INCEFranklin Income Equity Focus ETF
Seeks income and capital appreciation with an emphasis on lower volatility.
By Franklin Templeton Investments · Launched 2016
0.29%
#1,304 of 5,861 · low cost
$126M
#2,786 of 5,861 · mid-size
4.82%
9 years
#1,451 of 5,861 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 29.2% of fund✓ well diversified
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks income and capital appreciation with an emphasis on lower volatility.
- Strategy
- Invests primarily in equity securities, including common and preferred stocks, and equity-related instruments. Aims for lower volatility than the broader equity market while seeking attractive dividend yields and capital appreciation.
- Inception date
- September 20, 2016
- Fund family
- Franklin Templeton Investments
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04