SEI vs. INCE

Last updated Jul 17, 2026

SEI (Solaris Energy Infrastructure, Inc) is a stock, while INCE (Franklin Income Equity Focus ETF) is Dividend fund actively managed by Franklin Templeton. Over the past 5 years, SEI returned 52.71%/yr vs 10.60%/yr for INCE. At a 0.27 correlation, their price movements are largely independent.

Performance

SEI vs. INCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Solaris Energy Infrastructure, Inc (SEI) and Franklin Income Equity Focus ETF (INCE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEI achieves a 34.10% return, which is significantly higher than INCE's 13.80% return.

SEI

• 1D: -8.51%
• 1M: -19.38%
• 6M: 11.28%
• YTD: 34.10%
• 1Y: 107.54%
• 3Y*: 93.74%
• 5Y*: 52.71%
• 10Y*: —

INCE

• 1D: 0.69%
• 1M: -0.19%
• 6M: 9.42%
• YTD: 13.80%
• 1Y: 21.92%
• 3Y*: 15.70%
• 5Y*: 10.60%
• 10Y*: —

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

SEI vs. INCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEI Solaris Energy Infrastructure, Inc	34.10%	62.29%	277.66%	-15.75%	57.46%	-15.55%	-38.09%	19.10%	-43.06%	75.35%
INCE Franklin Income Equity Focus ETF	13.80%	15.92%	10.70%	13.87%	-8.54%	23.36%	12.33%	32.72%	-2.14%	12.36%

Correlation

The correlation between SEI and INCE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since May 12, 2017	0.27

The correlation between SEI and INCE shifts across timeframes, from 0.15 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SEI vs. INCE — Risk / Return Rank

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

SEI

SEI Risk / Return Rank: 85
SEI Sharpe Ratio Rank: 84
SEI Sortino Ratio Rank: 80
SEI Omega Ratio Rank: 78
SEI Calmar Ratio Rank: 91
SEI Martin Ratio Rank: 90

INCE

INCE Risk / Return Rank: 92
INCE Sharpe Ratio Rank: 93
INCE Sortino Ratio Rank: 93
INCE Omega Ratio Rank: 92
INCE Calmar Ratio Rank: 91
INCE Martin Ratio Rank: 90

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.

SEI vs. INCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Solaris Energy Infrastructure, Inc (SEI) and Franklin Income Equity Focus ETF (INCE). 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.

	SEI	INCE	Difference
Sharpe ratio: Return per unit of total volatility	1.45	2.64	-1.19
Sortino ratio: Return per unit of downside risk	2.09	3.83	-1.74
Omega ratio: Gain probability vs. loss probability	1.25	1.49	-0.24
Calmar ratio: Return relative to maximum drawdown	4.09	4.49	-0.40
Martin ratio: Return relative to average drawdown	9.77	16.31	-6.54

SEI vs. INCE - Sharpe Ratio Comparison

The current SEI Sharpe Ratio is 1.45, which is lower than the INCE Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of SEI and INCE, 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

SEI vs. INCE - Drawdown Comparison

The maximum SEI drawdown since its inception was -79.49%, which is greater than INCE's maximum drawdown of -33.95%. Use the drawdown chart below to compare losses from any high point for SEI and INCE.

Drawdown Indicators

	SEI	INCE	Difference
Max Drawdown Largest peak-to-trough decline	-79.49%	-33.95%	-45.54%
Max Drawdown (1Y) Largest decline over 1 year	-26.43%	-4.90%	-21.53%
Max Drawdown (3Y) Largest decline over 3 years	-55.37%	-14.01%	-41.36%
Max Drawdown (5Y) Largest decline over 5 years	-55.37%	-18.40%	-36.97%
Current Drawdown Current decline from peak	-25.93%	-0.53%	-25.40%
Average Drawdown Average peak-to-trough decline	-38.35%	-3.23%	-35.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.06%	1.35%	+9.71%

Volatility

SEI vs. INCE - Volatility Comparison

Solaris Energy Infrastructure, Inc (SEI) has a higher volatility of 21.82% compared to Franklin Income Equity Focus ETF (INCE) at 2.36%. This indicates that SEI's price experiences larger fluctuations and is considered to be riskier than INCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEI	INCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.82%	2.36%	+19.46%
Volatility (6M) Calculated over the trailing 6-month period	52.56%	6.13%	+46.43%
Volatility (1Y) Calculated over the trailing 1-year period	74.80%	8.35%	+66.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.13%	13.27%	+53.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.41%	15.62%	+46.79%

Dividends

SEI vs. INCE - Dividend Comparison

SEI's dividend yield for the trailing twelve months is around 0.78%, less than INCE's 4.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
INCE Franklin Income Equity Focus ETF	4.74%	4.71%	3.25%	1.75%	1.68%	1.41%	1.40%	1.31%	1.55%	1.44%	0.50%
SEI Solaris Energy Infrastructure, Inc	0.78%	1.04%	1.67%	5.65%	4.23%	6.41%	5.16%	2.89%	0.83%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SEI and INCE in my portfolio?

SEI and INCE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEI or INCE?

SEI has higher volatility (21.82%) compared to INCE (2.36%). In terms of maximum drawdown, SEI dropped -79.49% vs INCE's -33.95%.

Which has better risk-adjusted returns?

INCE currently has the higher Sharpe Ratio (2.64 vs 1.45), 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.