FCVT vs INCE

Comparison between FIRST TRUST SSI STRATEGIC CONVERTIBLE SECURITIES ETF (FCVT, ETF) and FRANKLIN INCOME EQUITY FOCUS ETF (INCE, ETF).

5-Year PerformanceINCE has outperformed FCVT, delivering a return of +11.0% compared to +6.7%

FCVT vs INCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCVT(ETF)	INCE(ETF)
Net Assets	$117M	$117M
Expense Ratio	0.95%	0.29%
Max Drawdown	47.09%	34.12%
Sharpe Ratio	1.91	2.40
5Y Beta	0.66	0.55
P/E Ratio	N/A	22.30
Forward P/E	N/A	18.01
PEG Ratio	N/A	0.77
5Y Dividends CAGR	-3.59%	40.37%
5Y EPS CAGR	N/A	2.81%
Debt to Equity	N/A	-23.80%
P/S Ratio	N/A	3.03
P/B Ratio	N/A	3.83

Net Assets

FCVT

$117M

Winner

INCE

$117M

Expense Ratio

FCVT

0.95%

Winner

INCE

0.29%

Max Drawdown

FCVT

47.09%

Winner

INCE

34.12%

Sharpe Ratio

FCVT

1.91

Winner

INCE

2.40

5Y Beta

FCVT

0.66

Winner

INCE

0.55

P/E Ratio

FCVT

N/A

INCE

22.30

Forward P/E

FCVT

N/A

INCE

18.01

PEG Ratio

FCVT

N/A

INCE

0.77

5Y Dividends CAGR

FCVT

-3.59%

Winner

INCE

40.37%

5Y EPS CAGR

FCVT

N/A

INCE

2.81%

Debt to Equity

FCVT

N/A

INCE

-23.80%

P/S Ratio

FCVT

N/A

INCE

3.03

P/B Ratio

FCVT

N/A

INCE

3.83

FCVT vs INCE - Historical Returns

Returns include dividend reinvestment.

Period	FCVT	INCE
1 month	+1.61%	+0.70%
3 months	+14.99%	+4.00%
6 months	+19.16%	+13.84%
1 year	+40.54%	+26.55%
5 years(CAGR)	+6.69%	+10.98%
10 years(CAGR)	+11.90%	+13.03%
Max(CAGR)	+11.17%	+13.03%

Winner

FCVT

+1.61%

INCE

+0.70%

Winner

FCVT

+14.99%

INCE

+4.00%

Winner

FCVT

+19.16%

INCE

+13.84%

Winner

FCVT

+40.54%

INCE

+26.55%

5Y(CAGR)

FCVT

+6.69%

Winner

INCE

+10.98%

10Y(CAGR)

FCVT

+11.90%

Winner

INCE

+13.03%

Max(CAGR)

FCVT

+11.17%

Winner

INCE

+13.03%

FCVT vs INCE - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	FCVT	INCE
2026	+18.58%	+11.83%
2025	+20.22%	+15.97%
2024	+13.11%	+10.95%
2023	+7.56%	+13.81%
2022	-20.95%	-8.25%
2021	+4.81%	+24.91%
2020	+49.75%	+11.83%
2019	+22.39%	+32.52%
2018	-2.62%	-2.03%
2017	+13.40%	+19.65%
2016	+8.21%	+1.37%
2015	-1.96%	N/A

FCVT vs INCE Drawdown Comparison

The maximum drawdown for FCVT was -31.85%, occurring on Oct 27, 2023. Recovery took 1149 trading sessions.

The maximum drawdown for INCE was -33.95%, occurring on Mar 23, 2020. Recovery took 139 trading sessions.

The current FCVT drawdown is -5.10%. The current INCE drawdown is -1.28%.

Rank	FCVT	INCE
#1	-31.85% Feb 12, 2021 - Sep 11, 2025	-33.95% Feb 14, 2020 - Sep 2, 2020
#2	-29.90% Feb 19, 2020 - Jun 8, 2020	-18.41% Dec 29, 2021 - Nov 30, 2023
#3	-20.07% Apr 20, 2016 - Oct 5, 2017	-15.95% Oct 2, 2018 - Mar 1, 2019
#4	-14.24% Sep 4, 2018 - Mar 21, 2019	-14.02% Nov 26, 2024 - Jun 30, 2025
#5	-12.97% Nov 17, 2015 - Apr 20, 2016	-7.73% Jan 26, 2018 - Jul 26, 2018
#6	-8.47% Jan 28, 2026 - Apr 9, 2026	-6.82% Oct 12, 2020 - Nov 9, 2020
#7	-8.16% Sep 1, 2020 - Oct 12, 2020	-6.62% Sep 2, 2020 - Oct 12, 2020
#8	-7.44% Nov 3, 2025 - Jan 6, 2026	-5.38% Mar 28, 2024 - Jun 24, 2024
#9	-6.84% Jan 23, 2018 - Mar 9, 2018	-5.07% Sep 2, 2021 - Oct 26, 2021
#10	-5.10% Jun 2, 2026 - Jun 5, 2026	-5.02% Jul 29, 2019 - Sep 5, 2019
#11	-5.09% Oct 13, 2020 - Nov 5, 2020	-4.90% Feb 27, 2026 - Apr 23, 2026
#12	-4.97% Mar 12, 2018 - May 30, 2018	-4.48% Sep 22, 2016 - Dec 20, 2016
#13	-4.70% Jun 8, 2020 - Jun 22, 2020	-4.24% Jan 8, 2021 - Mar 11, 2021
#14	-4.69% Jan 20, 2021 - Feb 4, 2021	-3.79% Jul 31, 2024 - Aug 16, 2024
#15	-4.57% Jul 26, 2019 - Nov 19, 2019	-3.60% Nov 16, 2021 - Dec 8, 2021

Correlation

Correlation between FCVT and INCE is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2015 - 2026)

FCVT vs INCE dividend yield comparison.

Year	FCVT	INCE
2026	0.44%	2.28%
2025	1.98%	4.71%
2024	1.30%	3.25%
2023	1.76%	1.75%
2022	3.71%	1.68%
2021	23.07%	1.41%
2020	1.72%	1.40%
2019	1.60%	1.31%
2018	1.85%	1.55%
2017	2.18%	1.44%
2016	1.88%	0.50%
2015	0.59%	0.00%