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FHRRX vs. RITGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHRRX vs. RITGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin High Income Fund (FHRRX) and American Funds American High-Income Trust® Class R-6 (RITGX). The values are adjusted to include any dividend payments, if applicable.

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FHRRX vs. RITGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHRRX
Franklin High Income Fund
-1.77%7.51%8.12%14.21%-9.60%5.78%6.49%15.26%-3.45%7.02%
RITGX
American Funds American High-Income Trust® Class R-6
-1.08%8.69%9.91%12.54%-10.10%8.74%7.44%12.28%-1.46%7.70%

Returns By Period

In the year-to-date period, FHRRX achieves a -1.77% return, which is significantly lower than RITGX's -1.08% return. Both investments have delivered pretty close results over the past 10 years, with FHRRX having a 6.40% annualized return and RITGX not far ahead at 6.51%.


FHRRX

1D
0.00%
1M
-2.27%
YTD
-1.77%
6M
-0.07%
1Y
6.23%
3Y*
7.78%
5Y*
4.37%
10Y*
6.40%

RITGX

1D
0.00%
1M
-2.41%
YTD
-1.08%
6M
0.29%
1Y
6.25%
3Y*
8.89%
5Y*
4.84%
10Y*
6.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHRRX vs. RITGX - Expense Ratio Comparison

FHRRX has a 0.50% expense ratio, which is higher than RITGX's 0.32% expense ratio.


Return for Risk

FHRRX vs. RITGX — Risk / Return Rank

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

FHRRX
FHRRX Risk / Return Rank: 8383
Overall Rank
FHRRX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FHRRX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FHRRX Omega Ratio Rank: 9393
Omega Ratio Rank
FHRRX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FHRRX Martin Ratio Rank: 9090
Martin Ratio Rank

RITGX
RITGX Risk / Return Rank: 8282
Overall Rank
RITGX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
RITGX Sortino Ratio Rank: 8080
Sortino Ratio Rank
RITGX Omega Ratio Rank: 8787
Omega Ratio Rank
RITGX Calmar Ratio Rank: 7979
Calmar Ratio Rank
RITGX Martin Ratio Rank: 8181
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.

FHRRX vs. RITGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin High Income Fund (FHRRX) and American Funds American High-Income Trust® Class R-6 (RITGX). 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.


FHRRXRITGXDifference

Sharpe ratio

Return per unit of total volatility

1.29

1.55

-0.26

Sortino ratio

Return per unit of downside risk

1.76

2.01

-0.26

Omega ratio

Gain probability vs. loss probability

1.46

1.37

+0.09

Calmar ratio

Return relative to maximum drawdown

2.14

1.86

+0.28

Martin ratio

Return relative to average drawdown

10.27

7.98

+2.29

FHRRX vs. RITGX - Sharpe Ratio Comparison

The current FHRRX Sharpe Ratio is 1.29, which is comparable to the RITGX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of FHRRX and RITGX, 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


FHRRXRITGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

1.55

-0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.98

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.02

1.18

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.67

1.18

-0.51

Correlation

The correlation between FHRRX and RITGX is 0.59, 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.


Dividends

FHRRX vs. RITGX - Dividend Comparison

FHRRX's dividend yield for the trailing twelve months is around 6.17%, less than RITGX's 6.25% yield.


TTM20252024202320222021202020192018201720162015
FHRRX
Franklin High Income Fund
6.17%4.91%6.63%6.36%6.28%5.09%5.48%5.71%6.36%5.74%6.14%7.53%
RITGX
American Funds American High-Income Trust® Class R-6
6.25%6.63%6.66%6.80%4.50%4.65%6.19%6.56%6.68%6.36%5.36%7.29%

Drawdowns

FHRRX vs. RITGX - Drawdown Comparison

The maximum FHRRX drawdown since its inception was -21.17%, roughly equal to the maximum RITGX drawdown of -21.20%. Use the drawdown chart below to compare losses from any high point for FHRRX and RITGX.


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Drawdown Indicators


FHRRXRITGXDifference

Max Drawdown

Largest peak-to-trough decline

-21.17%

-21.20%

+0.03%

Max Drawdown (1Y)

Largest decline over 1 year

-2.91%

-3.38%

+0.47%

Max Drawdown (5Y)

Largest decline over 5 years

-14.02%

-13.75%

-0.27%

Max Drawdown (10Y)

Largest decline over 10 years

-20.48%

-21.20%

+0.72%

Current Drawdown

Current decline from peak

-2.32%

-2.41%

+0.09%

Average Drawdown

Average peak-to-trough decline

-2.89%

-2.25%

-0.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.61%

0.79%

-0.18%

Volatility

FHRRX vs. RITGX - Volatility Comparison

Franklin High Income Fund (FHRRX) has a higher volatility of 1.79% compared to American Funds American High-Income Trust® Class R-6 (RITGX) at 1.16%. This indicates that FHRRX's price experiences larger fluctuations and is considered to be riskier than RITGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHRRXRITGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.79%

1.16%

+0.63%

Volatility (6M)

Calculated over the trailing 6-month period

3.02%

2.31%

+0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

4.86%

4.31%

+0.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.87%

4.99%

+0.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.30%

5.51%

+0.79%