FHRRX vs. VWEHX
Compare and contrast key facts about Franklin High Income Fund (FHRRX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX).
FHRRX is managed by Franklin Templeton. It was launched on May 1, 2013. VWEHX is managed by Vanguard. It was launched on Dec 27, 1978.
Performance
FHRRX vs. VWEHX - Performance Comparison
Loading graphics...
FHRRX vs. VWEHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHRRX Franklin High Income Fund | -1.19% | 7.51% | 8.12% | 14.21% | -9.60% | 5.78% | 6.49% | 15.26% | -3.45% | 7.02% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | -1.15% | 9.38% | 6.33% | 11.66% | -9.04% | 2.97% | 5.30% | 15.81% | -2.93% | 7.05% |
Returns By Period
The year-to-date returns for both investments are quite close, with FHRRX having a -1.19% return and VWEHX slightly higher at -1.15%. Over the past 10 years, FHRRX has outperformed VWEHX with an annualized return of 6.46%, while VWEHX has yielded a comparatively lower 5.18% annualized return.
FHRRX
- 1D
- 0.58%
- 1M
- -1.70%
- YTD
- -1.19%
- 6M
- 0.51%
- 1Y
- 6.85%
- 3Y*
- 7.99%
- 5Y*
- 4.38%
- 10Y*
- 6.46%
VWEHX
- 1D
- 0.55%
- 1M
- -1.62%
- YTD
- -1.15%
- 6M
- 0.56%
- 1Y
- 6.47%
- 3Y*
- 7.55%
- 5Y*
- 3.89%
- 10Y*
- 5.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHRRX vs. VWEHX - Expense Ratio Comparison
FHRRX has a 0.50% expense ratio, which is higher than VWEHX's 0.23% expense ratio.
Return for Risk
FHRRX vs. VWEHX — Risk / Return Rank
FHRRX
VWEHX
FHRRX vs. VWEHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin High Income Fund (FHRRX) 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.
| FHRRX | VWEHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.90 | -0.49 |
Sortino ratioReturn per unit of downside risk | 1.92 | 2.86 | -0.93 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.46 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.79 | -0.43 |
Martin ratioReturn relative to average drawdown | 11.11 | 11.37 | -0.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHRRX | VWEHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.90 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.80 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.99 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.87 | -0.19 |
Correlation
The correlation between FHRRX and VWEHX is 0.57, 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. VWEHX - Dividend Comparison
FHRRX's dividend yield for the trailing twelve months is around 6.13%, more than VWEHX's 5.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHRRX Franklin High Income Fund | 6.13% | 4.91% | 6.63% | 6.36% | 6.28% | 5.09% | 5.48% | 5.71% | 6.36% | 5.74% | 6.14% | 7.53% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 5.78% | 6.15% | 6.11% | 5.68% | 5.11% | 3.43% | 4.62% | 5.24% | 5.94% | 5.29% | 5.41% | 6.42% |
Drawdowns
FHRRX vs. VWEHX - Drawdown Comparison
The maximum FHRRX drawdown since its inception was -21.17%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for FHRRX and VWEHX.
Loading graphics...
Drawdown Indicators
| FHRRX | VWEHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -30.17% | +9.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.52% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -14.02% | -13.83% | -0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -20.48% | -19.69% | -0.79% |
Current DrawdownCurrent decline from peak | -1.75% | -1.80% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -2.89% | -4.30% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 0.62% | 0.00% |
Volatility
FHRRX vs. VWEHX - Volatility Comparison
Franklin High Income Fund (FHRRX) has a higher volatility of 1.91% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 1.39%. This indicates that FHRRX'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.
Loading graphics...
Volatility by Period
| FHRRX | VWEHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 1.39% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 3.08% | 2.29% | +0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.88% | 3.45% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.87% | 4.85% | +1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.30% | 5.26% | +1.04% |