FCEF vs INKM
First Trust Income Opportunity ETF compared with State Street Income Allocation ETF on yield, payout growth, payment schedule, cost and risk.
FCEF
First Trust Income Opportunity ETF
TTM yield · Monthly
INKM
State Street Income Allocation ETF
TTM yield · Quarterly
Quick take
- FCEF yields more today: 7.27% vs 4.04% (forward).
- FCEF has grown its payout faster: 6.9%/yr vs 3.3%/yr over the last 5 years.
- FCEF pays every month; INKM pays every quarter.
- Over the last year INKM delivered the higher total return: +7.0% vs +6.0% (price change plus payouts).
- INKM is cheaper to own: 0.50% vs 3.69% expense ratio.
- FCEF has the steadier distribution: consistency 99/100 vs 73/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FCEF | INKM |
|---|---|---|
| Share price | $22.60 | $33.86 |
| TTM yield | 7.27% | 4.70% |
| Forward yield | 7.27% | 4.04% |
| Annual payout per share | $1.644 | $1.368 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Nov 13, 2026 (est.) | Dec 25, 2026 (est.) |
| Expense ratio | 3.69% | 0.50% |
| 1-year payout growth | +1.5% | -2.6% |
| 5-year payout CAGR | +6.9% | +3.3% |
| Consecutive years of increases | 0 years | 2 years |
| Payout consistency (last 12) | 99/100 | 73/100 |
| 1-year total return | +6.0% | +7.0% |
| 1-year price return | -1.2% | +2.2% |
| Size (market cap / AUM) | 80.9M | 73.6M |
| Years paying | 10.0 | 14.3 |
| Sector / category | Global Moderately Conservative Allocation | Global Moderately Conservative Allocation |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FCEF | INKM | |
|---|---|---|
| Shares | 442.4 | 295.3 |
| Income per year | $727 | $404 |
| Income per month (avg) | $61 | $34 |
At forward yields, before taxes. Model FCEF · Model INKM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FCEF Nov 13, 2026 | Nov 30, 2026 | $0.137 | Est. |
| FCEF Dec 13, 2026 | Dec 30, 2026 | $0.137 | Est. |
| FCEF Jan 12, 2027 | Jan 29, 2027 | $0.137 | Est. |
| INKM Dec 25, 2026 | Jan 8, 2027 | $0.342 | Est. |
| INKM Mar 26, 2027 | Apr 9, 2027 | $0.342 | Est. |
| INKM Jun 25, 2027 | Jul 9, 2027 | $0.342 | Est. |
Annual payouts per share
FCEFINKM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FCEF or INKM?
FCEF currently has the higher trailing yield: FCEF yields 7.27% and INKM yields 4.70%. Yield changes daily with price, so check the live figures above.
How often do FCEF and INKM pay?
FCEF pays every month and INKM pays every quarter. FCEF's next ex-date is Nov 13, 2026 and INKM's is Dec 25, 2026.
Which has grown its dividend faster, FCEF or INKM?
FCEF has grown its payout faster: 6.9%/yr vs 3.3%/yr over the last 5 years.
Is FCEF or INKM better for income?
It depends on what you are optimising for. FCEF and INKM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.