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ETF Model Portfolios · INKM · Moderately conservative band

INKM against the ETFIQ Strategic 40 benchmark

State StreetIncome Allocation ETF holds 44.8% of its net assets in stocks, counted through the funds it holds, which places it in the moderately conservative band. Its matched benchmark is ETFIQ Strategic, 40% stocks, a written rule, not a fund.

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In the year to Sep 30, 2026, INKM returned +4.48%, 0.79 points behind the ETFIQ Strategic 40 benchmark’s hypothetical +5.27%.

Growth of $10,000

Trailing ranges end on Sep 30, 2026, All on Oct 9, 2026. INKM’s line is its own market-price total return; the benchmark’s is dashed and shaded where hypothetical, before Oct 5, 2026. The largest drawdown of INKM is shaded where the comparison dates it. Computed by ETFIQ from Tiingo daily prices.

Growth of $10,000 over 1Y, Sep 30, 2025 to Sep 30, 2026: INKM ends at $10,448, Strategic 40 at $10,527, the benchmark hypothetical.$11,269$10,706$10,143$9,579hypothetical · the current rule applied to past prices$10,448$10,5272025 Sep2025 Dec2026 Apr2026 Jul2026 Sep
INKMStrategic 40, the benchmarkHypothetical
Value of $10,000 at six points from Sep 30, 2025 to Sep 30, 2026; the same numbers as the chart. INKM is its market-price total return; the benchmark is hypothetical.
Value onSep 30, 2025Dec 10, 2025Feb 24, 2026May 7, 2026Jul 21, 2026Sep 30, 2026
INKM$10,000$10,098$10,697$10,683$10,798$10,448
Reference$10,000$10,176$10,467$10,585$10,635$10,527
Growth of $10,000 over 3Y, Sep 29, 2023 to Sep 30, 2026: INKM ends at $13,320, Strategic 40 at $13,610, the benchmark hypothetical.$14,395$12,725$11,054$9,384hypothetical · the current rule applied to past prices$13,320$13,61020232024202520252026
INKMStrategic 40, the benchmarkHypotheticalLargest drawdown −5.76%, Apr 2, 2025 to Apr 8, 2025
Value of $10,000 at six points from Sep 29, 2023 to Sep 30, 2026; the same numbers as the chart. INKM is its market-price total return; the benchmark is hypothetical.
Value onSep 29, 2023May 6, 2024Dec 10, 2024Jul 21, 2025Feb 25, 2026Sep 30, 2026
INKM$10,000$10,965$11,819$12,324$13,669$13,320
Reference$10,000$11,039$11,904$12,433$13,574$13,610
Growth of $10,000 over 5Y, Sep 30, 2021 to Sep 30, 2026: INKM ends at $12,007, Strategic 40 at $12,265, the benchmark hypothetical.$12,953$11,296$9,638$7,980hypothetical · the current rule applied to past prices$12,007$12,26520212022202420252026
INKMStrategic 40, the benchmarkHypotheticalLargest drawdown −19.17%, Nov 9, 2021 to Oct 14, 2022
Value of $10,000 at six points from Sep 30, 2021 to Sep 30, 2026; the same numbers as the chart. INKM is its market-price total return; the benchmark is hypothetical.
Value onSep 30, 2021Sep 29, 2022Sep 29, 2023Sep 27, 2024Sep 30, 2025Sep 30, 2026
INKM$10,000$8,438$9,014$10,739$11,492$12,007
Reference$10,000$8,357$9,012$10,745$11,652$12,265
Growth of $10,000 over 10Y, Sep 30, 2016 to Sep 30, 2026: INKM ends at $16,198, Strategic 40 at $17,376, the benchmark hypothetical.$18,373$15,159$11,944$8,730hypothetical · the current rule applied to past prices$16,198$17,37620162019202120242026
INKMStrategic 40, the benchmarkHypotheticalLargest drawdown −28.58%, Feb 20, 2020 to Mar 23, 2020
Value of $10,000 at six points from Sep 30, 2016 to Sep 30, 2026; the same numbers as the chart. INKM is its market-price total return; the benchmark is hypothetical.
Value onSep 30, 2016Sep 28, 2018Sep 29, 2020Sep 27, 2022Sep 27, 2024Sep 30, 2026
INKM$10,000$10,946$11,453$11,357$14,488$16,198
Reference$10,000$11,042$12,850$11,756$15,222$17,376
Growth of $10,000 over the whole shared history, Apr 26, 2012 to Oct 9, 2026: INKM ends at $20,185, Strategic 40 at $21,892, the benchmark hypothetical.$22,931$18,430$13,929$9,429hypothetical · the current rule applied to past pricestracked$20,185$21,89220122015201920232026
INKMStrategic 40, the benchmarkHypothetical
Value of $10,000 at six points from Apr 26, 2012 to Oct 9, 2026; the same numbers as the chart. INKM is its market-price total return; the benchmark is hypothetical.
Value onApr 26, 2012Mar 19, 2015Feb 6, 2018Dec 23, 2020Nov 14, 2023Oct 9, 2026
INKM$10,000$12,081$13,498$15,558$15,338$20,185
Reference$10,000$12,000$13,675$17,018$16,382$21,892

