INCE vs EPHE

Comparison between FRANKLIN INCOME EQUITY FOCUS ETF (INCE, ETF) and ISHARES MSCI PHILIPPINES ETF (EPHE, ETF).

5-Year PerformanceINCE has outperformed EPHE, delivering a return of +11.2% compared to -3.0%

INCE vs EPHE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INCE(ETF)	EPHE(ETF)
Net Assets	$128M	$128M
Expense Ratio	0.29%	0.59%
Max Drawdown	34.12%	55.83%
Sharpe Ratio	2.32	-0.59
5Y Beta	0.55	0.49
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%	22.85%
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

EPHE

$128M

Expense Ratio

Winner

INCE

0.29%

EPHE

0.59%

Max Drawdown

Winner

INCE

34.12%

EPHE

55.83%

Sharpe Ratio

Winner

INCE

2.32

EPHE

-0.59

5Y Beta

INCE

0.55

Winner

EPHE

0.49

P/E Ratio

INCE

22.25

EPHE

N/A

Forward P/E

INCE

18.03

EPHE

N/A

PEG Ratio

INCE

0.79

EPHE

N/A

5Y Dividends CAGR

Winner

INCE

40.37%

EPHE

22.85%

5Y EPS CAGR

INCE

2.67%

EPHE

N/A

Debt to Equity

INCE

-23.80%

EPHE

N/A

P/S Ratio

INCE

3.06

EPHE

N/A

P/B Ratio

INCE

3.86

EPHE

N/A

INCE vs EPHE - Historical Returns

Returns include dividend reinvestment.

Period	INCE	EPHE
1 month	+1.98%	+1.46%
3 months	+6.34%	-0.28%
6 months	+14.15%	+1.20%
1 year	+25.25%	-9.19%
5 years(CAGR)	+11.18%	-3.01%
10 years(CAGR)	+13.14%	-2.90%
Max(CAGR)	+13.14%	+1.11%

Winner

INCE

+1.98%

EPHE

+1.46%

Winner

INCE

+6.34%

EPHE

-0.28%

Winner

INCE

+14.15%

EPHE

+1.20%

Winner

INCE

+25.25%

EPHE

-9.19%

5Y(CAGR)

Winner

INCE

+11.18%

EPHE

-3.01%

10Y(CAGR)

Winner

INCE

+13.14%

EPHE

-2.90%

Max(CAGR)

Winner

INCE

+13.14%

EPHE

+1.11%

INCE vs EPHE - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	INCE	EPHE
2026	+13.12%	-1.19%
2025	+15.97%	+0.46%
2024	+10.95%	-1.65%
2023	+13.81%	-0.07%
2022	-8.25%	-14.92%
2021	+24.91%	-2.43%
2020	+11.83%	-3.77%
2019	+32.52%	+6.10%
2018	-2.03%	-18.15%
2017	+19.65%	+20.24%
2016	+1.37%	-2.25%
2015	N/A	-10.64%
2014	N/A	+24.29%
2013	N/A	-9.10%
2012	N/A	+45.22%
2011	N/A	-5.22%
2010	N/A	+0.02%

INCE vs EPHE Drawdown Comparison

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

The maximum drawdown for EPHE was -53.82%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current INCE drawdown is -0.15%. The current EPHE drawdown is -33.64%.

Rank	INCE	EPHE
#1	-33.95% Feb 14, 2020 - Sep 2, 2020	-53.82% Apr 10, 2015 - Mar 18, 2020
#2	-18.41% Dec 29, 2021 - Nov 30, 2023	-31.78% May 15, 2013 - Apr 2, 2015
#3	-15.95% Oct 2, 2018 - Mar 1, 2019	-22.95% Nov 4, 2010 - Feb 3, 2012
#4	-14.02% Nov 26, 2024 - Jun 30, 2025	-10.93% May 3, 2012 - Jul 2, 2012
#5	-7.73% Jan 26, 2018 - Jul 26, 2018	-7.07% Jul 3, 2012 - Sep 14, 2012
#6	-6.82% Oct 12, 2020 - Nov 9, 2020	-6.88% Mar 11, 2013 - Mar 27, 2013
#7	-6.62% Sep 2, 2020 - Oct 12, 2020	-4.29% Mar 19, 2012 - Apr 17, 2012
#8	-5.38% Mar 28, 2024 - Jun 24, 2024	-4.04% Feb 22, 2012 - Mar 2, 2012
#9	-5.07% Sep 2, 2021 - Oct 26, 2021	-3.99% Dec 11, 2012 - Jan 2, 2013
#10	-5.02% Jul 29, 2019 - Sep 5, 2019	-3.60% Mar 28, 2013 - Apr 22, 2013
#11	-4.90% Feb 27, 2026 - Apr 23, 2026	-3.40% Oct 7, 2010 - Oct 25, 2010
#12	-4.48% Sep 22, 2016 - Dec 20, 2016	-2.74% Mar 5, 2012 - Mar 8, 2012
#13	-4.24% Jan 8, 2021 - Mar 11, 2021	-2.71% Feb 8, 2012 - Feb 22, 2012
#14	-3.79% Jul 31, 2024 - Aug 16, 2024	-2.61% Oct 17, 2012 - Nov 6, 2012
#15	-3.60% Nov 16, 2021 - Dec 8, 2021	-2.50% Sep 14, 2012 - Oct 2, 2012

Correlation

Correlation between INCE and EPHE is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

-101

Dividend Comparison (2010 - 2026)

INCE vs EPHE dividend yield comparison.

Year	INCE	EPHE
2026	2.25%	0.00%
2025	4.71%	2.11%
2024	3.25%	2.32%
2023	1.75%	2.01%
2022	1.68%	1.73%
2021	1.41%	1.05%
2020	1.40%	0.72%
2019	1.31%	0.78%
2018	1.55%	0.45%
2017	1.44%	0.36%
2016	0.50%	0.71%
2015	0.00%	1.03%
2014	0.00%	0.97%
2013	0.00%	1.05%
2012	0.00%	0.77%
2011	0.00%	1.06%
2010	0.00%	0.06%