# First Trust Smith Unconstrained Plus Bond ETF (UCON)

> Source: Nexqual · https://nexqual.com/UCON · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, First Trust Smith Unconstrained Plus Bond ETF (UCON), nexqual.com/UCON" · informational, not investment advice.

**Price:** USD 23.91 (-0.08% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 23.93 · day 23.76–24.07 · 52w 23.56–25.63 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -1.0% vs S&P 500 +13.4%; 5Y +12.2% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -1.0% | +12.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -1.0% | +2.3% |
| Volatility (annualized) | 3.3% | 3.8% |
| Max drawdown | -3.6% (Jun 2026→Sep 2026) | -9.0% (Nov 2021→Oct 2022) |

## Peers
FIXD (First Trust Smith Opportunistic) USD 41.74 -0.19% · LMBS (First Trust Low Duration Opport) USD 48.76 +0.06% · FTSM (First Trust Enhanced Short Matu) USD 59.72 -0.03% · HYLS (First Trust Tactical High Yield) USD 39.51 +0.05% · FTSL (First Trust Senior Loan Fund) USD 44.3 -0.07%

## More
Full page: https://nexqual.com/UCON · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt