HCOM vs INCE

Quick Verdict

INCE has a lower expense ratio. INCE delivered stronger 1-year returns. HCOM offers more diversification with 55 holdings.

Lower Fees: INCEHigher Returns: INCEMore Diversified: HCOM

Side-by-Side Comparison

MetricHCOMINCEWinner
Expense Ratio0.59%0.29%
AUM$9M$132M
Dividend Yield10.95%4.82%
Holdings5582
YTD Return+0.71%+15.94%
1Y Return-4.90%+26.30%
3Y Return (annualized)-6.95%+16.63%
5Y Return (annualized)-+10.93%
Volatility (annualized)14.7%13.8%
Max Drawdown-28.8%-34.1%
Fund FamilyHartford FundsFranklin Templeton Investments (US)
CategoryCommodityEquity
InceptionSep 14, 2021Sep 20, 2016

HCOM vs INCE Performance

Hartford Schroders Commodity Strategy ETF (HCOM) is a ETF from Hartford Funds and Franklin Income Equity Focus ETF (INCE) is a ETF from Franklin Templeton Investments (US). Over the past year HCOM returned -4.90% while INCE returned +26.30%. Year to date, HCOM is up 0.71% versus a gain of 15.94% for INCE.

Over three years, HCOM compounded at -6.95% per year against +16.63% for INCE. Across the full 4-year window we track, INCE has the edge at +12.53% annualized vs +0.68%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HCOM has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -28.8% for HCOM 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 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HCOM charges 0.59% per year while INCE charges 0.29%. On a $10,000 position that is $59 vs $29 annually, a gap of $30 per year that compounds over a long holding period. On income, HCOM currently yields 10.95% against 4.82% for INCE.

Frequently Asked Questions

Which is cheaper, HCOM or INCE?

HCOM has an expense ratio of 0.59% while INCE charges 0.29%. INCE is the cheaper option. On a $10,000 investment, that is $30 per year of difference.

Which performed better, HCOM or INCE?

Over the past year HCOM returned -4.90% vs +26.30% for INCE, so INCE leads on 1-year performance. Over the longest common window we track (4 years), HCOM annualized +0.68% vs +12.53% for INCE. Past performance does not guarantee future results.

Which is riskier, HCOM or INCE?

HCOM has been the more volatile fund at 14.7% annualized versus 13.8% for INCE. Worst drawdown: HCOM -28.8% vs INCE -34.1%.

Should I hold both HCOM and INCE?

HCOM and INCE have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, HCOM or INCE?

HCOM yields 10.95% while INCE yields 4.82%, so HCOM currently pays the higher dividend yield.

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