INCEvsUSMVETF Comparison
VS
Franklin U.S. Low Volatility ETF (INCE) and iShares MSCI USA Min Vol Factor ETF (USMV) belong to the same industry segment: US Low Volatility. INCE's top 3 sector exposures are Finance, Consumer Non-Cyclicals and Industrials. In contrast, USMV's top sector exposures are Technology, Finance and Healthcare. INCE is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.15% for USMV. INCE is up 12.44% year-to-date (YTD) with +$162M in YTD flows. USMV performs worse with 8.13% YTD performance, and -$326M in YTD flows. Run a side-by-side ETF comparison of INCE and USMV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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INCE vs USMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | INCE USMV | +0.08%+2.96% | +1.30%+4.67% | +12.44%+8.13% | +16.07%+9.20% | +48.53%+41.69% | +51.65%+40.84% |
| Flows | INCE USMV | +$152M-$274M | +$158M-$68M | +$162M-$326M | +$177M-$920M | +$103M-$12.04B | +$112M-$11.11B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | INCE USMV | +7.83%+8.73% | +8.06%+8.29% | +11.20%+10.12% | +13.44%+12.22% |
| Max drawdown | INCE USMV | -2.20%-2.46% | -5.15%-6.41% | -13.83%-9.29% | -19.30%-17.91% |
| Max drawdown duration | INCE USMV | 41d28d | 99d122d | 207d75d | 713d713d |
Trading data
INCE | USMV | |
Last sale 9/2/2026 at 1:30 PM | $68.56 | $100.98 |
| Previous close 09/01/2026 | $68.33 | $101.12 |
| Consolidated volume 09/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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INCE
is actively managed and doesn’t replicate an indexINCE | USMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
INCE | USMV | |
|---|---|---|
| Last price | $68.56 | $100.98 |
| 1D performance | +0.34% | -0.14% |
| AuM | $286.96 M | $24.13 B |
| E/R | 0.29% | 0.15% |
Characteristics
INCE | USMV | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | iShares |
| Benchmark | - | MSCI USA Minimum Volatility Index |
| N° of holdings | 59 | 166 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 20, 2016 | October 18, 2011 |
| ESG | No | No |
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Exposure
Countries
INCE
USA
63.46%
Other
36.54%
USMV
USA
92.28%
Other
7.72%
Sectors
INCE
Finance
12.78%
Consumer Non-Cycl.
10.84%
Industrials
9.44%
Utilities
8.36%
Other
58.59%
USMV
Technology
29.56%
Finance
14.48%
Healthcare
13.48%
Consumer Non-Cycl.
11.02%
Other
31.45%
Diversification
INCE
Total weight of top 15 holdings out of 15
32.79%
USMV
Total weight of top 15 holdings out of 15
21.95%
Top 15 holdings
Data as of July 31, 2026
INCE
Chevron Corp.
3.31%
The Southern Co.
2.73%
PepsiCo, Inc.
2.72%
Procter & Gamble Co.
2.67%
Verizon Communications, Inc.
2.59%
Lockheed Martin Corp.
2.54%
US89112B2447
1.97%
JPMorgan Chase & Co.
1.93%
Union Pacific Corp.
1.86%
US59028A1198
1.83%
XS3077251851
1.81%
XS3089541612
1.77%
Philip Morris International, Inc.
1.76%
USC798658350
1.66%
Johnson & Johnson
1.65%
USMV
Welltower, Inc.
1.57%
Microsoft Corp.
1.57%
Amphenol Corp.
1.57%
Chubb Ltd.
1.54%
Johnson & Johnson
1.54%
Vertex Pharmaceuticals, Inc.
1.47%
Berkshire Hathaway, Inc.
1.47%
Duke Energy Corp.
1.46%
The Southern Co.
1.44%
Cisco Systems, Inc.
1.43%
US30233Q1085
1.41%
Waste Management, Inc.
1.38%
Verizon Communications, Inc.
1.38%
Motorola Solutions, Inc.
1.37%
Merck & Co., Inc.
1.34%
Frequently asked questions about INCE and USMV
How have the INCE and USMV ETFs performed in 2026?
As of September 1, 2026, INCE is up 12.44% year-to-date (YTD), while USMV has returned 8.13%. That puts INCE better performer ahead so far this year.
Which ETF is attracting more investor money: INCE or USMV?
Year-to-date, the INCE ETF saw +$162M in flows, compared to -$326M for USMV.
Which ETF is more volatile: INCE or USMV?
Over the past year, INCE had a volatility of 8.06%, while USMV experienced 8.29%.
Which ETF is bigger: INCE or USMV?
As of September 1, 2026, INCE holds $286.96 M in assets under management (AUM), while USMV manages $24.13 B.
What sectors do the INCE and USMV ETFs invest in?
INCE leans toward sectors like Finance, Consumer Non-Cyclicals and Industrials. Meanwhile, USMV focuses on Technology, Finance and Healthcare.
What are the top holdings of the INCE ETF and USMV ETF?
INCE top holdings include Chevron Corp., The Southern Co. and PepsiCo, Inc.. USMV holds in its top three: Welltower, Inc., Microsoft Corp. and Amphenol Corp..
Which ETF is more diversified: INCE or USMV?
INCE holds 94 securities with 32.79% of its assets in the top 15. USMV has 166 securities and a top 15 weight of 21.95%.
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