ASLV vs INCE
Allspring Special Large Value ETF vs Franklin Income Equity Focus ETF
Which is better, ASLV or INCE?
INCE has been ahead.
INCE has a lower expense ratio. INCE led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ASLV | INCE |
|---|---|---|
| Expense Ratio | 0.35% | 0.29%Best |
| AUM | $203M | $358M |
| Dividend Yield | 0.82% | 5.09% |
| Holdings | 46 | 114 |
| YTD Return | +7.80% | +13.36%Best |
| 1Y Return | +11.72% | +18.93%Best |
| 3Y Return (annualized) | - | +16.69% |
| 5Y Return (annualized) | - | +10.59% |
| Volatility (annualized) | 10.6% | 9.9%Best |
| Max Drawdown | -11.0%Best | -11.5% |
| $10,000 over 1.5 years | $12,278 | $12,761Best |
| Fund Family | Allspring Global Investments | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 26, 2025 | Sep 20, 2016 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 27, 2025 to Oct 14, 2026 (1.5 years).
ASLV vs INCE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
ASLV vs INCE Performance
Allspring Special Large Value ETF (ASLV) is an ETF from Allspring Global Investments and Franklin Income Equity Focus ETF (INCE) is an ETF from Franklin Templeton Investments (US). Over the past year ASLV returned +11.72% while INCE returned +18.93%. Year to date, ASLV is up 7.80% versus a gain of 13.36% for INCE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASLV has been the more volatile fund, with annualized monthly volatility of 10.6% compared with 9.9% for INCE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.0% for ASLV and -11.5% for INCE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ASLV charges 0.35% per year while INCE charges 0.29%. On a $10,000 position that is $35 vs $29 annually, a gap of $6 per year that compounds over a long holding period. On income, ASLV currently yields 0.82% against 5.09% for INCE.
Holdings Overlap
At least 28.6% of ASLV's money is in holdings INCE also owns.
Stated as a floor: for INCE, our book for it covers 78.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
ASLV and INCE share little of their money.
12 positions in common, counted across the 43 positions we hold weights for in ASLV and 76 in INCE, against full books of 46 and 114.
Top Shared Holdings
| Stock | Weight in ASLV | Weight in INCE | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.54% | 0.86% | 4.68% |
| JNJJohnson & Johnson - Common | 3.17% | 1.56% | 1.61% |
| NEENextera Energy Inc | 3.44% | 0.72% | 2.72% |
| COPConocophillips Common Stock USD 0.01 | 2.55% | 1.16% | 1.39% |
| WFCWells Fargo & Co. | 2.90% | 0.75% | 2.15% |
| MDTMedtronic Plc Ordinary Shares | 1.67% | 1.88% | 0.21% |
| UNPUnion Pacific Corp | 1.42% | 1.66% | 0.24% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.94% | 0.95% | 0.99% |
| BACBank of America Corp.: Financials | 1.77% | 1.03% | 0.74% |
| HDHome Depot Inc/The | 1.55% | 1.09% | 0.46% |
28.6% of ASLV is already inside INCE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ASLV or INCE?
ASLV has an expense ratio of 0.35% while INCE charges 0.29%. INCE is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, ASLV or INCE?
Over the past year ASLV returned +11.72% vs +18.93% for INCE, so INCE leads on 1-year performance. Over the longest common window we track (2 years), ASLV annualized +14.66% vs +17.65% for INCE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASLV or INCE?
ASLV has been the more volatile fund at 10.6% annualized versus 9.9% for INCE. Worst drawdown: ASLV -11.0% vs INCE -11.5%.
Should I hold both ASLV and INCE?
ASLV and INCE have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ASLV and INCE?
At least 28.6% of ASLV's money is in holdings INCE also owns. Our book for INCE is partial, so the real figure is this or higher. They hold 12 positions in common, counted across the 43 positions we hold weights for in ASLV and 76 in INCE.
Which pays a higher dividend, ASLV or INCE?
ASLV yields 0.82% while INCE yields 5.09%, so INCE currently pays the higher dividend yield.
Is INCE better than ASLV?
INCE has a lower expense ratio. INCE led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.