SCIO vs UBND
First Trust Structured Credit Income Opportunities ETF vs VictoryShares Core Plus Bond ETF
Which is better, SCIO or UBND?
SCIO has been ahead.
UBND has a lower expense ratio. SCIO led over 1Y and the full window.
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 | SCIO | UBND |
|---|---|---|
| Expense Ratio | 0.70% | 0.40%Best |
| AUM | $545M | $1.9B |
| Dividend Yield | 5.82% | 5.07% |
| Holdings | 908 | 1,606 |
| YTD Return | +0.37%Best | -2.75% |
| 1Y Return | +1.02%Best | -2.33% |
| 3Y Return (annualized) | - | +4.98% |
| 5Y Return (annualized) | - | +0.24% |
| Volatility (annualized) | 3.0%Best | 4.5% |
| Max Drawdown | -2.7%Best | -4.6% |
| $10,000 over 2.6 years | $11,681Best | $10,889 |
| Fund Family | First Trust Portfolios (US) | Victory Capital Management Inc. |
| Category | Fixed Income | Fixed Income |
| Style | Long Term High Quality | Long Term High Quality |
| Inception | Feb 27, 2024 | Oct 4, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 28, 2024 to Oct 14, 2026 (2.6 years).
SCIO vs UBND 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 2.6 years both funds cover.
SCIO vs UBND Performance
First Trust Structured Credit Income Opportunities ETF (SCIO) is an ETF from First Trust Portfolios (US) and VictoryShares Core Plus Bond ETF (UBND) is an ETF from Victory Capital Management Inc.. Over the past year SCIO returned +1.02% while UBND returned -2.33%. Year to date, SCIO is up 0.37% versus a loss of 2.75% for UBND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UBND has been the more volatile fund, with annualized monthly volatility of 4.5% compared with 3.0% for SCIO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -2.7% for SCIO and -4.6% for UBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCIO charges 0.70% per year while UBND charges 0.40%. On a $10,000 position that is $70 vs $40 annually, a gap of $30 per year that compounds over a long holding period. On income, SCIO currently yields 5.82% against 5.07% for UBND.
Holdings Overlap
We hold position weights for 9 holdings in SCIO and 266 in UBND, totalling 4.1% and 12.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 9 positions we hold weights for in SCIO and 266 in UBND, against full books of 908 and 1,606.
You are not choosing between two funds in isolation.
Whichever of SCIO and UBND 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, SCIO or UBND?
SCIO has an expense ratio of 0.70% while UBND charges 0.40%. UBND is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, SCIO or UBND?
Over the past year SCIO returned +1.02% vs -2.33% for UBND, so SCIO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCIO or UBND?
UBND has been the more volatile fund at 4.5% annualized versus 3.0% for SCIO. Worst drawdown: SCIO -2.7% vs UBND -4.6%.
Should I hold both SCIO and UBND?
SCIO and UBND have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCIO or UBND?
SCIO yields 5.82% while UBND yields 5.07%, so SCIO currently pays the higher dividend yield.
Is UBND better than SCIO?
UBND has a lower expense ratio. SCIO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.