FAFRX vs. RCRIX
Compare and contrast key facts about Franklin Floating Rate Daily Access Fund Class A (FAFRX) and RiverPark Floating Rate CMBS Fund (RCRIX).
FAFRX is an actively managed fund by Franklin Templeton. It was launched on May 1, 2001. RCRIX is managed by RiverPark Funds. It was launched on Sep 29, 2016.
Performance
FAFRX vs. RCRIX - Performance Comparison
Loading graphics...
FAFRX vs. RCRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAFRX Franklin Floating Rate Daily Access Fund Class A | -1.24% | 4.41% | 8.25% | 14.10% | -1.75% | 8.41% | -4.37% | 3.17% | 0.57% | 1.07% |
RCRIX RiverPark Floating Rate CMBS Fund | 0.42% | 5.56% | 10.01% | 9.85% | -0.72% | 2.81% | -8.51% | 4.46% | 59.17% | 3.09% |
Returns By Period
In the year-to-date period, FAFRX achieves a -1.24% return, which is significantly lower than RCRIX's 0.42% return.
FAFRX
- 1D
- 0.14%
- 1M
- -0.28%
- YTD
- -1.24%
- 6M
- -0.55%
- 1Y
- 3.20%
- 3Y*
- 6.88%
- 5Y*
- 5.81%
- 10Y*
- 4.23%
RCRIX
- 1D
- -0.45%
- 1M
- -0.34%
- YTD
- 0.42%
- 6M
- 1.58%
- 1Y
- 5.02%
- 3Y*
- 7.99%
- 5Y*
- 5.11%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FAFRX vs. RCRIX - Expense Ratio Comparison
FAFRX has a 0.95% expense ratio, which is higher than RCRIX's 0.85% expense ratio.
Return for Risk
FAFRX vs. RCRIX — Risk / Return Rank
FAFRX
RCRIX
FAFRX vs. RCRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Floating Rate Daily Access Fund Class A (FAFRX) and RiverPark Floating Rate CMBS Fund (RCRIX). 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.
| FAFRX | RCRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 3.15 | -2.23 |
Sortino ratioReturn per unit of downside risk | 1.49 | 4.68 | -3.19 |
Omega ratioGain probability vs. loss probability | 1.24 | 2.68 | -1.44 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.70 | -1.28 |
Martin ratioReturn relative to average drawdown | 4.92 | 23.61 | -18.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FAFRX | RCRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 3.15 | -2.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.77 | 3.19 | -1.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.07 | +0.04 |
Correlation
The correlation between FAFRX and RCRIX is 0.13, 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.
Dividends
FAFRX vs. RCRIX - Dividend Comparison
FAFRX's dividend yield for the trailing twelve months is around 7.17%, more than RCRIX's 4.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAFRX Franklin Floating Rate Daily Access Fund Class A | 7.17% | 7.76% | 9.17% | 7.43% | 5.59% | 3.47% | 4.52% | 5.38% | 4.92% | 3.55% | 4.33% | 4.84% |
RCRIX RiverPark Floating Rate CMBS Fund | 4.69% | 5.30% | 6.85% | 7.90% | 3.80% | 2.34% | 3.16% | 3.36% | 49.16% | 3.64% | 0.00% | 0.00% |
Drawdowns
FAFRX vs. RCRIX - Drawdown Comparison
The maximum FAFRX drawdown since its inception was -25.94%, smaller than the maximum RCRIX drawdown of -30.00%. Use the drawdown chart below to compare losses from any high point for FAFRX and RCRIX.
Loading graphics...
Drawdown Indicators
| FAFRX | RCRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -30.00% | +4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -2.26% | -1.82% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -6.28% | -3.75% | -2.53% |
Max Drawdown (10Y)Largest decline over 10 years | -18.09% | — | — |
Current DrawdownCurrent decline from peak | -1.64% | -0.45% | -1.19% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -3.07% | +1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 0.21% | +0.48% |
Volatility
FAFRX vs. RCRIX - Volatility Comparison
Franklin Floating Rate Daily Access Fund Class A (FAFRX) has a higher volatility of 0.87% compared to RiverPark Floating Rate CMBS Fund (RCRIX) at 0.55%. This indicates that FAFRX's price experiences larger fluctuations and is considered to be riskier than RCRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FAFRX | RCRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.55% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 0.74% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 1.61% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.30% | 1.61% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.83% | 8.01% | -4.18% |