Franklin Income Equity Focus ETF
$67.10−0.19 (−0.28%)
- Expense ratio
- 0.29%
- Fund size
- $323M
- 1Y return
- +19.7%
- Yield · Last 12 months
- 4.95%
- Holdings
- 113
- Volume · 30D
- 0M sh
- NAV per share
- $67.31
- 52W range
The ETF.net INCE Grade
Score 72 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 84Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 75Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
Our read on INCE
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.
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
- Stocks
- 113
- 25%
- CVX
Sectors
- Cons. Staples14.8%
- Financials13.3%
- Utilities12.9%
- Industrials12.6%
- Energy12.0%
- Health Care11.1%
- Technology8.3%
- Materials5.9%
- Consumer Discr.5.1%
- Communication3.9%
Geography
- United States85.51%
- Canada4.82%
- France2.70%
- Ireland2.32%
- United Kingdom2.10%
- Netherlands1.28%
- Switzerland1.28%
INCE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | INCE |
|---|---|
| Year to date | +14.1% |
| 1 month | −2.7% |
| 3 months | +2.1% |
| 1 year | +19.7% |
| 3 years | +16.6% |
| 5 years | +10.6% |
| 10 years | +12.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | INCE |
|---|---|---|
| 2026 YTD | +14.1% | |
| 2025 | +15.9% | |
| 2024 | +10.7% | |
| 2023 | +13.9% | |
| 2022 | −8.6% | |
| 2021 | +23.4% | |
| 2020 | +12.4% |
INCE in the news
ETF.net Research hasn’t filed on INCE yet — coverage lands here as it’s written.
INCE Dividends
- 4.95%
- $3.33
- $0.30 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 3, 2026 | $0.30 |
| Jul 31, 2026 | Aug 5, 2026 | $0.30 |
| Jun 30, 2026 | Jul 6, 2026 | $0.25 |
| May 29, 2026 | Jun 3, 2026 | $0.25 |
| Apr 30, 2026 | May 5, 2026 | $0.34 |
| Mar 31, 2026 | Apr 6, 2026 | $0.35 |
| Feb 27, 2026 | Mar 4, 2026 | $0.30 |
| Jan 30, 2026 | Feb 4, 2026 | $0.29 |
| Dec 30, 2025 | Jan 5, 2026 | $0.22 |
| Nov 28, 2025 | Dec 3, 2025 | $0.23 |
| Oct 31, 2025 | Nov 5, 2025 | $0.22 |
| Sep 30, 2025 | Oct 3, 2025 | $0.29 |
INCE Risk
- 10.7%
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.
- 1.04
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.
- −18.4%
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.
- 0.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
INCE Cost
- The middle half of Multi-Asset Allocation funds
- Median 0.58%
6 of the 37 Multi-Asset Allocation funds charge less.