FAFRX vs. WTPI
Compare and contrast key facts about Franklin Floating Rate Daily Access Fund Class A (FAFRX) and WisdomTree Equity Premium Income Fund (WTPI).
FAFRX is an actively managed fund by Franklin Templeton. It was launched on May 1, 2001. WTPI is a passively managed fund by WisdomTree that tracks the performance of the Volos U.S. Large Cap Target 2.5% PutWrite Index. It was launched on Feb 24, 2016.
Performance
FAFRX vs. WTPI - Performance Comparison
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FAFRX vs. WTPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAFRX Franklin Floating Rate Daily Access Fund Class A | -1.38% | 4.41% | 8.25% | 14.10% | -1.75% | 8.41% | -4.37% | 3.17% | 0.57% | 2.19% |
WTPI WisdomTree Equity Premium Income Fund | -1.66% | 14.45% | 17.18% | 15.53% | -10.11% | 20.94% | 1.65% | 13.55% | -7.16% | 10.09% |
Returns By Period
In the year-to-date period, FAFRX achieves a -1.38% return, which is significantly higher than WTPI's -1.66% return. Over the past 10 years, FAFRX has underperformed WTPI with an annualized return of 4.21%, while WTPI has yielded a comparatively higher 7.80% annualized return.
FAFRX
- 1D
- -0.14%
- 1M
- -0.55%
- YTD
- -1.38%
- 6M
- -0.82%
- 1Y
- 2.92%
- 3Y*
- 6.83%
- 5Y*
- 5.84%
- 10Y*
- 4.21%
WTPI
- 1D
- 2.60%
- 1M
- -3.50%
- YTD
- -1.66%
- 6M
- 1.99%
- 1Y
- 15.64%
- 3Y*
- 13.04%
- 5Y*
- 9.37%
- 10Y*
- 7.80%
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FAFRX vs. WTPI - Expense Ratio Comparison
FAFRX has a 0.95% expense ratio, which is higher than WTPI's 0.44% expense ratio.
Return for Risk
FAFRX vs. WTPI — Risk / Return Rank
FAFRX
WTPI
FAFRX vs. WTPI - 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 WisdomTree Equity Premium Income Fund (WTPI). 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 | WTPI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 1.10 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.65 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.27 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.62 | -0.27 |
Martin ratioReturn relative to average drawdown | 4.77 | 8.70 | -3.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FAFRX | WTPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 1.10 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.78 | 0.77 | +1.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 0.59 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.61 | +0.49 |
Correlation
The correlation between FAFRX and WTPI is 0.16, 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. WTPI - Dividend Comparison
FAFRX's dividend yield for the trailing twelve months is around 7.18%, less than WTPI's 12.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAFRX Franklin Floating Rate Daily Access Fund Class A | 7.18% | 7.76% | 9.17% | 7.43% | 5.59% | 3.47% | 4.52% | 5.38% | 4.92% | 3.55% | 4.33% | 4.84% |
WTPI WisdomTree Equity Premium Income Fund | 12.37% | 13.18% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% | 0.00% |
Drawdowns
FAFRX vs. WTPI - Drawdown Comparison
The maximum FAFRX drawdown since its inception was -25.94%, smaller than the maximum WTPI drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for FAFRX and WTPI.
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Drawdown Indicators
| FAFRX | WTPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -28.40% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.26% | -9.90% | +7.64% |
Max Drawdown (5Y)Largest decline over 5 years | -6.28% | -16.56% | +10.28% |
Max Drawdown (10Y)Largest decline over 10 years | -18.09% | -28.40% | +10.31% |
Current DrawdownCurrent decline from peak | -1.78% | -4.73% | +2.95% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -3.48% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 1.85% | -1.17% |
Volatility
FAFRX vs. WTPI - Volatility Comparison
The current volatility for Franklin Floating Rate Daily Access Fund Class A (FAFRX) is 0.86%, while WisdomTree Equity Premium Income Fund (WTPI) has a volatility of 4.77%. This indicates that FAFRX experiences smaller price fluctuations and is considered to be less risky than WTPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAFRX | WTPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 4.77% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 7.82% | -5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 14.33% | -10.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.30% | 12.21% | -8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.83% | 13.23% | -9.40% |