INCM vs. SPY
Compare and contrast key facts about Franklin Income Focus ETF (INCM) and SPDR S&P 500 ETF (SPY).
INCM and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INCM is an actively managed fund by Franklin. It was launched on Jun 6, 2023. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INCM or SPY.
Correlation
The correlation between INCM and SPY is 0.60, 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.
Performance
INCM vs. SPY - Performance Comparison
Key characteristics
INCM:
1.84
SPY:
1.87
INCM:
2.66
SPY:
2.52
INCM:
1.34
SPY:
1.35
INCM:
2.76
SPY:
2.81
INCM:
8.68
SPY:
11.69
INCM:
1.24%
SPY:
2.02%
INCM:
5.86%
SPY:
12.65%
INCM:
-6.74%
SPY:
-55.19%
INCM:
0.00%
SPY:
0.00%
Returns By Period
In the year-to-date period, INCM achieves a 3.80% return, which is significantly lower than SPY's 4.58% return.
INCM
3.80%
2.04%
2.95%
11.13%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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INCM vs. SPY - Expense Ratio Comparison
INCM has a 0.38% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
INCM vs. SPY — Risk-Adjusted Performance Rank
INCM
SPY
INCM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Income Focus ETF (INCM) and SPDR S&P 500 ETF (SPY). 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.
Dividends
INCM vs. SPY - Dividend Comparison
INCM's dividend yield for the trailing twelve months is around 4.79%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INCM Franklin Income Focus ETF | 4.79% | 5.07% | 3.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
INCM vs. SPY - Drawdown Comparison
The maximum INCM drawdown since its inception was -6.74%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for INCM and SPY. For additional features, visit the drawdowns tool.
Volatility
INCM vs. SPY - Volatility Comparison
The current volatility for Franklin Income Focus ETF (INCM) is 1.59%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that INCM experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.