INCE vs WTIP: Grades, Fees and Holdings Compared

Franklin Income Equity Focus ETF

INCEANYSE Arca

WisdomTree Inflation Plus Fund

WTIPDNasdaq

Overlap

0.1%by weight

Expense ratio

INCE −0.36pt a year

INCE0.29%WTIP0.65%

Avg volume · 30D

INCE 7.0×the volume

INCE47.3KWTIP6.78K

INCE vs WTIP Performance

Oct 31, 2025 – Oct 30, 2026

+22.6%INCE+18.1%WTIP

Expense ratio: INCE 0.29%, better; WTIP 0.65%
Fund size: INCE $368M; WTIP $28M
1Y total return: INCE +22.6%, better; WTIP +18.1%
Yield (12M): INCE 5.28%; WTIP 9.08%, better
Holdings: INCE 112; WTIP 35
Avg volume (30D): INCE 47.3K sh, better; WTIP 6.78K sh
NAV per share: INCE $68.80; WTIP $34.82
52W range

ETF.net Grade

Pillar letters and Scores for INCE, WTIP, with each pillar’s weight
Pillar	INCE	WTIP
Cost30% weight	A82Higher	C44
Mission25% weight	Not scored	Not scored
Risk15% weight	B64Higher	D32
Tradability15% weight	B65Higher	D35
Holdings10% weight	A74	Not scored
Durability5% weight	A85Higher	D36

Rank among Multi-Asset Allocation funds

How we build Categories ›

Same Category. INCE and WTIP are both graded against the same 37 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 37 funds

See all 37 ›

INCE ranks 4th and WTIP 29th of 37 funds in the Multi-Asset Allocation Category.

Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
Rank 3AIRTRiShares LifePath Retirement ETFScore 86
Rank 4AINCEFranklin Income Equity Focus ETFScore 74
Rank 5AGAACambria Global Asset Allocation ETFScore 71
Rank 28DGDMAGadsden Dynamic Multi-Asset ETFScore 39
Rank 29DWTIPWisdomTree Inflation Plus FundScore 38
Rank 30DBAMABrookstone Active ETFScore 37

Our read on each fund

ETF.net Research

INCEAFranklin Income Equity Focus ETF

WTIPDWisdomTree Inflation Plus Fund

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.

WTIP No data

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.

WTIP No data

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.

WTIP No data

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.

WTIP No data

Full INCE profile⁠

Full WTIP profile⁠

INCE vs WTIP Holdings

How INCE and WTIP differ

Overlap by weight

0.1%

Shared holdings make up 8.2% of WTIP and 0.1% of INCE.

Level by level

Asset classEquity, Alternatives0.0%
Holdings0 in both0.1%

Sector

No Sector split for WTIP.

Country, concentration and asset class

Country by domicile

No country split for WTIP.

Concentration

Weight in the 10 largest Holdings

INCE26.1%
WTIP41.3%

Securities held

INCE104
WTIP24

Asset class

INCE: Equity
WTIP: Alternatives

Holdings

Only in INCE104
In both0
Only in WTIP24

Only in INCE

104 securities, 98.7% of INCE by weight

Chevron Corp3.86%
JPMorgan Chase & Co2.95%
Morgan Stanley Eln 10/272.87%
Verizon Communications In2.81%
Procter & Gamble Co/The2.74%
Lockheed Martin Corp2.63%
Pepsico Inc2.52%
Southern Co/The2.50%
Mizuho Markets Eln 10/272.44%
Citigroup Glob Eln 10/272.43%
Duke Energy Corp2.12%
Medtronic PLC2.05%
Us Bancorp1.95%
Wells Fargo Eln 10/271.82%
Philip Morris Internation1.77%
Coca-Cola Co/The1.67%
Toronto-Dom Eln 10/271.66%
Air Products & Chemicals1.65%
Johnson & Johnson1.60%
Abbott Laboratories1.53%
Totalenergies SE1.51%
Conocophillips1.34%
Hp Enterprise Co1.24%
Nextera Energy Inc1.23%
Home Depot Inc1.19%
Pfizer Inc1.16%
Merrill Lynch Eln 10/271.16%
Bank of America Corp1.13%
Mcdonald's Corp1.13%
Exxonmobil Holdings Corp1.10%
Nestle Sa-Spons Adr1.05%
Mizuho Mark Eln 9/271.02%
Bnp Paribas Eln 10/271.02%
United Parcel Service-Cl1.00%
Nextera Energy Inc0.99%
Albemarle Corp0.99%
Barclays Bank P Eln 04/270.97%
Bnp Paribas Iss Eln 10/270.92%
Royal Bk Canada Eln 10/270.92%
Boeing Co/The0.89%
Rtx Corp0.87%
Oracle Corp0.86%
Sempra0.86%
Cvs Health Corp0.84%
Texas Instruments Inc0.83%
Union Pacific Corp0.79%
Johnson Controls Internat0.78%
Jp Morgan Chase 0 11/270.77%
Bnp Paribas Iss Eln 9/270.74%
UnitedHealth Group Inc0.73%

