CPLS vs UNIY
AB Core Plus Bond ETF vs WisdomTree Voya Yield Enhanced USD Universal Bond Fund
Which is better, CPLS or UNIY?
Nearly the same fund. UNIY costs less.
UNIY has a lower expense ratio. UNIY led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CPLS | UNIY |
|---|---|---|
| Expense Ratio | 0.30% | 0.15%Best |
| AUM | $200M | $1.3B |
| Dividend Yield | 4.87% | 5.06% |
| Holdings | 818 | 6,627 |
| YTD Return | -2.78% | -2.08%Best |
| 1Y Return | -2.71% | -1.93%Best |
| 3Y Return (annualized) | - | +4.82% |
| Volatility (annualized) | 4.5%Tie | 4.5%Tie |
| Max Drawdown | -4.7% | -4.4%Best |
| $10,000 over 2.8 years | $10,739 | $10,854Best |
| Fund Family | AllianceBernstein L.P. | WisdomTree Investments |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Dec 13, 2023 | Feb 7, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Oct 14, 2026 (2.8 years).
CPLS vs UNIY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
CPLS vs UNIY Performance
AB Core Plus Bond ETF (CPLS) is an ETF from AllianceBernstein L.P. and WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) is an ETF from WisdomTree Investments. Over the past year CPLS returned -2.71% while UNIY returned -1.93%. Year to date, CPLS is down 2.78% versus a loss of 2.08% for UNIY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPLS and UNIY have been equally volatile, both at 4.5% annualized.
The deepest peak-to-trough decline in our data was -4.7% for CPLS and -4.4% for UNIY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CPLS charges 0.30% per year while UNIY charges 0.15%. On a $10,000 position that is $30 vs $15 annually, a gap of $15 per year that compounds over a long holding period. On income, CPLS currently yields 4.87% against 5.06% for UNIY.
Holdings Overlap
We hold position weights for 382 holdings in CPLS and 5,275 in UNIY, totalling 66.6% and 64.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 87 positions appear in both.
87 positions in common, counted across the 382 positions we hold weights for in CPLS and 5,275 in UNIY, against full books of 818 and 6,627.
Top Shared Holdings
| Stock | Weight in CPLS | Weight in UNIY | Difference |
|---|---|---|---|
| T 3.5 01/31/28Us Treasury N/B 3.375 01/31/2028 | 0.24% | 2.32% | 2.08% |
| T 4.125 01/31/27Treasury Note (Otr) 4.13% Jan 31, 2027 | 1.58% | 0.13% | 1.45% |
| T 3.375 11/15/48United States Treasury Note/Bond 3.38% 11/15/2048 | 0.52% | 0.24% | 0.28% |
| T 4.75 08/15/55Wi Treasury Sec 08/55 4.75 | 0.63% | 0.06% | 0.57% |
| T 4.25 08/15/35United States Treasury Note/Bond 4.25% 08/15/2035 | 0.44% | 0.10% | 0.34% |
| T 3.875 06/30/30Us Treasury N/B 06/30 3.875 | 0.32% | 0.15% | 0.17% |
| META 4.65 08/15/62Meta Platforms 4.65 08/15/2062 | 0.18% | 0.23% | 0.05% |
| ORCL 5.375 07/15/40Oracle Corp | 0.23% | 0.04% | 0.19% |
| SANTAN 2.749 12/03/3Banco Santander Sa | 0.18% | 0.08% | 0.10% |
| T 5.15 11/15/46 *At&t Inc | 0.23% | 0.02% | 0.21% |
You are not choosing between two funds in isolation.
Whichever of CPLS and UNIY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPLS or UNIY?
CPLS has an expense ratio of 0.30% while UNIY charges 0.15%. UNIY is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, CPLS or UNIY?
Over the past year CPLS returned -2.71% vs -1.93% for UNIY, so UNIY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPLS or UNIY?
CPLS and UNIY have been equally volatile, both at 4.5% annualized. Worst drawdown: CPLS -4.7% vs UNIY -4.4%.
Should I hold both CPLS and UNIY?
CPLS and UNIY have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, CPLS or UNIY?
CPLS yields 4.87% while UNIY yields 5.06%, so UNIY currently pays the higher dividend yield.
Is UNIY better than CPLS?
UNIY has a lower expense ratio. UNIY led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. Which one suits a particular account depends on what it is for. This is information, not a recommendation.