INCE vs PATN
Franklin Income Equity Focus ETF vs Pacer Nasdaq International Patent Leaders ETF
Quick Verdict
INCE has a lower expense ratio. PATN delivered stronger 1-year returns. PATN offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | INCE | PATN | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.65% | |
| AUM | $282M | $234M | |
| Dividend Yield | 4.86% | 1.67% | |
| Holdings | 97 | 108 | |
| YTD Return | +16.64% | +30.11% | |
| 1Y Return | +23.49% | +51.30% | |
| 3Y Return (annualized) | +17.60% | - | |
| 5Y Return (annualized) | +10.71% | - | |
| Volatility (annualized) | 13.8% | 21.1% | |
| Max Drawdown | -34.1% | -16.8% | |
| Fund Family | Franklin Templeton Investments (US) | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2016 | Sep 16, 2024 |
INCE vs PATN Performance
Franklin Income Equity Focus ETF (INCE) is a ETF from Franklin Templeton Investments (US) and Pacer Nasdaq International Patent Leaders ETF (PATN) is a ETF from Pacer ETFs. Over the past year INCE returned +23.49% while PATN returned +51.30%. Year to date, INCE is up 16.64% versus a gain of 30.11% for PATN.
Risk: Volatility and Drawdowns
PATN has been the more volatile fund, with annualized monthly volatility of 21.1% 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 -16.8% for PATN. 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INCE charges 0.29% per year while PATN charges 0.65%. On a $10,000 position that is $29 vs $65 annually, a gap of $36 per year that compounds over a long holding period. On income, INCE currently yields 4.86% against 1.67% for PATN.
Holdings Overlap
INCE and PATN share 0 holdings out of 160 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, INCE or PATN?
INCE has an expense ratio of 0.29% while PATN charges 0.65%. INCE is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, INCE or PATN?
Over the past year INCE returned +23.49% vs +51.30% for PATN, so PATN leads on 1-year performance. Over the longest common window we track (2 years), INCE annualized +12.55% vs +37.49% for PATN. Past performance does not guarantee future results.
Which is riskier, INCE or PATN?
PATN has been the more volatile fund at 21.1% annualized versus 13.8% for INCE. Worst drawdown: INCE -34.1% vs PATN -16.8%.
Should I hold both INCE and PATN?
INCE and PATN have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INCE and PATN?
INCE and PATN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, INCE or PATN?
INCE yields 4.86% while PATN yields 1.67%, so INCE currently pays the higher dividend yield.
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