INKM vs LOTI: Grades, Fees and Holdings Compared

State Street Income Allocation ETF

INKMANYSE Arca

Liberty One Tactical Income ETF

LOTIBNasdaq

Overlap

0.0%by weight

Expense ratio

INKM −0.51pt a year

INKM0.50%LOTI1.01%

Avg volume · 30D

INKM 2.4×the volume

INKM13.3KLOTI5.55K

INKM vs LOTI Performance

Oct 31, 2025 – Nov 2, 2026

+7.7%INKM+8.1%LOTI

Expense ratio: INKM 0.50%, better; LOTI 1.01%
Fund size: INKM $70M; LOTI $50M
1Y total return: INKM +7.7%; LOTI +8.1%, better
Yield (12M): INKM 4.68%; LOTI No data
Holdings: INKM 18; LOTI 35
Avg volume (30D): INKM 13.3K sh, better; LOTI 5.55K sh
NAV per share: INKM $34.00; LOTI $26.52
52W range

ETF.net Grade

Pillar letters and Scores for INKM, LOTI, with each pillar’s weight
Pillar	INKM	LOTI
Cost30% weight	A79Higher	D29
Mission25% weight	A71	A90Higher
Risk15% weight	A71Higher	B65
Tradability15% weight	A76Higher	C44
Holdings10% weight	C47	A73Higher
Durability5% weight	A70Higher	F21

Rank among Multi-Asset Income funds

How we build Categories ›

Same Category. INKM and LOTI 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 LOTI 7th 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 5BHNDLStrategy Shares Nasdaq 7HANDL Index ETFScore 57
Rank 7BLOTILiberty One Tactical Income ETFScore 55
Rank 8CCVYInvesco Zacks Multi-Asset Income ETFScore 52

Our read on each fund

ETF.net Research

INKMAState Street Income Allocation ETF

LOTIBLiberty One Tactical Income ETF

In short

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.

LOTI Most multi-asset income funds pick an allocation and sit still. LOTI hands the dial to an active manager who shifts between dividend-paying stocks and bond funds as conditions change, and pays out monthly.

Stated mandate

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.

LOTI The Fund seeks current income and the opportunity for capital appreciation to produce a total return.

Why people hold it

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.

LOTI Actively managed rather than index-bound: the adviser moves the mix between equity and fixed income as markets shift, generally targeting 35% to 65% in each sleeve.yahoo.com
One ticket covers both halves of a balanced build: dividend-paying equities on one side, bond ETFs for ballast on the other.
Income lands monthly, and the portfolio tracks the balanced multi-asset income mandate it advertises closely.

Worth knowing

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.

LOTI Active management carries a price: 1.01% net of a waiver through December 1, 2026 (1.04% gross), above the category median and above INCM at 0.38% or IYLD at 0.50%.
Launched in 2025, small and thinly traded, so spreads can run wider than the category's long-established names.
No index sets the mix here. Allocation, credit quality and duration are the adviser's judgment calls, with a short track record to read them by.yahoo.com

Full INKM profile⁠

Full LOTI profile⁠

INKM vs LOTI Holdings

How INKM and LOTI differ

Overlap by weight

0.0%

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

Level by level

Holdings0 in both0.0%
Countryby domicile86.7%

Sector

No Sector split for LOTI.

Country, concentration and asset class

Country by domicile

Country weights in INKM and LOTI, widest gap first
Country	More in INKMMore in LOTI	INKM	LOTI
United States	LOTI +11.7 points	84.1%	95.8%
Japan	INKM +1.8 points	1.8%	0.0%
Switzerland	LOTI +1.4 points	1.1%	2.5%
Mexico	INKM +1.2 points	1.3%	0.1%
Canada	INKM +1.1 points	1.4%	0.3%
China	INKM +1.1 points	1.1%	0.0%
Australia	INKM +1.1 points	1.2%	0.1%
Brazil	INKM +0.8 points	0.8%	0.0%
Other countries (29)	INKM +5.9 points	7.2%	1.3%

