V60A.DE vs. INCM

Last updated Jun 26, 2026

V60A.DE (Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating) and INCM (Franklin Income Focus ETF) are both exchange-traded funds - V60A.DE is a Global Allocation fund tracking the Blended Index (60% Equity / 40% Bonds), while INCM is a Diversified Portfolio fund actively managed by Franklin Templeton. V60A.DE is passively managed, while INCM is actively managed. Over the past 3 years, V60A.DE returned 11.92%/yr vs 9.23%/yr for INCM. At a 0.40 correlation, their price movements are largely independent. V60A.DE charges 0.25%/yr vs 0.38%/yr for INCM.

Performance

V60A.DE vs. INCM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating (V60A.DE) and Franklin Income Focus ETF (INCM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

V60A.DE is traded in EUR, while INCM is traded in USD. To make them comparable, the INCM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, V60A.DE achieves a 8.07% return, which is significantly lower than INCM's 9.75% return.

V60A.DE

• 1D: 0.38%
• 1M: 1.01%
• YTD: 8.07%
• 6M: 8.38%
• 1Y: 17.22%
• 3Y*: 11.92%
• 5Y*: 6.30%
• 10Y*: —

INCM

• 1D: -0.17%
• 1M: 1.99%
• YTD: 9.75%
• 6M: 9.66%
• 1Y: 16.95%
• 3Y*: 9.23%
• 5Y*: —
• 10Y*: —

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

V60A.DE vs. INCM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
V60A.DE Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating	8.07%	7.04%	14.27%	5.55%
INCM Franklin Income Focus ETF	9.75%	-0.35%	13.85%	3.35%

Correlation

The correlation between V60A.DE and INCM is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 8, 2023	0.40

The correlation between V60A.DE and INCM shifts across timeframes, from 0.29 (1 year) to 0.41 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

V60A.DE vs. INCM — Risk / Return Rank

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

V60A.DE

V60A.DE Risk / Return Rank: 76
V60A.DE Sharpe Ratio Rank: 76
V60A.DE Sortino Ratio Rank: 76
V60A.DE Omega Ratio Rank: 80
V60A.DE Calmar Ratio Rank: 70
V60A.DE Martin Ratio Rank: 80

INCM

INCM Risk / Return Rank: 89
INCM Sharpe Ratio Rank: 89
INCM Sortino Ratio Rank: 90
INCM Omega Ratio Rank: 89
INCM Calmar Ratio Rank: 88
INCM Martin Ratio Rank: 91

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.

V60A.DE vs. INCM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating (V60A.DE) and Franklin Income Focus ETF (INCM). 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.

	V60A.DE	INCM	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.56	-0.46
Sortino ratio: Return per unit of downside risk	2.95	3.64	-0.69
Omega ratio: Gain probability vs. loss probability	1.41	1.50	-0.08
Calmar ratio: Return relative to maximum drawdown	3.06	6.06	-3.01
Martin ratio: Return relative to average drawdown	13.67	19.58	-5.91

V60A.DE vs. INCM - Sharpe Ratio Comparison

The current V60A.DE Sharpe Ratio is 2.11, which is comparable to the INCM Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of V60A.DE and INCM, 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

V60A.DE vs. INCM - Drawdown Comparison

The maximum V60A.DE drawdown since its inception was -15.27%, roughly equal to the maximum INCM drawdown of -15.01%. Use the drawdown chart below to compare losses from any high point for V60A.DE and INCM.

Drawdown Indicators

	V60A.DE	INCM	Difference
Max Drawdown Largest peak-to-trough decline	-15.27%	-15.01%	-0.26%
Max Drawdown (1Y) Largest decline over 1 year	-5.61%	-2.81%	-2.80%
Max Drawdown (3Y) Largest decline over 3 years	-13.15%	-15.01%	+1.86%
Max Drawdown (5Y) Largest decline over 5 years	-15.27%	—	—
Current Drawdown Current decline from peak	-0.73%	-0.17%	-0.56%
Average Drawdown Average peak-to-trough decline	-4.26%	-2.78%	-1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.26%	0.87%	+0.39%

Volatility

V60A.DE vs. INCM - Volatility Comparison

Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating (V60A.DE) has a higher volatility of 3.04% compared to Franklin Income Focus ETF (INCM) at 1.65%. This indicates that V60A.DE's price experiences larger fluctuations and is considered to be riskier than INCM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	V60A.DE	INCM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	1.65%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	6.36%	4.81%	+1.55%
Volatility (1Y) Calculated over the trailing 1-year period	8.18%	6.67%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.64%	9.00%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.42%	9.00%	+0.42%

V60A.DE vs. INCM - Expense Ratio Comparison

V60A.DE has a 0.25% expense ratio, which is lower than INCM's 0.38% expense ratio.

Dividends

V60A.DE vs. INCM - Dividend Comparison

V60A.DE has not paid dividends to shareholders, while INCM's dividend yield for the trailing twelve months is around 5.09%.

Position	TTM	2025	2024	2023
INCM Franklin Income Focus ETF	5.09%	4.96%	5.06%	3.01%
V60A.DE Vanguard LifeStrategy 60% Equity UCITS ETF EUR Accumulating	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both V60A.DE and INCM in my portfolio?

V60A.DE and INCM have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, V60A.DE or INCM?

On fees, V60A.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, V60A.DE or INCM?

V60A.DE is cheaper with a 0.25% expense ratio, compared with 0.38% for INCM.

What is the main difference between V60A.DE and INCM?

V60A.DE is categorized as Global Allocation, while INCM is Diversified Portfolio. They also come from different issuers: Vanguard and Franklin Templeton. Their fees differ too: 0.25% for V60A.DE and 0.38% for INCM.