INCE vs TRTY

INCEAFranklin Income Equity Focus ETF

TRTYACambria Trinity 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.

TRTY One ticker, a whole portfolio. TRTY stacks roughly 30 ETFs across global stocks, bonds, real estate, commodities and currencies, adds a trend-following sleeve that can short falling assets, and charges 0.39%.

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.

TRTY TRTY seeks income and capital appreciation. It builds diversified global exposure through equity, fixed-income, real-estate, commodity, currency, and other exchange-traded vehicles, using value, momentum, and trend-oriented allocation.

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.

• TRTY Spans global equity, bonds, real estate, commodities and currencies, chosen by value, momentum and trend screens instead of a fixed stock/bond split. Live since 2018.sec.gov
• At 0.39%, with no waiver propping it up, it sits below the median fee for allocation ETFs, unusual for a fund-of-funds carrying trend and short positions.cambriafunds.com
• Pays quarterly, and the mandate is written around income plus capital appreciation rather than growth alone.
• One of the stronger implementations in its allocation peer group: what it holds lines up closely with the global all-asset mandate it advertises.

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.

• TRTY The 0.39% total includes the fees of the ETFs inside it, the cost of the fund-of-funds wrapper. Plain blends like AOA (0.15% net of a waiver through November 30, 2026) run cheaper.sec.gov
• Trend and momentum rules let it sidestep or short assets a 60/40 would hold, so it does not move like a plain stock-and-bond mix.sec.gov
• Moderately traded rather than one of the category's busiest names, so quotes can run wider than on the giant core allocation funds.

Full INCE profile⁠

Full TRTY profile⁠