Concentration

Weight in the 10 largest Holdings

INKM82.6%
LOTI51.5%

Securities held

INKM16
LOTI34

Asset class

INKM: Multi-Asset
LOTI: Multi-Asset

Holdings

Only in INKM16
In both0
Only in LOTI34

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%

Only in LOTI

34 securities, 100% of LOTI by weight

JPMorgan Income ETF USD Class7.37%
Eaton Vance Short Duration Income ETF USD Class6.44%
TCW Flexible Income ETF USD Class6.35%
PIMCO Multisector Bond Active ETF6.33%
Vanguard Mortgage-Backed Securities ETF5.52%
iShares Core U.S. Aggregate Bond ETF5.45%
Vanguard Long-Term Corporate Bond ETF USD Class4.29%
Eli Lilly & Company3.74%
Cardinal Health, Inc.3.12%
Gilead Sciences, Inc.2.90%
Johnson & Johnson2.89%
Hartford Strategic Income ETF USD Class2.70%
Coca-Cola Company (The)2.70%
Chubb Ltd.2.47%
UnitedHealth Group, Inc.2.30%
Entergy Corporation2.24%
Visa, Inc.2.19%
WW Grainger, Inc.2.13%
Alliant Energy Corporation2.05%
Motorola Solutions, Inc.2.04%
Waste Management, Inc.2.02%
Republic Services, Inc.2.02%
Procter & Gamble Company (The)2.01%
Duke Energy Corporation1.97%
Microsoft Corporation1.97%
Kroger Company (The)1.91%
Southern Company (The)1.91%
Broadcom, Inc.1.89%
Northrop Grumman Corporation1.85%
Agree Realty Corporation1.80%
Alphabet, Inc.1.65%
McDonald's Corporation1.65%
AT&T, Inc.1.44%
First American Treasury Obligations Fund Class X0.71%

Weight gaps

INKM and LOTI share no securities.

All 16 INKM holdings⁠All LOTI 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.

INKM vs LOTI Cost

Overpaying LOTI vs INKM

$8,871

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

INKM 0.50%
$9,979
LOTI 1.01%
$18,850

Amount$10,000

Years30 years

Cost over time

INKM 0.50%
LOTI 1.01%
Overpaying

Year by year

Year	INKM	LOTI	Overpaying
10	$900	$1,780	$880
20	$3,460	$6,686	$3,226
30	$9,979	$18,850	$8,871

Expense ratio

0.50%INKM, cheaper
1.01%LOTI

INKM0.50%LOTI1.01%

0.15%1.37%

Middle half of Multi-Asset Income funds
Median 0.71%

INKM 3rd cheapest of 15 funds

LOTI 11th cheapest of 15 funds

INKM vs LOTI Dividends

Last 12 months to Nov 2, 2026

Yield (12M): INKM 4.68%; LOTI No data
Payout (12M): INKM $1.59; LOTI No data
Last payment: INKM $0.34; LOTI $0.05
Ex-dividend: INKM Sep 25, 2026; LOTI Oct 16, 2026
Paid on: INKM Sep 29, 2026; LOTI Oct 21, 2026
Frequency: INKM Quarterly; LOTI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

INKMQuarterly · 15 paymentsAll INKM payments⁠

LOTIMonthly · 12 paymentsAll LOTI payments⁠

INKM vs LOTI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: INKM 7.8%LOTI 8.4%since Oct 2025
Return per unit of riskSharpe ratio, 3 years: INKM 0.92LOTI 0.41since Oct 2025
Worst fallMax drawdown, 5 years: INKM −19.2%LOTI −4.4%since Sep 2025
Market sensitivityBeta, 5 years: INKM 0.82LOTI 0.15; Market = 1

Popular comparisons

INKMAvsINCMA
State Street Income Allocation ETF · Franklin Income Focus ETF
Expense ratio
0.50% · 0.38%
Category
LOTIBvsINCMA
Liberty One Tactical Income ETF · Franklin Income Focus ETF
Expense ratio
1.01% · 0.38%
Category
INKMAvsIYLDA
State Street Income Allocation ETF · iShares Morningstar Multi-Asset Income ETF
Expense ratio
0.50% · 0.50%
Category
LOTIBvsIYLDA
Liberty One Tactical Income ETF · iShares Morningstar Multi-Asset Income ETF
Expense ratio
1.01% · 0.50%
Category
INKMAvsMDIVB
State Street Income Allocation ETF · Multi-Asset Diversified Income Index Fund
Expense ratio
0.50% · 0.71%
Category
LOTIBvsMDIVB
Liberty One Tactical Income ETF · Multi-Asset Diversified Income Index Fund
Expense ratio
1.01% · 0.71%
Category