FTHB vs INKM: Grades, Fees and Holdings Compared

FIS Faith Income ETF

FTHBCNYSE Arca

State Street Income Allocation ETF

INKMANYSE Arca

Overlap

0.0%by weight

Expense ratio

INKM −0.16pt a year

FTHB0.66%INKM0.50%

Avg volume · 30D

INKM 2.3×the volume

FTHB5.83KINKM13.3K

FTHB vs INKM Performance

Jul 31, 2026 – Nov 2, 2026

−0.7%FTHB−0.2%INKM

Expense ratio: FTHB 0.66%; INKM 0.50%, better
Fund size: FTHB $14M; INKM $70M
1Y total return: FTHB No data; INKM +7.7%
Yield (12M): FTHB No data; INKM 4.68%
Holdings: FTHB 22; INKM 18
Avg volume (30D): FTHB 5.83K sh; INKM 13.3K sh, better
NAV per share: FTHB $24.55; INKM $34.00
52W range

ETF.net Grade

Pillar letters and Scores for FTHB, INKM, with each pillar’s weight
Pillar	FTHB	INKM
Cost30% weight	B57	A79Higher
Mission25% weight	Not scored	A71
Risk15% weight	C54	A71Higher
Tradability15% weight	D31	A76Higher
Holdings10% weight	C52Higher	C47
Durability5% weight	D28	A70Higher

Rank among Multi-Asset Income funds

How we build Categories ›

Same Category. FTHB and INKM 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 ›

INKM ranks 3rd 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 3AINKMState Street Income Allocation ETFScore 71
Rank 4BMDIVMulti-Asset Diversified Income Index FundScore 67
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

INKMAState Street Income Allocation 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.

INKM One ticker, one active manager, and a shopping list that runs from bonds and preferreds to convertibles, global REITs and dividend stocks. INKM has been playing multi-asset income this way since 2012, at half a point of fee.

Stated mandate

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

INKM The fund seeks total return by investing primarily in income- and yield-generating assets. It is actively managed and uses tactical allocations across bonds, convertible and preferred securities, global REITs, and domestic and international dividend-focused equities.

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

INKM Charges 0.50% a year, under the 0.78% median for allocation funds.
Actively managed with tactical shifts across bonds, convertibles, preferreds, global REITs and dividend equities, rather than fixed index weights.ssga.com
Launched in 2012 and pays quarterly, a long run for a one-ticket income allocation fund.
Lands in the upper half of its allocation peer group on our review.

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

INKM Thinly traded with a modest asset base, so spreads and order handling matter more here than with the category's giants.
Index-based allocation rivals cost far less: AOA at 0.19% and IRTR at 0.08%.
No published index to check it against. What you own depends on the manager's asset-mix calls.

Full FTHB profile⁠

Full INKM profile⁠

FTHB vs INKM Holdings

How FTHB and INKM differ

Overlap by weight

0.0%

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

Level by level

Holdings0 in both0.0%
Countryby domicile84.1%

Sector

No Sector split for FTHB.

Country, concentration and asset class

Country by domicile

Country weights in FTHB and INKM, widest gap first
Country	More in FTHBMore in INKM	FTHB	INKM
United States	FTHB +15.9 points	100.0%	84.1%
Japan	INKM +1.8 points	0.0%	1.8%
Canada	INKM +1.4 points	0.0%	1.4%
Mexico	INKM +1.3 points	0.0%	1.3%
Australia	INKM +1.2 points	0.0%	1.2%
China	INKM +1.1 points	0.0%	1.1%
Switzerland	INKM +1.1 points	0.0%	1.1%
South Africa	INKM +0.9 points	0.0%	0.9%
Other countries (23)	INKM +7.1 points	0.0%	7.1%

Concentration

Weight in the 10 largest Holdings

FTHB69.5%
INKM82.6%

Securities held

FTHB21
INKM16

Asset class

FTHB: Equity
INKM: Multi-Asset

Holdings

Only in FTHB21
In both0
Only in INKM16

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 INKM

16 securities, 99.6% of INKM by weight

State Street Spdr Portfolio Lo16.14%
State Street Spdr S+p Global I10.78%
State Street Us Equity Premium9.58%
State Street Spdr Bloomberg Em8.87%
Schwab Us Dividend Equity Etf7.40%
State Street Spdr Portfolio S+7.34%
State Street Spdr Bloomberg Hi5.83%
State Street Spdr Ice Preferre5.80%
State Street Blackstone Senior5.79%
State Street Spdr S+p Internat5.05%
State Street Spdr Bloomberg Em4.85%
State Street Spdr Bloomberg Co3.70%
State Street Spdr Dow Jones Re2.51%
State Street Spdr Portfolio In2.49%
State Street Spdr Portfolio Lo2.01%
State Street Spdr Portfolio In1.49%

Weight gaps

FTHB and INKM share no securities.

All FTHB holdings⁠All 16 INKM 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 INKM Cost

Overpaying FTHB vs INKM

$2,917

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

FTHB 0.66%
$12,896
INKM 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

FTHB 0.66%
INKM 0.50%
Overpaying

Year by year

Year	FTHB	INKM	Overpaying
10	$1,180	$900	$280
20	$4,504	$3,460	$1,044
30	$12,896	$9,979	$2,917

Expense ratio

0.66%FTHB
0.50%INKM, cheaper

INKM0.50%FTHB0.66%

0.15%1.37%

Middle half of Multi-Asset Income funds
Median 0.71%

INKM 3rd cheapest of 15 funds

FTHB 7th cheapest of 15 funds

FTHB vs INKM Dividends

Last 12 months to Nov 2, 2026

Yield (12M): FTHB No data; INKM 4.68%
Payout (12M): FTHB No data; INKM $1.59
Last payment: FTHB $0.12; INKM $0.34
Ex-dividend: FTHB Oct 30, 2026; INKM Sep 25, 2026
Paid on: FTHB Pays Nov 3, 2026; INKM Sep 29, 2026
Frequency: FTHB Monthly; INKM Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

FTHBMonthly · 8 paymentsAll FTHB payments⁠

INKMQuarterly · 15 paymentsAll INKM payments⁠

FTHB vs INKM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FTHB No dataINKM 7.8%
Return per unit of riskSharpe ratio, 3 years: FTHB No dataINKM 0.92
Worst fallMax drawdown, 5 years: FTHB No dataINKM −19.2%
Market sensitivityBeta, 5 years: FTHB 0.11INKM 0.82; Market = 1

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