Why is UFT better than Selenium?

I'm curious to understand, in what specific ways does UFT, or Unified Functional Testing, offer advantages over Selenium, a widely used open-source tool for automated web testing? Are there particular features in UFT that make it more efficient or effective for testing purposes? Additionally, how does UFT's pricing model compare to Selenium's free and customizable nature, and what impact does this have on the overall cost of software testing projects? I'd like to gain a deeper understanding of the benefits and drawbacks of each tool, in order to make an informed decision for my team's testing needs.