Skip to content
Beacon
Screener

INCM vs MDIV

Franklin Income Focus ETF vs Multi-Asset Diversified Income Index Fund

INCM

Franklin Income Focus ETF

Franklin Templeton Investments

Annual cost

0.38%

Fund size

$1.5B

MDIV

Multi-Asset Diversified Income Index Fund

First Trust

Annual cost

0.71%

Fund size

$417M

Key differences

  • INCM costs 0.33% less per year.
  • INCM is significantly larger than MDIV — larger funds tend to be more liquid and less likely to close.
  • INCM is classified as alternative, while MDIV is mixed asset — different risk/return profiles.
  • INCM follows a multi strategy strategy; MDIV uses index tracking.
  • MDIV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

INCMMDIV
Annual cost (TER)0.38%0.71%
Fund size (AUM)$1.5B$417M
Since20232012
Dividend yield5.04%6.13%
Asset classalternativemixed asset
Regionemerging markets
Strategymulti strategyindex tracking
CAGR 1Y+17.4%+13.4%
CAGR 3YN/A+12.3%
CAGR 5YN/A+6.4%
Sharpe 3YN/A0.94
Volatility 1Y5.28%6.70%
Max drawdown-7.84%-48.50%

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

Similar to INCM and MDIV