INKM and Strategic 40 by window

WindowFromToINKMStrategic 40Difference, pointsSide
Year to dateDec 31, 2025Oct 9, 2026+3.92%+4.17%*−0.25INKM behind
1 yearSep 30, 2025Sep 30, 2026+4.48%+5.27%*−0.79INKM behind
3 years, a yearSep 29, 2023Sep 30, 2026+10.03%+10.82%*−0.79INKM behind
5 years, a yearSep 30, 2021Sep 30, 2026+3.73%+4.17%*−0.44INKM behind
10 years, a yearSep 30, 2016Sep 30, 2026+4.94%+5.68%*−0.74INKM behind
Since Apr 26, 2012, a yearApr 30, 2012Sep 30, 2026+4.95%+5.53%*−0.58INKM behind
INKM’s own market-price total return beside Strategic 40 over the same closes; YTD and 1 year as total returns, the longer windows a year over whole months. The difference is the two printed figures subtracted, in percentage points. *Hypothetical as a whole: the benchmark’s window begins before its tracked date, Oct 5, 2026. Data sourced by Tiingo.

Fees

PortfolioFeeA yearOn $10,000As of
INKMExpense ratio, from its prospectus0.50%$50Oct 24, 2025
Strategic 40Weighted fund fee, inside its returns0.04%$4Oct 9, 2026
Both fees are already inside the returns above. On $10,000 is the fee times 100, the dollars a year at that fee.

Risk over 10 years

FigureINKMStrategic 40
Volatility, a year10.08%7.93%
Largest drawdown, on daily values−28.58%−20.32%
Beta to the benchmark1.17measured against itself
Correlation0.92measured against itself
Tracking error, a year4.15%measured against itself
Up capture1.06measured against itself
Down capture1.19measured against itself
From monthly returns, Sep 30, 2016 to Sep 30, 2026, 120 months; the drawdown on daily values. Beta, correlation, tracking error and captures measure the fund against the benchmark.
How a benchmark is published

A written rule over broad, low-cost ETFs, frozen on Oct 3, 2026, with its weights, calendar and returns on its own page. Figures before Oct 5, 2026 are hypothetical: today’s rule and funds applied to earlier prices. Total returns are market price with distributions reinvested, net of each fund’s own fees, with nothing else deducted. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias. Methodology v1.3 →

Where to next
INKM fund page→The Strategic 40 benchmark→Every benchmark at 40% stocks→Every model, side by side→How the benchmarks are built→

Questions people ask about INKM and its benchmark

Why is INKM measured against ETFIQ Strategic 40?
INKM holds 44.8% of its net assets in stocks, counted through the funds it holds, so it sits in the moderately conservative band, more than 30% and up to 50% stocks. ETFIQ Strategic 40 is the benchmark for that band.
What does ETFIQ Strategic 40 hold?
40% VT and 60% US bonds (BND and AGG in equal parts), rebalanced on the last trading day of each month. It is a published rule, not a fund, and ETFIQ takes no payment from any fund company.
Why are the benchmark’s returns hypothetical?
Its rule was frozen on a stated date. Returns before it apply today’s rule and funds to earlier prices; the fund’s own returns are its market price with distributions reinvested. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias.
Cite this page

ETFIQ, INKM vs the ETFIQ Strategic 40 benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/inkm/

Open data →

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data. Figures before Oct 5, 2026 are hypothetical.

Sources and credit
Prices and distributions, every fund the benchmarks holdData sourced by Tiingo · end of day · Oct 9, 2026The risk-free rate, for the Sharpe ratioU.S. Treasury daily bill ratesINKM’s page, with its prospectus and feeINKM’s page, with its prospectus and feeINKM’s prospectus filing, for its expense ratioINKM’s prospectus filing, for its expense ratio

Computed by ETFIQ from Tiingo daily prices. Data sourced by Tiingo.