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

Correlation

The correlation between FHAIX and VWEHX is 0.51, 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.


-0.50.00.51.00.5

Performance

FHAIX vs. VWEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin High Income Fund (FHAIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.85%
4.09%
FHAIX
VWEHX

Key characteristics

Sharpe Ratio

FHAIX:

2.12

VWEHX:

2.06

Sortino Ratio

FHAIX:

3.42

VWEHX:

3.18

Omega Ratio

FHAIX:

1.75

VWEHX:

1.47

Calmar Ratio

FHAIX:

7.10

VWEHX:

3.61

Martin Ratio

FHAIX:

22.16

VWEHX:

11.27

Ulcer Index

FHAIX:

0.40%

VWEHX:

0.60%

Daily Std Dev

FHAIX:

4.17%

VWEHX:

3.26%

Max Drawdown

FHAIX:

-51.73%

VWEHX:

-30.17%

Current Drawdown

FHAIX:

-0.63%

VWEHX:

-1.28%

Returns By Period

In the year-to-date period, FHAIX achieves a 7.74% return, which is significantly higher than VWEHX's 5.79% return. Both investments have delivered pretty close results over the past 10 years, with FHAIX having a 4.70% annualized return and VWEHX not far behind at 4.50%.


FHAIX

YTD

7.74%

1M

-0.57%

6M

3.85%

1Y

8.27%

5Y*

4.67%

10Y*

4.70%

VWEHX

YTD

5.79%

1M

-0.23%

6M

4.09%

1Y

6.51%

5Y*

3.32%

10Y*

4.50%

Compare stocks, funds, or ETFs

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


FHAIX vs. VWEHX - Expense Ratio Comparison

FHAIX has a 0.77% expense ratio, which is higher than VWEHX's 0.23% expense ratio.


FHAIX
Franklin High Income Fund
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 VWEHX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

FHAIX vs. VWEHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin High Income Fund (FHAIX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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-1.000.001.002.003.004.002.122.06
The chart of Sortino ratio for FHAIX, currently valued at 3.42, compared to the broader market-2.000.002.004.006.008.0010.003.423.18
The chart of Omega ratio for FHAIX, currently valued at 1.75, compared to the broader market0.501.001.502.002.503.003.501.751.47
The chart of Calmar ratio for FHAIX, currently valued at 7.10, compared to the broader market0.002.004.006.008.0010.0012.0014.007.103.61
The chart of Martin ratio for FHAIX, currently valued at 22.16, compared to the broader market0.0020.0040.0060.0022.1611.27
FHAIX
VWEHX

The current FHAIX Sharpe Ratio is 2.12, which is comparable to the VWEHX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FHAIX and VWEHX, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.12
2.06
FHAIX
VWEHX

Dividends

FHAIX vs. VWEHX - Dividend Comparison

FHAIX's dividend yield for the trailing twelve months is around 5.83%, less than VWEHX's 6.10% 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%
VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
6.10%5.68%5.11%4.15%4.62%5.25%5.93%5.30%5.39%5.88%5.59%5.79%

Drawdowns

FHAIX vs. VWEHX - Drawdown Comparison

The maximum FHAIX drawdown since its inception was -51.73%, which is greater than VWEHX's maximum drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for FHAIX and VWEHX. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.63%
-1.28%
FHAIX
VWEHX

Volatility

FHAIX vs. VWEHX - Volatility Comparison

Franklin High Income Fund (FHAIX) has a higher volatility of 1.30% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 0.98%. This indicates that FHAIX's price experiences larger fluctuations and is considered to be riskier than VWEHX 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%JulyAugustSeptemberOctoberNovemberDecember
1.30%
0.98%
FHAIX
VWEHX
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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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