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Franklin Income Focus ETF

INCM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 06 2023
Expense Ratio
0.38%
Type
Global Diversified
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$530,541
AUM
$97,960,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Cash & Cash Equivalents
3.55%
n/a
US TREASURY N/B
3.19%
n/a
US TREASURY N/B
2.40%
CVX
Chevron Corp.
2.16%
WFC
Wells Fargo & Co.
2.05%
RY
Royal Bank Of Canada
2.01%
RY
Royal Bank Of Canada
1.98%
UBS
UBS Group AG - Registered Shares
1.54%
BAC5599679
BOFA FINANCE LLC
1.54%
n/a
CITIGROUP GLOBAL MARKETS
1.54%
Invest with INCM

What is INCM?

The fund is a Multi-asset strategy that invests in a diversified portfolio of debt and equity securities using income generating strategies. Flexible and dynamic active ETF, which may shift its investments from one asset class to another based on the investment manager's analysis of the best opportunities for the Fund's portfolio in a given market.

ETFs related toINCM

ETFs correlated to INCM include GAUG, XAUG, LGRO

INCM
Franklin Templeton ETF Trust - Franklin Income Focus ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
FDHY
Fidelity Covington Trust - Fidelity High Yield Factor ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
RPAR
Tidal ETF Trust - RPAR Risk Parity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toINCM

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Moderate

Create your own algorithmic trading strategy with INCM using Composer

FAQ

INCM is a Global Diversified ETF. The fund is a Multi-asset strategy that invests in a diversified portfolio of debt and equity securities using income generating strategies. Flexible and dynamic active ETF, which may shift its investments from one asset class to another based on the investment manager's analysis of the best opportunities for the Fund's portfolio in a given market.

Yes, INCM is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, INCM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on INCM is -0.0045%. This is the percent change in the value of INCM over the most recent 1-month period. The 3-month return on INCM is -0.01%. This is the percent change in the value of INCM over the most recent 3-month period.

ETFs similar to INCM include DRSK, HNDL, and FPEI.

ETFs correlated to INCM include GAUG, XAUG, and LGRO.

ETFs that are inversely correlated to INCM include SJB, SPXU, and EPV.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.