIG tracks an index. Over the year to Oct 9, 2026 it returned −1.6% with distributions reinvested, against −1.8% for its benchmark, the ICE BofA US Corporate Index. The prospectus expense ratio is 0.04% a year. It sat 3.8% below its high of Feb 23, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, UCON or USIG?: In the year to Oct 9, 2026, with distributions reinvested, UCON returned −0.7% and USIG −1.6%.
Which is cheaper, UCON or USIG?: USIG is cheaper, by 0.82 percentage points a year. That is about $82 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IGIB vs UCON CGMS vs UCON UCON vs VCIT CORP vs UCON CGMS vs USIG IGIB vs USIG USIG vs VCIT SPBO vs USIG

UCON on its own →USIG on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

UCON filings on SEC EDGAR ↗UCON prospectus with the expense ratio (SEC) ↗First Trust page for UCON ↗USIG filings on SEC EDGAR ↗USIG prospectus with the expense ratio (SEC) ↗iShares page for USIG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, UCON against USIG, data as of Oct 9, 2026. https://etfiq.com/compare/any/ucon-vs-usig

Open data

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