INCE vs. IDVO

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin Income Equity Focus ETF (INCE) and Amplify International Enhanced Dividend Income ETF (IDVO).

INCE and IDVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INCE is an actively managed fund by Franklin Templeton. It was launched on Sep 20, 2016. IDVO is an actively managed fund by Amplify. It was launched on Sep 8, 2022.

Performance

INCE vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Income Equity Focus ETF (INCE) and Amplify International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

INCE vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
INCE Franklin Income Equity Focus ETF	7.36%	15.92%	10.70%	13.87%	0.91%
IDVO Amplify International Enhanced Dividend Income ETF	7.15%	36.46%	10.16%	17.53%	5.47%

Returns By Period

The year-to-date returns for both stocks are quite close, with INCE having a 7.36% return and IDVO slightly lower at 7.15%.

INCE

• 1D: 1.23%
• 1M: -2.97%
• YTD: 7.36%
• 6M: 11.87%
• 1Y: 21.14%
• 3Y*: 15.33%
• 5Y*: 11.11%
• 10Y*: —

IDVO

• 1D: 3.80%
• 1M: -5.12%
• YTD: 7.15%
• 6M: 11.86%
• 1Y: 36.67%
• 3Y*: 21.40%
• 5Y*: —
• 10Y*: —

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

INCE vs. IDVO - Expense Ratio Comparison

INCE has a 0.29% expense ratio, which is lower than IDVO's 0.65% expense ratio.

IDVO

Amplify International Enhanced Dividend Income ETF

INCE

Franklin Income Equity Focus ETF

Return for Risk

INCE vs. IDVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INCE

INCE Risk / Return Rank: 82
INCE Sharpe Ratio Rank: 82
INCE Sortino Ratio Rank: 83
INCE Omega Ratio Rank: 87
INCE Calmar Ratio Rank: 76
INCE Martin Ratio Rank: 85

IDVO

IDVO Risk / Return Rank: 91
IDVO Sharpe Ratio Rank: 92
IDVO Sortino Ratio Rank: 92
IDVO Omega Ratio Rank: 93
IDVO Calmar Ratio Rank: 89
IDVO Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INCE vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Income Equity Focus ETF (INCE) and Amplify International Enhanced Dividend Income ETF (IDVO). 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.

	INCE	IDVO	Difference
Sharpe ratio Return per unit of total volatility	1.55	2.00	-0.45
Sortino ratio Return per unit of downside risk	2.17	2.61	-0.43
Omega ratio Gain probability vs. loss probability	1.35	1.40	-0.05
Calmar ratio Return relative to maximum drawdown	1.98	2.77	-0.79
Martin ratio Return relative to average drawdown	9.86	12.06	-2.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INCE vs. IDVO - Sharpe Ratio Comparison

The current INCE Sharpe Ratio is 1.55, which is comparable to the IDVO Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of INCE and IDVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	INCE	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	2.00	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.32	-0.51

Correlation

The correlation between INCE and IDVO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

INCE vs. IDVO - Dividend Comparison

INCE's dividend yield for the trailing twelve months is around 4.80%, less than IDVO's 5.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
INCE Franklin Income Equity Focus ETF	4.80%	4.71%	3.25%	1.75%	1.68%	1.41%	1.40%	1.31%	1.55%	1.44%	0.50%
IDVO Amplify International Enhanced Dividend Income ETF	5.54%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

INCE vs. IDVO - Drawdown Comparison

The maximum INCE drawdown since its inception was -33.95%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for INCE and IDVO.

Drawdown Indicators

	INCE	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-33.95%	-15.46%	-18.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.10%	-12.81%	+1.71%
Max Drawdown (5Y) Largest decline over 5 years	-18.40%	—	—
Current Drawdown Current decline from peak	-2.97%	-6.50%	+3.53%
Average Drawdown Average peak-to-trough decline	-3.30%	-2.31%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.94%	-0.71%

Volatility

INCE vs. IDVO - Volatility Comparison

The current volatility for Franklin Income Equity Focus ETF (INCE) is 3.23%, while Amplify International Enhanced Dividend Income ETF (IDVO) has a volatility of 8.13%. This indicates that INCE experiences smaller price fluctuations and is considered to be less risky than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INCE	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	8.13%	-4.90%
Volatility (6M) Calculated over the trailing 6-month period	6.31%	12.71%	-6.40%
Volatility (1Y) Calculated over the trailing 1-year period	13.74%	18.46%	-4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.32%	16.33%	-3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.80%	16.33%	-0.53%