FIXT vs. INKM

Last updated Aug 4, 2026

FIXT (Procure Disaster Recovery Strategy ETF) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. FIXT is passively managed, while INKM is actively managed. Over the past year, FIXT returned 2.57% vs 12.22% for INKM. Their 0.60 correlation means they have sometimes moved together and sometimes differently. FIXT charges 0.75%/yr vs 0.50%/yr for INKM.

Performance

FIXT vs. INKM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Disaster Recovery Strategy ETF (FIXT) and SPDR SSgA Income Allocation ETF (INKM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIXT achieves a -0.02% return, which is significantly lower than INKM's 7.00% return.

FIXT

• 1D: 0.16%
• 1M: -0.88%
• 6M: -0.36%
• YTD: -0.02%
• 1Y: 2.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.01%

INKM

• 1D: 0.42%
• 1M: 0.41%
• 6M: 4.28%
• YTD: 7.00%
• 1Y: 12.22%
• 3Y*: 9.97%
• 5Y*: 4.30%
• 10Y*: 5.35%
• ALL TIME*: 5.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIXT Procure Disaster Recovery Strategy ETF	$753.53K	$1.08M	$852.15K
INKM SPDR SSgA Income Allocation ETF	$301.33K	$200.75K	$258.74K

FIXT vs. INKM - Yearly Performance Comparison

	2026 (YTD)	2025
FIXT Procure Disaster Recovery Strategy ETF	-0.02%	4.57%
INKM SPDR SSgA Income Allocation ETF	7.00%	6.62%

Correlation

The correlation between FIXT and INKM is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.60

The correlation between FIXT and INKM has been stable across timeframes, ranging from 0.57 to 0.60 - a consistent structural relationship.

Return for Risk

FIXT vs. INKM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIXT

FIXT Risk / Return Rank: 27
FIXT Sharpe Ratio Rank: 29
FIXT Sortino Ratio Rank: 27
FIXT Omega Ratio Rank: 26
FIXT Calmar Ratio Rank: 26
FIXT Martin Ratio Rank: 26

INKM

INKM Risk / Return Rank: 80
INKM Sharpe Ratio Rank: 83
INKM Sortino Ratio Rank: 83
INKM Omega Ratio Rank: 84
INKM Calmar Ratio Rank: 73
INKM Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIXT vs. INKM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Disaster Recovery Strategy ETF (FIXT) and SPDR SSgA Income Allocation ETF (INKM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FIXT	INKM	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.04	-1.32
Sortino ratio: Return per unit of downside risk	1.05	2.90	-1.85
Omega ratio: Gain probability vs. loss probability	1.12	1.38	-0.26
Calmar ratio: Return relative to maximum drawdown	0.85	2.70	-1.84
Martin ratio: Return relative to average drawdown	2.12	10.62	-8.50

FIXT vs. INKM - Sharpe Ratio Comparison

The current FIXT Sharpe Ratio is 0.72, which is lower than the INKM Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FIXT and INKM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIXT vs. INKM - Drawdown Comparison

The maximum FIXT drawdown since its inception was -3.02%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for FIXT and INKM.

Drawdown Indicators

	FIXT	INKM	Difference
Max Drawdown Largest peak-to-trough decline	-3.02%	-28.58%	+25.56%
Max Drawdown (1Y) Largest decline over 1 year	-3.02%	-4.55%	+1.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-7.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.18%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.58%	—
Current Drawdown Current decline from peak	-2.13%	-0.03%	-2.10%
Average Drawdown Average peak-to-trough decline	-0.84%	-3.65%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	1.15%	+0.06%

Volatility

FIXT vs. INKM - Volatility Comparison

The current volatility for Procure Disaster Recovery Strategy ETF (FIXT) is 1.12%, while SPDR SSgA Income Allocation ETF (INKM) has a volatility of 1.21%. This indicates that FIXT experiences smaller price fluctuations and is considered to be less risky than INKM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIXT	INKM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	1.21%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	2.69%	4.71%	-2.02%
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	6.03%	-2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.76%	8.31%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.76%	9.75%	-5.99%

FIXT vs. INKM - Expense Ratio Comparison

FIXT has a 0.75% expense ratio, which is higher than INKM's 0.50% expense ratio.

Dividends

FIXT vs. INKM - Dividend Comparison

FIXT's dividend yield for the trailing twelve months is around 5.66%, more than INKM's 4.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIXT Procure Disaster Recovery Strategy ETF	5.66%	3.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INKM SPDR SSgA Income Allocation ETF	4.76%	5.82%	4.83%	4.56%	5.03%	3.74%	3.88%	4.38%	4.08%	3.10%	3.39%	3.45%

Frequently Asked Questions

Can I hold both FIXT and INKM in my portfolio?

FIXT and INKM have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIXT or INKM?

INKM has higher volatility (1.21%) compared to FIXT (1.12%). In terms of maximum drawdown, FIXT dropped -3.02% vs INKM's -28.58%.

Which ETF is better, FIXT or INKM?

On 1-year performance, INKM leads with 12.22% vs 2.57% for FIXT. On fees, INKM is cheaper at 0.50% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIXT or INKM?

Over the 1-year period, INKM has performed better with a 12.22% return vs 2.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIXT or INKM?

INKM is cheaper with a 0.50% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, FIXT or INKM?

FIXT has the higher dividend yield at 5.66%, compared with 4.76% for INKM.

What is the main difference between FIXT and INKM?

They also come from different issuers: Procure and State Street. Their fees differ too: 0.75% for FIXT and 0.50% for INKM.

Which has better risk-adjusted returns?

INKM currently has the higher Sharpe Ratio (2.04 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.