AVSE vs INCE
AVSE vs INCE
Avantis Responsible Emerging Markets Equity ETF vs Franklin Income Equity Focus ETF
Quick Verdict
INCE has a lower expense ratio. AVSE delivered stronger 1-year returns. AVSE offers more diversification with 1526 holdings.
Side-by-Side Comparison
| Metric | AVSE | INCE | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.29% | |
| AUM | $210M | $132M | |
| Dividend Yield | 1.27% | 4.82% | |
| Holdings | 4,803 | 82 | |
| YTD Return | +17.09% | +15.94% | |
| 1Y Return | +32.20% | +26.30% | |
| 3Y Return (annualized) | +21.99% | +16.63% | |
| 5Y Return (annualized) | - | +10.93% | |
| Volatility (annualized) | 18.3% | 13.8% | |
| Max Drawdown | -26.3% | -34.1% | |
| Fund Family | Avantis Investors | Franklin Templeton Investments (US) | |
| Category | Equity | Equity | |
| Inception | Mar 28, 2022 | Sep 20, 2016 |
AVSE vs INCE Performance
Avantis Responsible Emerging Markets Equity ETF (AVSE) is a ETF from Avantis Investors and Franklin Income Equity Focus ETF (INCE) is a ETF from Franklin Templeton Investments (US). Over the past year AVSE returned +32.20% while INCE returned +26.30%. Year to date, AVSE is up 17.09% versus a gain of 15.94% for INCE.
Over three years, AVSE compounded at +21.99% per year against +16.63% for INCE. Across the full 4-year window we track, AVSE has the edge at +13.25% annualized vs +12.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVSE has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 13.8% for INCE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.3% for AVSE and -34.1% for INCE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVSE charges 0.33% per year while INCE charges 0.29%. On a $10,000 position that is $33 vs $29 annually, a gap of $4 per year that compounds over a long holding period. On income, AVSE currently yields 1.27% against 4.82% for INCE.
Holdings Overlap
AVSE and INCE share 0 holdings out of 1573 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVSE or INCE?
AVSE has an expense ratio of 0.33% while INCE charges 0.29%. INCE is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, AVSE or INCE?
Over the past year AVSE returned +32.20% vs +26.30% for INCE, so AVSE leads on 1-year performance. Over the longest common window we track (4 years), AVSE annualized +13.25% vs +12.53% for INCE. Past performance does not guarantee future results.
Which is riskier, AVSE or INCE?
AVSE has been the more volatile fund at 18.3% annualized versus 13.8% for INCE. Worst drawdown: AVSE -26.3% vs INCE -34.1%.
Should I hold both AVSE and INCE?
AVSE and INCE have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVSE and INCE?
AVSE and INCE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1573 unique securities.
Which pays a higher dividend, AVSE or INCE?
AVSE yields 1.27% while INCE yields 4.82%, so INCE currently pays the higher dividend yield.
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