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FCOQX vs. FFACX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCOQX vs. FFACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Colorado Tax-Free Income Fund Class A (FCOQX) and Franklin Global Allocation Fund Class C (FFACX). The values are adjusted to include any dividend payments, if applicable.

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FCOQX vs. FFACX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FCOQX
Franklin Colorado Tax-Free Income Fund Class A
-0.45%3.34%2.47%5.62%-10.97%1.52%4.72%6.41%0.98%
FFACX
Franklin Global Allocation Fund Class C
-1.53%15.09%12.06%11.99%-12.43%10.89%0.71%16.90%-10.31%

Returns By Period

In the year-to-date period, FCOQX achieves a -0.45% return, which is significantly higher than FFACX's -1.53% return.


FCOQX

1D
0.29%
1M
-1.97%
YTD
-0.45%
6M
1.31%
1Y
3.19%
3Y*
2.81%
5Y*
0.22%
10Y*

FFACX

1D
1.89%
1M
-4.12%
YTD
-1.53%
6M
0.51%
1Y
13.33%
3Y*
10.94%
5Y*
6.09%
10Y*
6.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCOQX vs. FFACX - Expense Ratio Comparison

FCOQX has a 0.85% expense ratio, which is lower than FFACX's 1.74% expense ratio.


Return for Risk

FCOQX vs. FFACX — Risk / Return Rank

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

FCOQX
FCOQX Risk / Return Rank: 2020
Overall Rank
FCOQX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
FCOQX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FCOQX Omega Ratio Rank: 3131
Omega Ratio Rank
FCOQX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FCOQX Martin Ratio Rank: 1414
Martin Ratio Rank

FFACX
FFACX Risk / Return Rank: 6363
Overall Rank
FFACX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FFACX Sortino Ratio Rank: 6464
Sortino Ratio Rank
FFACX Omega Ratio Rank: 5858
Omega Ratio Rank
FFACX Calmar Ratio Rank: 6262
Calmar Ratio Rank
FFACX Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCOQX vs. FFACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Colorado Tax-Free Income Fund Class A (FCOQX) and Franklin Global Allocation Fund Class C (FFACX). 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.


FCOQXFFACXDifference

Sharpe ratio

Return per unit of total volatility

0.68

1.25

-0.57

Sortino ratio

Return per unit of downside risk

0.93

1.85

-0.93

Omega ratio

Gain probability vs. loss probability

1.18

1.26

-0.08

Calmar ratio

Return relative to maximum drawdown

0.76

1.76

-1.00

Martin ratio

Return relative to average drawdown

2.05

7.95

-5.90

FCOQX vs. FFACX - Sharpe Ratio Comparison

The current FCOQX Sharpe Ratio is 0.68, which is lower than the FFACX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of FCOQX and FFACX, 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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Sharpe Ratios by Period


FCOQXFFACXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.68

1.25

-0.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.05

0.62

-0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.43

-0.06

Correlation

The correlation between FCOQX and FFACX is 0.06, 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

FCOQX vs. FFACX - Dividend Comparison

FCOQX's dividend yield for the trailing twelve months is around 2.92%, less than FFACX's 4.59% yield.


TTM20252024202320222021202020192018201720162015
FCOQX
Franklin Colorado Tax-Free Income Fund Class A
2.92%3.13%3.01%2.33%2.59%2.09%2.37%2.95%1.06%0.00%0.00%0.00%
FFACX
Franklin Global Allocation Fund Class C
4.59%4.52%0.39%0.90%3.57%0.45%6.72%2.24%2.38%2.21%1.48%2.17%

Drawdowns

FCOQX vs. FFACX - Drawdown Comparison

The maximum FCOQX drawdown since its inception was -15.80%, smaller than the maximum FFACX drawdown of -53.66%. Use the drawdown chart below to compare losses from any high point for FCOQX and FFACX.


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Drawdown Indicators


FCOQXFFACXDifference

Max Drawdown

Largest peak-to-trough decline

-15.80%

-53.66%

+37.86%

Max Drawdown (1Y)

Largest decline over 1 year

-5.32%

-7.79%

+2.47%

Max Drawdown (5Y)

Largest decline over 5 years

-15.80%

-18.76%

+2.96%

Max Drawdown (10Y)

Largest decline over 10 years

-30.23%

Current Drawdown

Current decline from peak

-2.25%

-4.99%

+2.74%

Average Drawdown

Average peak-to-trough decline

-4.22%

-8.02%

+3.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

1.72%

+0.25%

Volatility

FCOQX vs. FFACX - Volatility Comparison

The current volatility for Franklin Colorado Tax-Free Income Fund Class A (FCOQX) is 1.13%, while Franklin Global Allocation Fund Class C (FFACX) has a volatility of 4.11%. This indicates that FCOQX experiences smaller price fluctuations and is considered to be less risky than FFACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCOQXFFACXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.13%

4.11%

-2.98%

Volatility (6M)

Calculated over the trailing 6-month period

1.74%

6.72%

-4.98%

Volatility (1Y)

Calculated over the trailing 1-year period

5.27%

10.85%

-5.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.16%

9.94%

-5.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.43%

11.47%

-7.04%