INCM vs FEX

Comparison between Franklin Income Focus ETF (INCM, ETF) and First Trust Large Cap Core AlphaDEX Fund (FEX, ETF).

INCM vs FEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INCM(ETF)	FEX(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.38%	0.57%
Max Drawdown	8.94%	59.67%
Sharpe Ratio	1.94	1.69
5Y Beta	0.32	0.86
P/E Ratio	N/A	20.73
Forward P/E	N/A	16.62
PEG Ratio	N/A	0.17
5Y Dividends CAGR	N/A	10.45%
5Y EPS CAGR	N/A	15.16%
Debt to Equity	N/A	57.37%
P/S Ratio	N/A	1.92
P/B Ratio	N/A	2.92

Net Assets

INCM

$1.50B

FEX

$1.50B

Expense Ratio

Winner

INCM

0.38%

FEX

0.57%

Max Drawdown

Winner

INCM

8.94%

FEX

59.67%

Sharpe Ratio

Winner

INCM

1.94

FEX

1.69

5Y Beta

Winner

INCM

0.32

FEX

0.86

P/E Ratio

INCM

N/A

FEX

20.73

Forward P/E

INCM

N/A

FEX

16.62

PEG Ratio

INCM

N/A

FEX

0.17

5Y Dividends CAGR

INCM

N/A

FEX

10.45%

5Y EPS CAGR

INCM

N/A

FEX

15.16%

Debt to Equity

INCM

N/A

FEX

57.37%

P/S Ratio

INCM

N/A

FEX

1.92

P/B Ratio

INCM

N/A

FEX

2.92

INCM vs FEX - Historical Returns

Returns include dividend reinvestment.

Period	INCM	FEX
1 month	-0.53%	+2.46%
3 months	+1.00%	+7.42%
6 months	+6.50%	+13.27%
1 year	+15.12%	+27.61%
5 years(CAGR)	N/A	+10.71%
10 years(CAGR)	N/A	+12.87%
Max(CAGR)	+10.61%	+9.56%

INCM

-0.53%

Winner

FEX

+2.46%

INCM

+1.00%

Winner

FEX

+7.42%

INCM

+6.50%

Winner

FEX

+13.27%

INCM

+15.12%

Winner

FEX

+27.61%

5Y(CAGR)

INCM

N/A

FEX

+10.71%

10Y(CAGR)

INCM

N/A

FEX

+12.87%

Max(CAGR)

Winner

INCM

+10.61%

FEX

+9.56%

INCM vs FEX - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	INCM	FEX
2026	+5.52%	+11.85%
2025	+12.81%	+14.88%
2024	+6.50%	+17.28%
2023	+5.77%	+14.99%
2022	N/A	-11.35%
2021	N/A	+28.75%
2020	N/A	+13.71%
2019	N/A	+26.87%
2018	N/A	-10.52%
2017	N/A	+20.59%
2016	N/A	+15.75%
2015	N/A	-3.92%
2014	N/A	+13.46%
2013	N/A	+32.85%
2012	N/A	+13.91%
2011	N/A	-1.50%
2010	N/A	+18.94%
2009	N/A	+32.21%
2008	N/A	-37.71%
2007	N/A	-5.39%

INCM vs FEX Drawdown Comparison

The maximum drawdown for INCM was -7.84%, occurring on Apr 8, 2025. Recovery took 69 trading sessions.

The maximum drawdown for FEX was -58.81%, occurring on Mar 6, 2009. Recovery took 908 trading sessions.

The current INCM drawdown is -1.26%. The current FEX drawdown is -2.24%.

Rank	INCM	FEX
#1	-7.84% Feb 28, 2025 - Jun 9, 2025	-58.81% Jul 13, 2007 - Feb 17, 2011
#2	-6.74% Jul 24, 2023 - Dec 1, 2023	-39.51% Feb 19, 2020 - Oct 12, 2020
#3	-3.91% Nov 29, 2024 - Feb 19, 2025	-21.98% Sep 20, 2018 - Jul 12, 2019
#4	-3.19% Feb 27, 2026 - Apr 17, 2026	-21.97% Apr 29, 2011 - Mar 13, 2012
#5	-3.03% Mar 28, 2024 - May 15, 2024	-21.27% Nov 16, 2021 - Dec 14, 2023
#6	-2.51% Jan 22, 2024 - Mar 11, 2024	-19.58% Nov 29, 2024 - Jul 22, 2025
#7	-2.30% Jan 16, 2024 - Jan 22, 2024	-18.22% May 21, 2015 - Jul 22, 2016
#8	-1.96% Jul 31, 2024 - Aug 15, 2024	-12.31% Mar 26, 2012 - Sep 13, 2012
#9	-1.75% Oct 16, 2024 - Nov 27, 2024	-9.96% Jan 26, 2018 - Aug 27, 2018
#10	-1.66% Oct 27, 2025 - Nov 12, 2025	-9.11% Sep 5, 2014 - Nov 11, 2014
#11	-1.30% May 15, 2024 - Jun 5, 2024	-7.50% Jul 24, 2019 - Nov 7, 2019
#12	-1.26% May 29, 2026 - Jun 5, 2026	-6.89% Sep 14, 2012 - Dec 18, 2012
#13	-1.22% Nov 12, 2025 - Nov 25, 2025	-6.59% Jul 16, 2024 - Aug 23, 2024
#14	-1.14% Jun 15, 2023 - Jul 12, 2023	-6.23% Feb 20, 2026 - Apr 13, 2026
#15	-1.09% Jul 17, 2024 - Jul 30, 2024	-6.19% Dec 31, 2013 - Feb 20, 2014

Correlation

Correlation between INCM and FEX is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2007 - 2026)

INCM vs FEX dividend yield comparison.

Year	INCM	FEX
2026	2.27%	0.22%
2025	4.96%	1.10%
2024	5.06%	1.18%
2023	3.01%	1.38%
2022	0.00%	1.61%
2021	0.00%	0.80%
2020	0.00%	1.21%
2019	0.00%	1.32%
2018	0.00%	1.34%
2017	0.00%	1.07%
2016	0.00%	1.29%
2015	0.00%	1.33%
2014	0.00%	1.30%
2013	0.00%	1.02%
2012	0.00%	2.36%
2011	0.00%	1.09%
2010	0.00%	0.89%
2009	0.00%	0.89%
2008	0.00%	1.70%
2007	0.00%	0.58%