FHAIX vs. FQTIX
Compare and contrast key facts about Franklin High Income Fund (FHAIX) and Franklin Templeton SMACS: Series I (FQTIX).
FHAIX is managed by Franklin Templeton. It was launched on Dec 31, 1969. FQTIX is managed by Franklin Templeton. It was launched on Jun 3, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHAIX or FQTIX.
Correlation
The correlation between FHAIX and FQTIX is 0.63, 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.
Performance
FHAIX vs. FQTIX - Performance Comparison
Key characteristics
FHAIX:
2.12
FQTIX:
1.92
FHAIX:
3.42
FQTIX:
2.65
FHAIX:
1.75
FQTIX:
1.36
FHAIX:
7.10
FQTIX:
1.76
FHAIX:
22.27
FQTIX:
8.87
FHAIX:
0.40%
FQTIX:
0.87%
FHAIX:
4.20%
FQTIX:
4.00%
FHAIX:
-51.73%
FQTIX:
-24.62%
FHAIX:
-0.63%
FQTIX:
-2.03%
Returns By Period
In the year-to-date period, FHAIX achieves a 7.74% return, which is significantly higher than FQTIX's 7.01% return.
FHAIX
7.74%
-0.57%
3.85%
8.91%
4.66%
4.70%
FQTIX
7.01%
-0.99%
4.12%
7.55%
3.29%
N/A
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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.
Risk-Adjusted Performance
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.
Dividends
FHAIX vs. FQTIX - Dividend Comparison
FHAIX's dividend yield for the trailing twelve months is around 5.83%, less than FQTIX's 7.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FQTIX Franklin Templeton SMACS: Series I | 7.15% | 7.64% | 8.09% | 7.16% | 6.91% | 4.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FHAIX vs. FQTIX - Drawdown Comparison
The maximum FHAIX drawdown since its inception was -51.73%, which is greater than FQTIX's maximum drawdown of -24.62%. Use the drawdown chart below to compare losses from any high point for FHAIX and FQTIX. For additional features, visit the drawdowns tool.
Volatility
FHAIX vs. FQTIX - Volatility Comparison
Franklin High Income Fund (FHAIX) has a higher volatility of 1.30% compared to Franklin Templeton SMACS: Series I (FQTIX) at 0.91%. 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.