INCE vs BSSX

Comparison between FRANKLIN INCOME EQUITY FOCUS ETF (INCE, ETF) and Invesco BulletShares 2033 Municipal Bond ETF (BSSX, ETF).

INCE vs BSSX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INCE(ETF)	BSSX(ETF)
Net Assets	$128M	$128M
Expense Ratio	0.29%	0.18%
Max Drawdown	34.12%	11.28%
Sharpe Ratio	2.32	0.93
5Y Beta	0.55	0.01
P/E Ratio	22.25	N/A
Forward P/E	18.03	N/A
PEG Ratio	0.79	N/A
5Y Dividends CAGR	40.37%	N/A
5Y EPS CAGR	2.67%	N/A
Debt to Equity	-23.80%	N/A
P/S Ratio	3.06	N/A
P/B Ratio	3.86	N/A

Net Assets

Winner

INCE

$128M

BSSX

$128M

Expense Ratio

INCE

0.29%

Winner

BSSX

0.18%

Max Drawdown

INCE

34.12%

Winner

BSSX

11.28%

Sharpe Ratio

Winner

INCE

2.32

BSSX

0.93

5Y Beta

INCE

0.55

Winner

BSSX

0.01

P/E Ratio

INCE

22.25

BSSX

N/A

Forward P/E

INCE

18.03

BSSX

N/A

PEG Ratio

INCE

0.79

BSSX

N/A

5Y Dividends CAGR

INCE

40.37%

BSSX

N/A

5Y EPS CAGR

INCE

2.67%

BSSX

N/A

Debt to Equity

INCE

-23.80%

BSSX

N/A

P/S Ratio

INCE

3.06

BSSX

N/A

P/B Ratio

INCE

3.86

BSSX

N/A

INCE vs BSSX - Historical Returns

Returns include dividend reinvestment.

Period	INCE	BSSX
1 month	+1.98%	+0.34%
3 months	+6.34%	+1.00%
6 months	+14.15%	+1.72%
1 year	+25.25%	+6.92%
5 years(CAGR)	+11.18%	N/A
10 years(CAGR)	+13.14%	N/A
Max(CAGR)	+13.14%	+4.45%

Winner

INCE

+1.98%

BSSX

+0.34%

Winner

INCE

+6.34%

BSSX

+1.00%

Winner

INCE

+14.15%

BSSX

+1.72%

Winner

INCE

+25.25%

BSSX

+6.92%

5Y(CAGR)

INCE

+11.18%

BSSX

N/A

10Y(CAGR)

INCE

+13.14%

BSSX

N/A

Max(CAGR)

Winner

INCE

+13.14%

BSSX

+4.45%

INCE vs BSSX - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	INCE	BSSX
2026	+13.12%	+1.02%
2025	+15.97%	+3.59%
2024	+10.95%	+0.25%
2023	+13.81%	+7.51%
2022	-8.25%	N/A
2021	+24.91%	N/A
2020	+11.83%	N/A
2019	+32.52%	N/A
2018	-2.03%	N/A
2017	+19.65%	N/A
2016	+1.37%	N/A

INCE vs BSSX Drawdown Comparison

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

The maximum drawdown for BSSX was -8.12%, occurring on Apr 11, 2025. Recovery took 472 trading sessions.

The current INCE drawdown is -0.15%. The current BSSX drawdown is -1.02%.

Rank	INCE	BSSX
#1	-33.95% Feb 14, 2020 - Sep 2, 2020	-8.12% Feb 22, 2024 - Jan 9, 2026
#2	-18.41% Dec 29, 2021 - Nov 30, 2023	-4.25% Nov 17, 2023 - Dec 14, 2023
#3	-15.95% Oct 2, 2018 - Mar 1, 2019	-4.04% Sep 20, 2023 - Nov 14, 2023
#4	-14.02% Nov 26, 2024 - Jun 30, 2025	-3.28% Feb 26, 2026 - Mar 27, 2026
#5	-7.73% Jan 26, 2018 - Jul 26, 2018	-1.98% Feb 1, 2024 - Feb 22, 2024
#6	-6.82% Oct 12, 2020 - Nov 9, 2020	-1.57% Jan 12, 2024 - Feb 1, 2024
#7	-6.62% Sep 2, 2020 - Oct 12, 2020	-0.51% Dec 29, 2023 - Jan 9, 2024
#8	-5.38% Mar 28, 2024 - Jun 24, 2024	-0.46% Jan 9, 2024 - Jan 12, 2024
#9	-5.07% Sep 2, 2021 - Oct 26, 2021	-0.42% Jan 14, 2026 - Feb 3, 2026
#10	-5.02% Jul 29, 2019 - Sep 5, 2019	-0.24% Nov 14, 2023 - Nov 16, 2023
#11	-4.90% Feb 27, 2026 - Apr 23, 2026	-0.18% Dec 15, 2023 - Dec 19, 2023
#12	-4.48% Sep 22, 2016 - Dec 20, 2016	-0.11% Dec 21, 2023 - Dec 27, 2023
#13	-4.24% Jan 8, 2021 - Mar 11, 2021	-0.09% Dec 27, 2023 - Dec 29, 2023
#14	-3.79% Jul 31, 2024 - Aug 16, 2024	-0.08% Dec 19, 2023 - Dec 21, 2023
#15	-3.60% Nov 16, 2021 - Dec 8, 2021	-0.06% Feb 11, 2026 - Feb 13, 2026

Correlation

Correlation between INCE and BSSX is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2016 - 2026)

INCE vs BSSX dividend yield comparison.

Year	INCE	BSSX
2026	2.25%	1.36%
2025	4.71%	3.27%
2024	3.25%	3.29%
2023	1.75%	0.95%
2022	1.68%	0.00%
2021	1.41%	0.00%
2020	1.40%	0.00%
2019	1.31%	0.00%
2018	1.55%	0.00%
2017	1.44%	0.00%
2016	0.50%	0.00%