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

Correlation

The correlation between FHAIX and FQTIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

FHAIX vs. FQTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin High Income Fund (FHAIX) and Franklin Templeton SMACS: Series I (FQTIX). The values are adjusted to include any dividend payments, if applicable.

0.00%0.50%1.00%1.50%2.00%2.50%SeptemberOctoberNovemberDecember2025February
2.07%
1.81%
FHAIX
FQTIX

Key characteristics

Sharpe Ratio

FHAIX:

2.09

FQTIX:

2.65

Sortino Ratio

FHAIX:

3.42

FQTIX:

3.82

Omega Ratio

FHAIX:

1.78

FQTIX:

1.53

Calmar Ratio

FHAIX:

6.58

FQTIX:

2.19

Martin Ratio

FHAIX:

24.30

FQTIX:

12.26

Ulcer Index

FHAIX:

0.35%

FQTIX:

0.78%

Daily Std Dev

FHAIX:

4.02%

FQTIX:

3.61%

Max Drawdown

FHAIX:

-51.74%

FQTIX:

-23.91%

Current Drawdown

FHAIX:

-0.57%

FQTIX:

-0.50%

Returns By Period

In the year-to-date period, FHAIX achieves a 1.09% return, which is significantly higher than FQTIX's 0.88% return.


FHAIX

YTD

1.09%

1M

-0.06%

6M

2.07%

1Y

8.45%

5Y*

5.09%

10Y*

4.43%

FQTIX

YTD

0.88%

1M

0.25%

6M

1.81%

1Y

9.58%

5Y*

4.00%

10Y*

N/A

*Annualized

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FHAIX vs. FQTIX - Expense Ratio Comparison

FHAIX has a 0.77% expense ratio, which is higher than FQTIX's 0.00% expense ratio.


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%
Expense ratio chart for FQTIX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FHAIX vs. FQTIX — Risk-Adjusted Performance Rank

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

FHAIX
The Risk-Adjusted Performance Rank of FHAIX is 9393
Overall Rank
The Sharpe Ratio Rank of FHAIX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of FHAIX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FHAIX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of FHAIX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of FHAIX is 9696
Martin Ratio Rank

FQTIX
The Risk-Adjusted Performance Rank of FQTIX is 9191
Overall Rank
The Sharpe Ratio Rank of FQTIX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of FQTIX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FQTIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FQTIX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of FQTIX is 9191
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.

FHAIX vs. FQTIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin High Income Fund (FHAIX) and Franklin Templeton SMACS: Series I (FQTIX). 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 chart of Sharpe ratio for FHAIX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.004.002.092.65
The chart of Sortino ratio for FHAIX, currently valued at 3.42, compared to the broader market0.002.004.006.008.0010.0012.003.423.82
The chart of Omega ratio for FHAIX, currently valued at 1.78, compared to the broader market1.002.003.004.001.781.53
The chart of Calmar ratio for FHAIX, currently valued at 6.58, compared to the broader market0.005.0010.0015.0020.006.582.19
The chart of Martin ratio for FHAIX, currently valued at 24.30, compared to the broader market0.0020.0040.0060.0080.0024.3012.26
FHAIX
FQTIX

The current FHAIX Sharpe Ratio is 2.09, which is comparable to the FQTIX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of FHAIX and FQTIX, 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 Ratio2.002.503.003.504.00SeptemberOctoberNovemberDecember2025February
2.09
2.65
FHAIX
FQTIX

Dividends

FHAIX vs. FQTIX - Dividend Comparison

FHAIX's dividend yield for the trailing twelve months is around 5.77%, less than FQTIX's 7.25% yield.


TTM20242023202220212020201920182017201620152014
FHAIX
Franklin High Income Fund
5.77%6.38%6.16%6.09%4.95%5.21%5.48%6.05%5.32%5.66%7.17%6.36%
FQTIX
Franklin Templeton SMACS: Series I
7.25%7.89%7.64%8.09%7.16%6.91%4.33%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FHAIX vs. FQTIX - Drawdown Comparison

The maximum FHAIX drawdown since its inception was -51.74%, which is greater than FQTIX's maximum drawdown of -23.91%. Use the drawdown chart below to compare losses from any high point for FHAIX and FQTIX. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%SeptemberOctoberNovemberDecember2025February
-0.57%
-0.50%
FHAIX
FQTIX

Volatility

FHAIX vs. FQTIX - Volatility Comparison

Franklin High Income Fund (FHAIX) has a higher volatility of 1.43% compared to Franklin Templeton SMACS: Series I (FQTIX) at 0.89%. This indicates that FHAIX's price experiences larger fluctuations and is considered to be riskier than FQTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%SeptemberOctoberNovemberDecember2025February
1.43%
0.89%
FHAIX
FQTIX