INCE vs KF
Franklin Income Equity Focus ETF vs The Korea Fund, Inc.
Quick Verdict
KF delivered stronger 1-year returns. KF offers more diversification with 49 holdings.
Side-by-Side Comparison
| Metric | INCE | KF | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | - | |
| AUM | $132M | $285M | |
| Dividend Yield | 4.82% | 1.57% | |
| Holdings | 82 | 52 | |
| YTD Return | +16.32% | +53.08% | |
| 1Y Return | +26.33% | +119.26% | |
| 3Y Return (annualized) | +16.81% | +40.32% | |
| 5Y Return (annualized) | +10.96% | +15.17% | |
| Volatility (annualized) | 13.8% | 43.4% | |
| Max Drawdown | -34.1% | -77.0% | |
| Fund Family | Franklin Templeton Investments (US) | The Korea Fund, Inc. (KF) | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2016 | Aug 29, 1984 |
INCE vs KF Performance
Franklin Income Equity Focus ETF (INCE) is a ETF from Franklin Templeton Investments (US) and The Korea Fund, Inc. (KF) is a ETF from The Korea Fund, Inc. (KF). Over the past year INCE returned +26.33% while KF returned +119.26%. Year to date, INCE is up 16.32% versus a gain of 53.08% for KF.
Over three years, INCE compounded at +16.81% per year against +40.32% for KF; over five years the annualized figures are +10.96% and +15.17% respectively. Across the full 10-year window we track, KF has the edge at +16.21% annualized vs +12.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KF has been the more volatile fund, with annualized monthly volatility of 43.4% 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 -34.1% for INCE and -77.0% for KF. 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
INCE and KF share 0 holdings out of 96 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, INCE or KF?
Over the past year INCE returned +26.33% vs +119.26% for KF, so KF leads on 1-year performance. Over the longest common window we track (10 years), INCE annualized +12.56% vs +16.21% for KF. Past performance does not guarantee future results.
Which is riskier, INCE or KF?
KF has been the more volatile fund at 43.4% annualized versus 13.8% for INCE. Worst drawdown: INCE -34.1% vs KF -77.0%.
Should I hold both INCE and KF?
INCE and KF have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INCE and KF?
INCE and KF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 96 unique securities.
Which pays a higher dividend, INCE or KF?
INCE yields 4.82% while KF yields 1.57%, so INCE currently pays the higher dividend yield.
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