Wireless systems can be utilized in various areas. These wireless systems require a flexible mechanism for the allocation of the available time and frequency resources. The framework time-recurrence designation is very troublesome in the regular OFDM frameworks. The multicarrier procedure has been a dumbfounding technique in the advancement of the ongoing remote correspondence framework, for example, Long Term Evolution (LTE), 4G and 5G. The symmetrical recurrence division multiplexing (OFDM) has been broadly examined indicating that it has various insufficiencies making it less helpful to utilize contrasted with the UFMC. This paper will assess the correlation between the OFDM and UFMC to prescribe the best system to be utilized for the headway of remote innovation. The OFDM and UFMC dependent on the FBMC are the latest and compelling arrangements utilized for the remote system. In this examination, the burden of the OFDM has outlined that the UFMC is a progressively viable arrangement. The relative examination of OFDM and UFMC depended on a power ghostly densities, computational multifaceted nature, sub channel and the model channel correlation recreated in MATLAB.