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EFAA vs INCE

Invesco MSCI EAFE Income Advantage ETF vs Franklin Income Equity Focus ETF

EFAA

Invesco MSCI EAFE Income Advantage ETF

Annual cost

0.39%

Fund size

$505M

INCE

Franklin Income Equity Focus ETF

Annual cost

0.29%

Fund size

$128M

Key differences

Both EFAA and INCE are alternative ETFs. EFAA charges 0.39% a year and INCE 0.29%. The main difference: EFAA follows a index tracking strategy; INCE uses option income.

  • EFAA follows a index tracking strategy; INCE uses option income.
  • EFAA covers global markets excluding the US; INCE covers North America.
  • INCE costs 0.10% less per year.
  • EFAA is much larger than INCE. Larger funds are usually more liquid and less likely to close.
  • INCE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EFAAINCE
Annual cost (TER)0.39%0.29%
Fund size (AUM)$505M$128M
Since20242016
Dividend yield8.11%4.73%
Asset classalternativealternative
Regionglobal ex usnorth america
Strategyindex trackingoption income
CAGR 1Y+15.2%+24.0%
CAGR 3YN/A+16.8%
CAGR 5YN/A+11.0%
Sharpe 3YN/A1.13
Volatility 1Y12.19%8.34%
Max drawdown-11.97%-33.95%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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