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

Correlation

The correlation between FHAIX and DSL 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

FHAIX vs. DSL - Performance Comparison

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

50.00%55.00%60.00%65.00%JulyAugustSeptemberOctoberNovemberDecember
62.62%
60.06%
FHAIX
DSL

Key characteristics

Sharpe Ratio

FHAIX:

2.12

DSL:

1.50

Sortino Ratio

FHAIX:

3.42

DSL:

2.17

Omega Ratio

FHAIX:

1.75

DSL:

1.27

Calmar Ratio

FHAIX:

7.10

DSL:

1.27

Martin Ratio

FHAIX:

22.27

DSL:

9.13

Ulcer Index

FHAIX:

0.40%

DSL:

1.83%

Daily Std Dev

FHAIX:

4.20%

DSL:

11.10%

Max Drawdown

FHAIX:

-51.73%

DSL:

-49.51%

Current Drawdown

FHAIX:

-0.63%

DSL:

-3.09%

Returns By Period

In the year-to-date period, FHAIX achieves a 7.74% return, which is significantly lower than DSL's 14.09% return. Over the past 10 years, FHAIX has underperformed DSL with an annualized return of 4.70%, while DSL has yielded a comparatively higher 6.08% annualized return.


FHAIX

YTD

7.74%

1M

-0.57%

6M

3.85%

1Y

8.91%

5Y*

4.66%

10Y*

4.70%

DSL

YTD

14.09%

1M

0.31%

6M

6.48%

1Y

16.18%

5Y*

2.07%

10Y*

6.08%

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FHAIX vs. DSL - Expense Ratio Comparison

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

FHAIX vs. DSL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin High Income Fund (FHAIX) and DoubleLine Income Solutions Fund (DSL). 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 FHAIX, currently valued at 2.12, compared to the broader market-1.000.001.002.003.004.002.121.50
The chart of Sortino ratio for FHAIX, currently valued at 3.42, compared to the broader market-2.000.002.004.006.008.0010.003.422.17
The chart of Omega ratio for FHAIX, currently valued at 1.75, compared to the broader market0.501.001.502.002.503.003.501.751.27
The chart of Calmar ratio for FHAIX, currently valued at 7.10, compared to the broader market0.002.004.006.008.0010.0012.0014.007.101.27
The chart of Martin ratio for FHAIX, currently valued at 22.27, compared to the broader market0.0020.0040.0060.0022.279.13
FHAIX
DSL

The current FHAIX Sharpe Ratio is 2.12, which is higher than the DSL Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of FHAIX and DSL, 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
2.12
1.50
FHAIX
DSL

Dividends

FHAIX vs. DSL - Dividend Comparison

FHAIX's dividend yield for the trailing twelve months is around 5.83%, less than DSL's 11.47% yield.


TTM20232022202120202019201820172016201520142013
FHAIX
Franklin High Income Fund
5.83%6.16%6.09%4.95%5.21%5.48%6.05%5.32%5.66%7.17%6.36%6.35%
DSL
DoubleLine Income Solutions Fund
11.47%10.78%13.67%10.74%10.69%9.33%10.39%9.11%9.53%11.63%9.56%4.98%

Drawdowns

FHAIX vs. DSL - Drawdown Comparison

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.63%
-3.09%
FHAIX
DSL

Volatility

FHAIX vs. DSL - Volatility Comparison

The current volatility for Franklin High Income Fund (FHAIX) is 1.30%, while DoubleLine Income Solutions Fund (DSL) has a volatility of 2.79%. This indicates that FHAIX experiences smaller price fluctuations and is considered to be less risky than DSL 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
1.30%
2.79%
FHAIX
DSL
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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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