FTHB vs INCM: Grades, Fees and Holdings Compared

FIS Faith Income ETF

FTHBCNYSE Arca

Franklin Income Focus ETF

INCMANYSE Arca

Overlap

0.0%by weight

Expense ratio

INCM −0.28pt a year

FTHB0.66%INCM0.38%

Avg volume · 30D

INCM 71.6×the volume

FTHB5.83KINCM418K

FTHB vs INCM Performance

Jul 31, 2026 – Nov 2, 2026

−0.7%FTHB+1.3%INCM

Expense ratio: FTHB 0.66%; INCM 0.38%, better
Fund size: FTHB $14M; INCM $2.03B
1Y total return: FTHB No data; INCM +11.0%
Yield (12M): FTHB No data; INCM 5.26%
Holdings: FTHB 22; INCM 395
Avg volume (30D): FTHB 5.83K sh; INCM 418K sh, better
NAV per share: FTHB $24.55; INCM $29.10
52W range

ETF.net Grade

Pillar letters and Scores for FTHB, INCM, with each pillar’s weight
Pillar	FTHB	INCM
Cost30% weight	B57	A93Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C54	A82Higher
Tradability15% weight	D31	B66Higher
Holdings10% weight	C52	Not scored
Durability5% weight	D28	A77Higher

Rank among Multi-Asset Income funds

How we build Categories ›

Same Category. FTHB and INCM are both graded against the same 15 Multi-Asset Income funds, so their Grades compare head to head.

Multi-Asset Income⁠

Category · 15 funds

See all 15 ›

INCM ranks 1st and FTHB 10th of 15 funds in the Multi-Asset Income Category.

Rank 1AINCMFranklin Income Focus ETFScore 82
Rank 2AIYLDiShares Morningstar Multi-Asset Income ETFScore 79
Rank 9CJFLIJPMorgan Flexible Income ETFScore 50
Rank 10CFTHBFIS Faith Income ETFScore 48
Rank 11CFTBIFirst Trust Balanced Income ETFScore 47

Our read on each fund

ETF.net Research

FTHBCFIS Faith Income ETF

INCMAFranklin Income Focus ETF

In short

FTHB Faith-based investing is mostly a stock story. FTHB brings the biblical screen to core bonds: Treasuries, investment-grade corporates and securitized debt, actively picked, with a framework built alongside Grand Canyon University.

INCM A go-anywhere income hunt in ETF form: Franklin's managers roam across asset classes chasing current income, hold roughly 400 positions, charge 0.38%, and pay out monthly.

Stated mandate

FTHB The Fund seeks current income and treats long-term capital appreciation as a secondary objective.

INCM The fund seeks a high level of current income, with long-term capital appreciation as a secondary objective.

Why people hold it

FTHB Applies the faith screen where it is rare: bonds. At least 80% of net assets go into fixed income issued by biblically aligned companies.sec.gov faithinvestorservices.com
The screening framework came out of a research collaboration with Grand Canyon University's business college, with finance and theology students doing the legwork.businesswire.com faithinvestorservices.com
Sub-advised by Asterozoa Capital Management, a credit specialist running active selection across corporate debt and securitized products rather than tracking an index.sec.gov faithinvestorservices.com

INCM Charges 0.38%, well under the typical fund in its multi-asset allocation group. More of the income stays with shareholders.
Distributes monthly, matching the rhythm of actual bills. Current income is the stated primary objective, with capital appreciation secondary.
Spreads the income job across roughly 400 positions instead of leaning on a short list of high yielders.
Trades smoothly for a multi-billion-dollar fund, and rates as one of the stronger implementations in its allocation peer group.

Worth knowing

FTHB Launched in 2026, and the issuer discloses that the adviser and sub-adviser have limited or no previous experience managing a registered fund.faithinvestorservices.com
0.65% a year buys the screening and the active credit work, and that fee comes out of a bond portfolio's income.
Small and lightly traded early on. The issuer notes shares can trade above or below NAV in the secondary market.faithinvestorservices.com

INCM Actively managed with no declared index, so the asset mix and the payout reflect manager judgment rather than a published rulebook you can check against.
The mandate targets a high level of current income, not a fixed dollar amount, so the monthly distribution moves with markets.
Index-based allocation peers such as AOA and IRTR carry lower expense ratios. Here the fee buys active security selection instead of a set glide path.

Full FTHB profile⁠

Full INCM profile⁠

FTHB vs INCM Holdings

How FTHB and INCM differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of FTHB and 0.0% of INCM.

Level by level

Holdings0 in both0.0%
Countryby domicile83.7%

Sector

No Sector split for FTHB.

Country, concentration and asset class

Country by domicile

Country weights in FTHB and INCM, widest gap first
Country	More in FTHBMore in INCM	FTHB	INCM
United States	FTHB +16.3 points	100.0%	83.7%
United Kingdom	INCM +7.3 points	0.0%	7.3%
Switzerland	INCM +2.6 points	0.0%	2.6%
Netherlands	INCM +1.6 points	0.0%	1.6%
Ireland	INCM +1.5 points	0.0%	1.5%
Germany	INCM +1.4 points	0.0%	1.4%
France	INCM +0.8 points	0.0%	0.8%
Luxembourg	INCM +0.6 points	0.0%	0.6%
Canada	INCM +0.4 points	0.0%	0.4%