Only in WTIP

24 securities, 68.4% of WTIP by weight

Low Su Gasoil G DEC263.62%
Sugar #11 (World) MAR273.59%
Tsy Infl Ix N/B 1.125 10/15/20303.34%
Tsy Infl Ix N/B 1.25 4/15/20313.30%
Tsy Infl Ix N/B 1.625 4/15/20303.28%
Tsy Infl Ix N/B 1.625 10/15/20293.22%
Tsy Infl Ix N/B 2.125 4/15/20293.11%
Tsy Infl Ix N/B 2.375 10/15/20283.10%
Tsy Infl Ix N/B 1.625 10/15/20273.03%
Tsy Infl Ix N/B 0.125 4/15/20273.01%
Wisdomtree Bitcoin Fund3.00%
Tsy Infl Ix N/B 1.25 4/15/20282.95%
Tsy Infl Ix N/B 0.125 7/15/20312.85%
Tsy Infl Ix N/B 0.125 1/15/20312.85%
Tsy Infl Ix N/B 0.125 7/15/20302.74%
Tsy Infl Ix N/B 0.5 1/15/20282.68%
Tsy Infl Ix N/B 0.375 7/15/20272.65%
Tsy Infl Ix N/B 0.125 1/15/20302.56%
Brent Crude Futr JAN272.38%
Tsy Infl Ix N/B 0.375 1/15/20272.38%
Tsy Infl Ix N/B 0.75 7/15/20282.32%
Tsy Infl Ix N/B 0.25 7/15/20292.31%
Wti Crude Future JAN272.15%
Tsy Infl Ix N/B 0.875 1/15/20292.00%

Weight gaps

INCE and WTIP share no securities.

All 113 INCE holdings⁠All WTIP 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.

INCE vs WTIP Cost

Overpaying WTIP vs INCE

$6,765

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

INCE 0.29%
$5,952
WTIP 0.65%
$12,717

Amount$10,000

Years30 years

Cost over time

INCE 0.29%
WTIP 0.65%
Overpaying

Year by year

Year	INCE	WTIP	Overpaying
10	$527	$1,163	$636
20	$2,044	$4,440	$2,396
30	$5,952	$12,717	$6,765

Expense ratio

0.29%INCE, cheaper
0.65%WTIP

INCE0.29%WTIP0.65%

0.06%1.36%

Middle half of Multi-Asset Allocation funds
Median 0.57%

INCE 7th cheapest of 37 funds

WTIP 20th cheapest of 37 funds

INCE vs WTIP Dividends

Last 12 months to Oct 30, 2026

Yield (12M): INCE 5.28%; WTIP 9.08%, better
Payout (12M): INCE $3.64; WTIP $3.15
Last payment: INCE $0.30; WTIP $1.96
Ex-dividend: INCE Oct 30, 2026; WTIP Oct 27, 2026
Paid on: INCE Pays Nov 4, 2026; WTIP Oct 29, 2026
Frequency: INCE Monthly; WTIP Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

INCEMonthly · 34 paymentsAll INCE payments⁠

WTIPMonthly · 14 paymentsAll WTIP payments⁠

INCE vs WTIP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: INCE 10.8%WTIP 12.6%since Jul 2025
Return per unit of riskSharpe ratio, 3 years: INCE 1.28WTIP 1.24since Jul 2025
Worst fallMax drawdown, 5 years: INCE −18.4%WTIP −16.5%since Jun 2025
Market sensitivityBeta, 5 years: INCE 0.60WTIP −0.03; Market = 1

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