FTRB vs UNIY
Federated Hermes Total Return Bond ETF vs WisdomTree Voya Yield Enhanced USD Universal Bond Fund
Which is better, FTRB or UNIY?
Nearly the same fund. UNIY costs less.
UNIY has a lower expense ratio. FTRB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | FTRB | UNIY |
|---|---|---|
| Expense Ratio | 0.39% | 0.15%Best |
| AUM | $706M | $1.3B |
| Dividend Yield | 4.43% | 5.06% |
| Holdings | 681 | 6,627 |
| YTD Return | -2.16% | -2.08%Best |
| 1Y Return | -1.59%Best | -1.93% |
| 3Y Return (annualized) | - | +4.82% |
| Volatility (annualized) | 4.5%Tie | 4.5%Tie |
| Max Drawdown | -4.8% | -4.4%Best |
| $10,000 over 2.8 years | $10,804Best | $10,795 |
| Fund Family | Federated Hermes | WisdomTree Investments |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Jan 2, 2024 | 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: Jan 4, 2024 to Oct 14, 2026 (2.8 years).
FTRB 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.
FTRB vs UNIY Performance
Federated Hermes Total Return Bond ETF (FTRB) is an ETF from Federated Hermes and WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) is an ETF from WisdomTree Investments. Over the past year FTRB returned -1.59% while UNIY returned -1.93%. Year to date, FTRB is down 2.16% versus a loss of 2.08% for UNIY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTRB and UNIY have been equally volatile, both at 4.5% annualized.
The deepest peak-to-trough decline in our data was -4.8% for FTRB 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FTRB charges 0.39% per year while UNIY charges 0.15%. On a $10,000 position that is $39 vs $15 annually, a gap of $24 per year that compounds over a long holding period. On income, FTRB currently yields 4.43% against 5.06% for UNIY.
Holdings Overlap
We hold position weights for 558 holdings in FTRB and 5,275 in UNIY, totalling 52.5% 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, 240 positions appear in both.
240 positions in common, counted across the 558 positions we hold weights for in FTRB and 5,275 in UNIY, against full books of 681 and 6,627.
Top Shared Holdings
| Stock | Weight in FTRB | Weight in UNIY | Difference |
|---|---|---|---|
| AMZN 2.7 06/03/60Amazon.com Inc 2.70% 2060-06-03 | 0.01% | 0.23% | 0.22% |
| AMXCA 2024-1 AAmerican Express Credit Account Master Trust 5.23 04/16/2029 | 0.07% | 0.16% | 0.09% |
| GS V2.615 04/22/32Goldman Sachs Group, Inc., 2.61%, Due 04/22/2032 | 0.20% | 0.01% | 0.19% |
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.13% | 0.05% | 0.08% |
| JPM V5.336 01/23/35Jpmorgan Chase 5.336 2035-01-23 | 0.18% | 0.00% | 0.18% |
| T 4.125 11/15/27Us Treasury N/B 11/27 4.125 | 0.03% | 0.14% | 0.11% |
| TMUS 4.375 04/15/40T-Mobile Usa, Inc. 4.375% 15-Apr-2040 | 0.05% | 0.12% | 0.07% |
| PFG 2.125 06/15/30Principal Financial Grp 2.125 06/15/2030 | 0.12% | 0.01% | 0.11% |
| T 4.125 10/31/29Us Treas Nts 4.125% 10/31/29 | 0.12% | 0.01% | 0.11% |
| BAC V3.419 12/20/28Bank Of America Corp 3.419% 20-dec-2028 | 0.02% | 0.10% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of FTRB 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, FTRB or UNIY?
FTRB has an expense ratio of 0.39% while UNIY charges 0.15%. UNIY is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, FTRB or UNIY?
Over the past year FTRB returned -1.59% vs -1.93% for UNIY, so FTRB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTRB or UNIY?
FTRB and UNIY have been equally volatile, both at 4.5% annualized. Worst drawdown: FTRB -4.8% vs UNIY -4.4%.
Should I hold both FTRB and UNIY?
FTRB and UNIY have a monthly-return correlation of 0.99, 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, FTRB or UNIY?
FTRB yields 4.43% while UNIY yields 5.06%, so UNIY currently pays the higher dividend yield.
Is UNIY better than FTRB?
UNIY has a lower expense ratio. FTRB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.