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INCM.AX's Sortino Ratio of 2.33 indicates that for each unit of downside volatility, it generates 2.33 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 16, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

INCM.AX Sortino Ratio Rank


INCM.AX Sortino Ratio Rank: 61.461
Above Average

INCM.AX ranks above 61.4% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Above-average downside protection with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio risk profile

INCM.AX Sortino Ratio Market Positioning

The chart shows INCM.AX's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 1.17 or lower
  • Yellow zone (middle 50%): 1.17 to 2.69
  • Green zone (top 25%): 2.69 or higher
  • Top 1%: 13.75+
  • Median: 2.04 — half of all investments score higher

How it compares to other similar ETFs

The table compares Betashares S&P Global High Dividend Aristocrats ETF's Sortino Ratio with other ETFs in the Dividend category across multiple time periods, showing how INCM.AX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 16, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
INCM.AXBetashares S&P Global High Dividend Aristocrats ETF2.33
VHY.AXVanguard Australian Shares High Yield ETF2.15
IHD.AXiShares S&P/ASX Dividend Opportunities ESG Screened ETF2.15
ZYAU.AXGlobal X S&P/ASX 200 High Dividend ETF2.14
WDIV.AXSPDR ETFs Australia - State Street SPDR S&P Global Dividend ETF1.79
SYI.AXSPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF1.75
RDV.AXRussell Investments High Dividend Australian Shares ETF1.03
INIF.AXIntelligent Investor Australian Equity Income ETF1.02
JHGA.AXJPMorgan Global Equity Premium Income (Hedged) Complex ETF0.77
HVST.AXBetashares Australian Dividend Harvester Active ETF0.18

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows INCM.AX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when INCM.AX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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