Concentration

Weight in the 10 largest Holdings

FTHB69.5%
INCM17.0%

Securities held

FTHB21
INCM391

Asset class

FTHB: Equity
INCM: Multi-Asset

Holdings

Only in FTHB21
In both0
Only in INCM391

Only in FTHB

21 securities, 99.6% of FTHB by weight

United States Treasury Note/Bond 5.125% 08/15/205619.94%
United States Treasury Note/Bond 3.875% 04/30/203116.04%
Chevron USA Inc 4.687% 04/15/20304.54%
Apple Inc 4.75% 05/12/20354.46%
Morgan Stanley 4.493% 01/16/20324.39%
Nissan Motor Acceptance Co LLC 6.125% 09/30/20304.35%
Walmart Inc 4.9% 04/28/20353.97%
Coca-Cola Co/The 4.65% 08/14/20343.96%
Alphabet Inc 5.35% 11/15/20453.94%
Simplify MBS ETF3.87%
Amazon.com Inc 4.05% 08/22/20473.85%
United States Treasury Note/Bond 4.125% 02/15/20363.60%
Microsoft Corp 3.5% 02/12/20353.59%
Swiss RE Subordinated Finance PLC 5.698% 04/05/20353.21%
Broadcom Inc 4.8% 02/15/20363.20%
Rithm Capital Corp 6.375% 11/16/21743.19%
Western Alliance Bancorp 6.2299% 06/15/20312.60%
MFA Financial Inc 8.875% 02/15/20292.49%
Rithm Capital Corp1.92%
MFA Financial Inc1.72%
First American Treasury Obligations Fund 01/01/20400.77%

Only in INCM

391 securities, 95.9% of INCM by weight

Procter & Gamble Co/The2.08%
Exxonmobil Holdings Corp1.73%
Chevron Corp1.59%
Us Treasury N/ 4.625 8/361.54%
Home Depot Inc1.45%
Shell Plc-Adr1.20%
Duke Energy Corp1.20%
Pepsico Inc1.20%
Us Treasury N/ 5.125 8/561.10%
Roche Holdings Ltd-Spons1.10%
Southern Co/The1.07%
Unilever PLC0.96%
Bnp Paribas Iss Eln 9/270.92%
Air Products & Chemicals0.91%
Mizuho Markets Eln 09/270.89%
Bank of America Corp0.89%
Philip Morris Internation0.82%
JPMorgan Chase 0 1/270.79%
Ubs AG 8 4/270.78%
Ubs AG London 8 7/270.78%
Chs/Community 9.75 1/340.76%
Abbv Eln 12/11/20260.75%
Lyondellbasell Indu-Cl A0.71%
Us Treasury N/B 3.5 2/310.70%
Conocophillips0.69%
Oracle Corp0.68%
Lockheed Martin Corp0.67%
Target Corp0.67%
Amazon.com Inc 6.1 7/560.66%
Alphabet Inc 5.45 8/360.65%
Mizuho Mark Eln 9/270.64%
Wells Fargo Bank 8 3/270.63%
Albemarle Corp0.62%
Morgan Stan Fin 0 3/270.62%
Pfizer Inc0.60%
Siemens Ag-Reg0.57%
Toronto-Domini Eln 09/270.57%
Texas Instruments Inc0.56%
Ubs AG 7.5 12/260.56%
Us Bancorp0.54%
Us Treasury N/B 5 5/560.54%
Ares Management Corp0.53%
Skydance Corp 8.25 10/310.53%
Johnson & Johnson0.53%
Astrazeneca PLC0.52%
United Parcel Service-Cl0.52%
Amazon.com Inc 5.3 7/360.52%
Morgan Stanley0.51%
Goldman Sachs 5.065 1/370.50%
Kkr & Co Inc0.50%

Weight gaps

FTHB and INCM share no securities.

All FTHB holdings⁠All 404 INCM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTHB vs INCM Cost

Overpaying FTHB vs INCM

$5,190

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

FTHB 0.66%
$12,896
INCM 0.38%
$7,706

Amount$10,000

Years30 years

Cost over time

FTHB 0.66%
INCM 0.38%
Overpaying

Year by year

Year	FTHB	INCM	Overpaying
10	$1,180	$688	$492
20	$4,504	$2,658	$1,846
30	$12,896	$7,706	$5,190

Expense ratio

0.66%FTHB
0.38%INCM, cheaper

INCM0.38%FTHB0.66%

0.15%1.37%

Middle half of Multi-Asset Income funds
Median 0.71%

INCM 2nd cheapest of 15 funds

FTHB 7th cheapest of 15 funds

FTHB vs INCM Dividends

Last 12 months to Nov 2, 2026

Yield (12M): FTHB No data; INCM 5.26%
Payout (12M): FTHB No data; INCM $1.53
Last payment: FTHB $0.12; INCM $0.13
Ex-dividend: FTHB Oct 30, 2026; INCM Oct 30, 2026
Paid on: FTHB Pays Nov 3, 2026; INCM Pays Nov 4, 2026
Frequency: FTHB Monthly; INCM Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FTHBMonthly · 8 paymentsAll FTHB payments⁠

INCMMonthly · 42 paymentsAll INCM payments⁠

FTHB vs INCM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FTHB No dataINCM 7.2%
Return per unit of riskSharpe ratio, 3 years: FTHB No dataINCM 1.19
Worst fallMax drawdown, 5 years: FTHB No dataINCM −7.8%since Jun 2023
Market sensitivityBeta, 5 years: FTHB 0.11INCM 0.70; Market = 1

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