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INCM vs IYLD

Franklin Income Focus ETF vs iShares Morningstar Multi-Asset Income ETF

INCM

Franklin Income Focus ETF

Franklin Templeton Investments

Annual cost

0.38%

Fund size

$1.5B

IYLD

iShares Morningstar Multi-Asset Income ETF

iShares

Annual cost

0.50%

Fund size

$129M

Key differences

  • INCM costs 0.12% less per year.
  • INCM is significantly larger than IYLD — larger funds tend to be more liquid and less likely to close.
  • INCM is classified as alternative, while IYLD is mixed asset — different risk/return profiles.
  • INCM follows a multi strategy strategy; IYLD uses active selection.
  • IYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

INCMIYLD
Annual cost (TER)0.38%0.50%
Fund size (AUM)$1.5B$129M
Since20232012
Dividend yield5.04%4.55%
Asset classalternativemixed asset
Regionemerging markets
Strategymulti strategyactive selection
CAGR 1Y+17.4%+14.3%
CAGR 3YN/A+10.9%
CAGR 5YN/A+3.6%
Sharpe 3YN/A1.10
Volatility 1Y5.28%5.76%
Max drawdown-7.84%-30.23%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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