INCE vs RAAX

INCEAFranklin Income Equity Focus ETF

RAAXBVanEck Real Assets ETF

In short

INCE Franklin'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.

RAAX One ticker for the stuff you can touch: commodities, resource stocks, REITs, pipelines, MLPs and gold, bundled through other ETFs and actively re-mixed with an eye on sustained drawdowns. VanEck has run it since 2018.

Stated mandate

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

RAAX The Fund seeks long-term total return, aiming to maximize real returns while reducing downside risk during sustained declines. It primarily uses exchange-traded products for exposure to commodities, natural-resource equities, REITs, infrastructure, MLPs, and gold, including gold-mining equities.

Why people hold it

• INCE 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.

• RAAX One ticker covers commodities, natural-resource equities, REITs, infrastructure, MLPs and gold (miners included), instead of stitching five funds together yourself.vaneck.com
• 0.55% a year, below the typical expense ratio in its multi-asset allocation group.
• The mandate is active, not a fixed basket: aim at real returns while trimming exposure during sustained declines.vaneck.com
• Billions in assets and steady day-to-day trading keep the friction of moving in and out of a tactical sleeve manageable.

Worth knowing

• INCE 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.

• RAAX Gold miners, MLPs and commodity futures lurch in ways a plain stock-and-bond blend does not; that volatility is the price of the diversification.
• 0.55% is modest for a tactical multi-asset fund, but vanilla allocation ETFs like AOA (0.19%) and NTSX (0.20%) cost far less.
• It owns other ETFs and reshuffles them, so the mix under the hood can look quite different from one stretch to the next.

Full INCE profile⁠

Full RAAX profile⁠