INCM vs VXUS
Franklin Income Focus ETF vs Vanguard Total International Stock ETF
Which is better, INCM or VXUS?
Allocation/Balanced against Large Cap Blend.
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | INCM | VXUS |
|---|---|---|
| Expense Ratio | 0.38% | 0.05%Best |
| AUM | $2.0B | $163.2B |
| Dividend Yield | 5.26% | 2.38% |
| Holdings | 488 | 9,293 |
| YTD Return | +7.82% | +8.79%Best |
| 1Y Return | +10.45% | +12.87%Best |
| 3Y Return (annualized) | +12.25% | +18.94%Best |
| 5Y Return (annualized) | - | +8.11% |
| Volatility (annualized) | 7.4%Best | 12.3% |
| Max Drawdown | -7.8%Best | -13.6% |
| $10,000 over 3.4 years | $13,844 | $16,265Best |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Jun 6, 2023 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Jun 8, 2023 to Nov 10, 2026 (3.4 years).
INCM vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
INCM vs VXUS Performance
Franklin Income Focus ETF (INCM) is an ETF from Franklin Templeton Investments (US) and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year INCM returned +10.45% while VXUS returned +12.87%. Year to date, INCM is up 7.82% versus a gain of 8.79% for VXUS.
Over three years, INCM compounded at +12.25% per year against +18.94% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 7.4% for INCM. 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 -7.8% for INCM and -13.6% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
INCM charges 0.38% per year while VXUS charges 0.05%. On a $10,000 position that is $38 vs $5 annually, a gap of $33 per year that compounds over a long holding period. On income, INCM currently yields 5.26% against 2.38% for VXUS.
Holdings Overlap
At least 18.2% of INCM's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 89.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
INCM and VXUS share little of their money.
14 positions in common, counted across the 81 positions we hold weights for in INCM and 8,463 in VXUS, against full books of 488 and 9,293.
Top Shared Holdings
| Stock | Weight in INCM | Weight in VXUS | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 6.28% | 4.24% | 2.04% |
| CLS:CACelestica Inc | 4.58% | 0.10% | 4.48% |
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 1.59% | 1.65% | 0.06% |
| 005930:KRSamsung Electronics (Equity) | 1.03% | 2.02% | 0.99% |
| 6857:JPAdvantest Corp | 0.59% | 0.36% | 0.23% |
| 009150:KRSamsung Electro-Mechanics Co L | 0.61% | 0.14% | 0.47% |
| 6981:JPMurata Manufacturing Co. Ltd. Com Stk | 0.56% | 0.19% | 0.37% |
| ESLT:ILElbit Systems Ltd | 0.65% | 0.04% | 0.61% |
| 7741:JPHoya Corp Common Stock | 0.57% | 0.11% | 0.46% |
| CCO:CACameco Corporation Com Npv | 0.57% | 0.08% | 0.49% |
You are not choosing between two funds in isolation.
Whichever of INCM and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, INCM or VXUS?
INCM has an expense ratio of 0.38% while VXUS charges 0.05%. VXUS is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, INCM or VXUS?
Over the past year INCM returned +10.45% vs +12.87% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INCM or VXUS?
VXUS has been the more volatile fund at 12.3% annualized versus 7.4% for INCM. Worst drawdown: INCM -7.8% vs VXUS -13.6%.
Should I hold both INCM and VXUS?
INCM and VXUS have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between INCM and VXUS?
At least 18.2% of INCM's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 14 positions in common, counted across the 81 positions we hold weights for in INCM and 8,463 in VXUS.
Which pays a higher dividend, INCM or VXUS?
INCM yields 5.26% while VXUS yields 2.38%, so INCM currently pays the higher dividend yield.
Is VXUS better than INCM?
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.