PCR vs UCON
Simplify VettaFi Private Credit Strategy ETF compared with First Trust Smith Unconstrained Plus Bond ETF on yield, payout growth, payment schedule, cost and risk.
PCR
Simplify VettaFi Private Credit Strategy ETF
TTM yield · Monthly
UCON
First Trust Smith Unconstrained Plus Bond ETF
TTM yield · Monthly
Quick take
- PCR yields more today: 13.64% vs 4.81% (forward).
- Both pay every month.
- Over the last year UCON delivered the higher total return: -0.4% vs -19.0% (price change plus payouts).
- PCR is cheaper to own: 0.76% vs 0.86% expense ratio.
- UCON has the steadier distribution: consistency 93/100 vs 77/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PCR | UCON |
|---|---|---|
| Share price | $17.83 | $23.93 |
| TTM yield | 12.84% | 4.81% |
| Forward yield | 13.64% | 4.81% |
| Annual payout per share | $2.4327 | $1.15 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 25, 2026 (est.) | Nov 20, 2026 (est.) |
| Expense ratio | 0.76% | 0.86% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 77/100 | 93/100 |
| 1-year total return | -19.0% | -0.4% |
| 1-year price return | -28.2% | -5.0% |
| Size (market cap / AUM) | 2.3M | 3.2B |
| Years paying | 1.0 | 8.3 |
| Sector / category | Nontraditional Bond | Nontraditional Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| PCR | UCON | |
|---|---|---|
| Shares | 560.7 | 417.9 |
| Income per year | $1,364 | $481 |
| Income per month (avg) | $114 | $40 |
At forward yields, before taxes. Model PCR · Model UCON
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PCR Oct 25, 2026 | Nov 8, 2026 | $0.2027 | Est. |
| PCR Nov 24, 2026 | Dec 8, 2026 | $0.2027 | Est. |
| PCR Dec 24, 2026 | Jan 7, 2027 | $0.2027 | Est. |
| UCON Nov 20, 2026 | Dec 4, 2026 | $0.0958 | Est. |
| UCON Dec 20, 2026 | Jan 3, 2027 | $0.0958 | Est. |
| UCON Jan 19, 2027 | Feb 2, 2027 | $0.0958 | Est. |
Annual payouts per share
PCRUCON
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, PCR or UCON?
PCR currently has the higher trailing yield: PCR yields 12.84% and UCON yields 4.81%. Yield changes daily with price, so check the live figures above.
How often do PCR and UCON pay?
PCR pays every month and UCON pays every month. PCR's next ex-date is Oct 25, 2026 and UCON's is Nov 20, 2026.
Is PCR or UCON better for income?
It depends on what you are optimising for. PCR and UCON differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.