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

Correlation

The correlation between DSL and FHAIX is 0.36, 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.


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.

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Key characteristics

Sharpe Ratio

DSL:

0.62

FHAIX:

1.64

Sortino Ratio

DSL:

0.85

FHAIX:

2.43

Omega Ratio

DSL:

1.15

FHAIX:

1.55

Calmar Ratio

DSL:

0.67

FHAIX:

1.91

Martin Ratio

DSL:

3.05

FHAIX:

9.28

Ulcer Index

DSL:

2.78%

FHAIX:

0.83%

Daily Std Dev

DSL:

13.74%

FHAIX:

4.75%

Max Drawdown

DSL:

-49.51%

FHAIX:

-49.36%

Current Drawdown

DSL:

-2.84%

FHAIX:

-0.05%

Returns By Period

In the year-to-date period, DSL achieves a 1.22% return, which is significantly lower than FHAIX's 2.14% return. Over the past 10 years, DSL has outperformed FHAIX with an annualized return of 5.28%, while FHAIX has yielded a comparatively lower 4.42% annualized return.


DSL

YTD

1.22%

1M

7.42%

6M

1.78%

1Y

8.30%

5Y*

10.44%

10Y*

5.28%

FHAIX

YTD

2.14%

1M

3.55%

6M

2.02%

1Y

7.73%

5Y*

6.93%

10Y*

4.42%

*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.


Risk-Adjusted Performance

DSL vs. FHAIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DSL
The Risk-Adjusted Performance Rank of DSL is 6464
Overall Rank
The Sharpe Ratio Rank of DSL is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of DSL is 5151
Sortino Ratio Rank
The Omega Ratio Rank of DSL is 6464
Omega Ratio Rank
The Calmar Ratio Rank of DSL is 7171
Calmar Ratio Rank
The Martin Ratio Rank of DSL is 7373
Martin Ratio Rank

FHAIX
The Risk-Adjusted Performance Rank of FHAIX is 9292
Overall Rank
The Sharpe Ratio Rank of FHAIX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FHAIX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FHAIX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of FHAIX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of FHAIX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current DSL Sharpe Ratio is 0.62, which is lower than the FHAIX Sharpe Ratio of 1.64. 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.


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Dividends

DSL vs. FHAIX - Dividend Comparison

DSL's dividend yield for the trailing twelve months is around 11.64%, more than FHAIX's 6.29% yield.


TTM20242023202220212020201920182017201620152014
DSL
DoubleLine Income Solutions Fund
11.64%10.50%9.89%13.67%10.74%10.69%9.33%10.39%9.11%9.53%11.63%9.56%
FHAIX
Franklin High Income Fund
6.29%6.38%6.16%6.09%4.95%5.21%5.48%6.05%5.32%5.66%7.17%6.36%

Drawdowns

DSL vs. FHAIX - Drawdown Comparison

The maximum DSL drawdown since its inception was -49.51%, roughly equal to the maximum FHAIX drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for DSL and FHAIX. For additional features, visit the drawdowns tool.


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Volatility

DSL vs. FHAIX - Volatility Comparison

DoubleLine Income Solutions Fund (DSL) has a higher volatility of 3.28% compared to Franklin High Income Fund (FHAIX) at 1.90%. 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.


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