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Launched

Franklin Income Equity Focus ETF

INCENYSE ArcaFranklin TempletonA

$69.04+0.15 (+0.22%)

At close: Nov 2, 2026, 4:00 PM ET

A74/ 100

Rank 4 of 37 in Multi-Asset Allocation

A74/100Rank 4 of 37inMulti-Asset Allocation
Intraday session: up, 79 prints from 68.89 to 69.04. Range 68.91 to 69.30. Use the arrow keys to read each point.69.1069.2069.3010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$368M
1Y total return
+22.8%
Yield · Last 12 months
4.96%
Holdings
115
Avg volume · 30D
47.3K sh
52W range
low $58.26high $70.08
Launched

The ETF.net INCE Grade

Based on 5 of 6 pillars

A

Score 74 out of 100

Category
Multi-Asset Allocation⁠
Rank
4 of 37
Six-pillar profile for INCE. Scores out of 100: Cost 82, Risk 64, Mission not scored, Tradability 65, Holdings 74, Durability 85. Strongest: Durability (85). Weakest: Risk (64). Based on 5 of 6 pillars.

Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A82 out of 100
    Rank 7 of 37

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 8 of 35

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 9 of 37

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A74 out of 100
    Rank 8 of 33

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A85 out of 100
    Rank 4 of 37

Our read on INCE

ETF.net Research

In short

AFranklin's income playbook run through stocks instead of bonds: roughly 100 equity-focused positions, monthly payouts, and an objective that targets lower volatility than the S&P 500, at a fee well under the typical allocation fund.

Stated mandate

The Fund seeks income from equity securities and related instruments while also pursuing capital appreciation and lower volatility than the S&P 500 Index.

Why people hold it

  • 0.29% a year, less than half what the typical allocation fund charges.
  • Income is the job, and it shows up monthly. The mandate also lets managers move across debt and equity markets rather than sit in one lane.
  • The stated goal is not yield alone: income, capital appreciation, and lower volatility than the S&P 500 are all written into the objective.
  • Undercuts its multi-asset sibling INCM (0.38%) on fee, and sits among the stronger names in a crowded allocation field.

Worth knowing

  • Small and lightly traded next to the giants of its category, so spreads can widen. Limit orders are the norm here.
  • Distributions may include return of capital, so part of a monthly payout can be your own money coming back.
  • Equity-forward by design. The aim is a smoother ride than the S&P 500, not bond-like steadiness.

INCE Holdings

Holdings pillarA74 out of 100Rank 8 of 33 in Multi-Asset Allocation
Asset class
Stocks
Holdings
115
Top-10 weight
26%
Largest holding
CVX3.9%

Sectors

  • Consumer Staples14.7%
  • Financials14.6%
  • Health Care13.4%
  • Utilities13.4%
  • Energy12.0%
  • Industrials11.5%
  • Technology7.0%
  • Materials5.5%
  • Consumer Discretionary4.3%
  • Communication3.7%

Geography

  • United States94.12%
  • France2.41%
  • United Kingdom1.81%
  • Switzerland1.66%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1CVXChevron Corp3.86%60,355$14.2M501
2VZVerizon Communications In2.81%231,119$10.3M439
3PGProcter & Gamble Co/The2.74%62,363$10.1M443
4LMTLockheed Martin Corp2.63%15,216$9.69M417
5PEPPepsico Inc2.52%67,423$9.26M451
6SOSouthern Co/The2.50%98,359$9.22M342
7No dataCitigroup Glob Eln 10/272.43%37,000$8.94M1
8DUKDuke Energy Corp2.12%61,170$7.79M331
90Y6X.LMedtronic PLC2.05%78,054$7.54M64
10USBUs Bancorp1.95%120,835$7.18M366
11PMPhilip Morris Internation1.77%31,278$6.53M423
12JPMJPMorgan Chase & Co1.73%18,855$6.35M485
13KOCoca-Cola Co/The1.67%65,182$6.13M469
14No dataToronto-Dom Eln 10/271.66%5,500$6.11M1
15APDAir Products & Chemicals1.65%19,187$6.07M286

Showing 1–15 of 115 holdings

INCE Performance

Launched Sep 20, 2016

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

INCE$12,285
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. INCE $12,285. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for INCE. Periods over one year show the average yearly return.
PeriodINCE
Year to date+18.1%
1 month+5.3%
3 months+2.8%
1 year+22.8%
3 yearsper year+18.3%
5 yearsper year+10.7%
10 yearsper year+13.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for INCE
YearReturn barINCE
2026 YTD+18.1%
2025+15.9%
2024+10.7%
2023+13.9%
2022−8.6%
2021+23.4%
2020+12.4%

INCE in the news

INCE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
4.96%Last 12 months
Payout per share
$3.42Last 12 months
Upcoming payment
$0.30 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 34 payments from 2023 to 2026 YTD. Mar 17, 2023 $0.12; Jun 16, 2023 $0.14; Sep 15, 2023 $0.24; Dec 15, 2023 $0.40; Mar 15, 2024 $0.16; Jun 28, 2024 $0.34; Jul 31, 2024 $0.17; Aug 30, 2024 $0.25; Sep 30, 2024 $0.20; Oct 31, 2024 $0.22; Nov 29, 2024 $0.23; Dec 31, 2024 $0.25; Jan 31, 2025 $0.20; Feb 28, 2025 $0.24; Mar 31, 2025 $0.27; Apr 30, 2025 $0.23; May 30, 2025 $0.27; Jun 30, 2025 $0.24; Jul 31, 2025 $0.21; Aug 29, 2025 $0.26; Sep 30, 2025 $0.29; Oct 31, 2025 $0.22; Nov 28, 2025 $0.23; Dec 30, 2025 $0.22; Jan 30, 2026 $0.29; Feb 27, 2026 $0.30; Mar 31, 2026 $0.35; Apr 30, 2026 $0.34; May 29, 2026 $0.25; Jun 30, 2026 $0.25; Jul 31, 2026 $0.30; Aug 31, 2026 $0.30; Sep 30, 2026 $0.30; Oct 30, 2026 $0.30. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 30, 2026Pays Nov 4, 2026$0.30
Sep 30, 2026Oct 5, 2026$0.30
Aug 31, 2026Sep 3, 2026$0.30
Jul 31, 2026Aug 5, 2026$0.30
Jun 30, 2026Jul 6, 2026$0.25
May 29, 2026Jun 3, 2026$0.25
Apr 30, 2026May 5, 2026$0.34
Mar 31, 2026Apr 6, 2026$0.35
Feb 27, 2026Mar 4, 2026$0.30
Jan 30, 2026Feb 4, 2026$0.29
Dec 30, 2025Jan 5, 2026$0.22
Nov 28, 2025Dec 3, 2025$0.23

See all 59 payments⁠

$10,000 in INCE 10 years ago paid $5,141 in dividends.⁠

INCE Risk

Risk pillarB64 out of 100Rank 8 of 35 in Multi-Asset Allocation
How much the fund’s monthly returns vary, scaled to a year.
10.8%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.28
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−18.4%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.60
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

INCE Cost

Compare INCE and UCBG

Overpaying vs UCBG, cheapest in Multi-Asset Allocation

$4,682

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • INCE 0.29%

    $5,952

  • UCBG 0.06% Cheapest

    $1,270

$10,000
30 years

Cost over time

  • INCE 0.29%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530INCE $5,952UCBG $1,270

Year by year

YearINCEUCBGOverpaying
10$527$110$417
20$2,044$432$1,612
30$5,952$1,270$4,682

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