INEQ vs. UDIV

Last updated Aug 2, 2026

INEQ (Columbia International Equity Income ETF) and UDIV (Franklin U.S. Core Dividend Tilt Index ETF) are both Dividend funds. INEQ is actively managed, while UDIV is passively managed. Over the past 10 years, INEQ returned 9.92%/yr vs 11.54%/yr for UDIV. Their 0.66 correlation means they have sometimes moved together and sometimes differently. INEQ charges 0.45%/yr vs 0.06%/yr for UDIV.

Performance

INEQ vs. UDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia International Equity Income ETF (INEQ) and Franklin U.S. Core Dividend Tilt Index ETF (UDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INEQ achieves a 12.10% return, which is significantly lower than UDIV's 13.87% return. Over the past 10 years, INEQ has underperformed UDIV with an annualized return of 9.92%, while UDIV has yielded a comparatively higher 11.54% annualized return.

INEQ

• 1D: -0.61%
• 1M: 4.84%
• 6M: 7.09%
• YTD: 12.10%
• 1Y: 28.80%
• 3Y*: 20.29%
• 5Y*: 13.46%
• 10Y*: 9.92%
• ALL TIME*: 10.16%

UDIV

• 1D: 0.91%
• 1M: 0.58%
• 6M: 11.30%
• YTD: 13.87%
• 1Y: 25.58%
• 3Y*: 21.43%
• 5Y*: 13.98%
• 10Y*: 11.54%
• ALL TIME*: 11.74%

*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)
INEQ Columbia International Equity Income ETF	$606.92K	$766.57K	$703.44K
UDIV Franklin U.S. Core Dividend Tilt Index ETF	$516.03K	$427.19K	$922.08K

INEQ vs. UDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INEQ Columbia International Equity Income ETF	12.10%	39.85%	6.02%	20.88%	-5.95%	10.18%	-0.52%	15.83%	-18.30%	24.88%
UDIV Franklin U.S. Core Dividend Tilt Index ETF	13.87%	19.00%	25.61%	25.21%	-15.00%	19.66%	5.54%	24.60%	-8.83%	17.44%

Correlation

The correlation between INEQ and UDIV is 0.58, 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.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.59
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Jun 13, 2016	0.66

The correlation between INEQ and UDIV shifts across timeframes, from 0.58 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

INEQ vs. UDIV - Sectors Allocation Comparison

Sectors	INEQ	UDIV
Financial Services	27.2%	11.4%
Industrials	14.0%	6.0%
Basic Materials	10.4%	0.7%
Consumer Defensive	9.5%	5.4%
Energy	9.3%	3.3%
Healthcare	8.7%	7.7%
Communication Services	8.0%	10.1%
Consumer Cyclical	5.6%	8.9%
Utilities	3.6%	2.7%
Real Estate	2.1%	3.7%
Technology	1.6%	40.3%

Return for Risk

INEQ vs. UDIV — Risk / Return Rank

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

INEQ

INEQ Risk / Return Rank: 84
INEQ Sharpe Ratio Rank: 88
INEQ Sortino Ratio Rank: 87
INEQ Omega Ratio Rank: 86
INEQ Calmar Ratio Rank: 81
INEQ Martin Ratio Rank: 76

UDIV

UDIV Risk / Return Rank: 80
UDIV Sharpe Ratio Rank: 80
UDIV Sortino Ratio Rank: 78
UDIV Omega Ratio Rank: 79
UDIV Calmar Ratio Rank: 79
UDIV Martin Ratio Rank: 84

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.

INEQ vs. UDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia International Equity Income ETF (INEQ) and Franklin U.S. Core Dividend Tilt Index ETF (UDIV). 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.

	INEQ	UDIV	Difference
Sharpe ratio: Return per unit of total volatility	2.12	1.83	+0.29
Sortino ratio: Return per unit of downside risk	2.93	2.50	+0.43
Omega ratio: Gain probability vs. loss probability	1.38	1.33	+0.06
Calmar ratio: Return relative to maximum drawdown	3.00	2.82	+0.18
Martin ratio: Return relative to average drawdown	9.69	11.60	-1.91

INEQ vs. UDIV - Sharpe Ratio Comparison

The current INEQ Sharpe Ratio is 2.12, which is comparable to the UDIV Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of INEQ and UDIV, 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

INEQ vs. UDIV - Drawdown Comparison

The maximum INEQ drawdown since its inception was -41.71%, which is greater than UDIV's maximum drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for INEQ and UDIV.

Drawdown Indicators

	INEQ	UDIV	Difference
Max Drawdown Largest peak-to-trough decline	-41.71%	-35.21%	-6.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-8.44%	-1.12%
Max Drawdown (3Y) Largest decline over 3 years	-14.38%	-19.19%	+4.81%
Max Drawdown (5Y) Largest decline over 5 years	-24.51%	-23.18%	-1.33%
Max Drawdown (10Y) Largest decline over 10 years	-41.71%	-35.21%	-6.50%
Current Drawdown Current decline from peak	-0.61%	-1.66%	+1.05%
Average Drawdown Average peak-to-trough decline	-7.00%	-4.60%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.05%	+0.91%

Volatility

INEQ vs. UDIV - Volatility Comparison

Columbia International Equity Income ETF (INEQ) has a higher volatility of 4.27% compared to Franklin U.S. Core Dividend Tilt Index ETF (UDIV) at 3.90%. This indicates that INEQ's price experiences larger fluctuations and is considered to be riskier than UDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INEQ	UDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	3.90%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	10.26%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	13.02%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	15.66%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	16.17%	+0.20%

INEQ vs. UDIV - Expense Ratio Comparison

INEQ has a 0.45% expense ratio, which is higher than UDIV's 0.06% expense ratio.

Dividends

INEQ vs. UDIV - Dividend Comparison

INEQ's dividend yield for the trailing twelve months is around 9.31%, more than UDIV's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
INEQ Columbia International Equity Income ETF	9.31%	9.76%	3.11%	3.27%	3.57%	3.43%	2.64%	3.34%	7.25%	4.63%	2.52%
UDIV Franklin U.S. Core Dividend Tilt Index ETF	1.48%	1.53%	2.05%	1.91%	3.20%	2.97%	2.90%	3.40%	3.74%	3.47%	1.63%

Frequently Asked Questions

Can I hold both INEQ and UDIV in my portfolio?

INEQ and UDIV have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INEQ or UDIV?

INEQ has higher volatility (4.27%) compared to UDIV (3.90%). In terms of maximum drawdown, INEQ dropped -41.71% vs UDIV's -35.21%.

Which ETF is better, INEQ or UDIV?

On 10-year performance, UDIV leads with 11.54% vs 9.92% for INEQ. On fees, UDIV is cheaper at 0.06% per year. On volatility, UDIV has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INEQ or UDIV?

Over the 10-year period, UDIV has performed better with a 11.54% return vs 9.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INEQ or UDIV?

UDIV is cheaper with a 0.06% expense ratio, compared with 0.45% for INEQ.

Which ETF pays a higher dividend yield, INEQ or UDIV?

INEQ has the higher dividend yield at 9.31%, compared with 1.48% for UDIV.

What is the main difference between INEQ and UDIV?

They also come from different issuers: Columbia and Franklin Templeton. Their fees differ too: 0.45% for INEQ and 0.06% for UDIV.

Which has better risk-adjusted returns?

INEQ currently has the higher Sharpe Ratio (2.12 vs 1.83), 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.