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DSL vs. FHAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DSL and FHAIX is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

DSL vs. FHAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Income Solutions Fund (DSL) and Franklin High Income Fund (FHAIX). The values are adjusted to include any dividend payments, if applicable.

50.00%55.00%60.00%65.00%JulyAugustSeptemberOctoberNovemberDecember
59.93%
61.70%
DSL
FHAIX

Key characteristics

Sharpe Ratio

DSL:

1.29

FHAIX:

1.71

Sortino Ratio

DSL:

1.88

FHAIX:

2.70

Omega Ratio

DSL:

1.23

FHAIX:

1.58

Calmar Ratio

DSL:

1.15

FHAIX:

5.68

Martin Ratio

DSL:

7.74

FHAIX:

17.06

Ulcer Index

DSL:

1.86%

FHAIX:

0.42%

Daily Std Dev

DSL:

11.12%

FHAIX:

4.17%

Max Drawdown

DSL:

-49.51%

FHAIX:

-51.73%

Current Drawdown

DSL:

-3.17%

FHAIX:

-1.20%

Returns By Period

In the year-to-date period, DSL achieves a 14.00% return, which is significantly higher than FHAIX's 7.12% return. Over the past 10 years, DSL has outperformed FHAIX with an annualized return of 5.91%, while FHAIX has yielded a comparatively lower 4.64% annualized return.


DSL

YTD

14.00%

1M

-1.50%

6M

5.72%

1Y

14.56%

5Y*

1.93%

10Y*

5.91%

FHAIX

YTD

7.12%

1M

-0.57%

6M

3.32%

1Y

7.12%

5Y*

4.54%

10Y*

4.64%

*Annualized

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DSL vs. FHAIX - Expense Ratio Comparison

DSL has a 2.28% expense ratio, which is higher than FHAIX's 0.77% expense ratio.


DSL
DoubleLine Income Solutions Fund
Expense ratio chart for DSL: current value at 2.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.28%
Expense ratio chart for FHAIX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%

Risk-Adjusted Performance

DSL vs. FHAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Income Solutions Fund (DSL) and Franklin High Income Fund (FHAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for DSL, currently valued at 1.29, compared to the broader market-1.000.001.002.003.001.291.71
The chart of Sortino ratio for DSL, currently valued at 1.88, compared to the broader market-2.000.002.004.006.008.001.882.70
The chart of Omega ratio for DSL, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.58
The chart of Calmar ratio for DSL, currently valued at 1.15, compared to the broader market0.002.004.006.008.0010.0012.001.155.68
The chart of Martin ratio for DSL, currently valued at 7.74, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.7417.06
DSL
FHAIX

The current DSL Sharpe Ratio is 1.29, which is comparable to the FHAIX Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of DSL and FHAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.29
1.71
DSL
FHAIX

Dividends

DSL vs. FHAIX - Dividend Comparison

DSL's dividend yield for the trailing twelve months is around 11.48%, more than FHAIX's 5.34% yield.


TTM20232022202120202019201820172016201520142013
DSL
DoubleLine Income Solutions Fund
11.48%10.78%13.67%10.74%10.69%9.33%10.39%9.11%9.53%11.63%9.56%4.98%
FHAIX
Franklin High Income Fund
5.34%6.16%6.09%4.95%5.21%5.48%6.05%5.32%5.66%7.17%6.36%6.35%

Drawdowns

DSL vs. FHAIX - Drawdown Comparison

The maximum DSL drawdown since its inception was -49.51%, roughly equal to the maximum FHAIX drawdown of -51.73%. Use the drawdown chart below to compare losses from any high point for DSL and FHAIX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.17%
-1.20%
DSL
FHAIX

Volatility

DSL vs. FHAIX - Volatility Comparison

DoubleLine Income Solutions Fund (DSL) has a higher volatility of 3.03% compared to Franklin High Income Fund (FHAIX) at 1.30%. This indicates that DSL's price experiences larger fluctuations and is considered to be riskier than FHAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
3.03%
1.30%
DSL
FHAIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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