FISEX vs. QQQ
Compare and contrast key facts about Franklin Equity Income Fund (FISEX) and Invesco QQQ (QQQ).
FISEX is managed by Franklin Templeton. It was launched on Mar 15, 1988. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISEX or QQQ.
Key characteristics
| FISEX | QQQ | |
|---|---|---|
| YTD Return | 19.68% | 21.73% |
| 1Y Return | 34.55% | 42.44% |
| 3Y Return (Ann) | 7.37% | 9.48% |
| 5Y Return (Ann) | 11.02% | 20.93% |
| 10Y Return (Ann) | 9.72% | 18.21% |
| Sharpe Ratio | 3.54 | 2.51 |
| Sortino Ratio | 4.89 | 3.25 |
| Omega Ratio | 1.66 | 1.45 |
| Calmar Ratio | 3.35 | 3.18 |
| Martin Ratio | 27.91 | 11.66 |
| Ulcer Index | 1.27% | 3.70% |
| Daily Std Dev | 10.04% | 17.16% |
| Max Drawdown | -56.57% | -82.98% |
| Current Drawdown | -2.32% | -1.17% |
Correlation
The correlation between FISEX and QQQ is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FISEX vs. QQQ - Performance Comparison
In the year-to-date period, FISEX achieves a 19.68% return, which is significantly lower than QQQ's 21.73% return. Over the past 10 years, FISEX has underperformed QQQ with an annualized return of 9.72%, while QQQ has yielded a comparatively higher 18.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FISEX vs. QQQ - Expense Ratio Comparison
FISEX has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FISEX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Equity Income Fund (FISEX) and Invesco QQQ (QQQ). 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
FISEX vs. QQQ - Dividend Comparison
FISEX's dividend yield for the trailing twelve months is around 3.56%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISEX Franklin Equity Income Fund | 3.56% | 4.18% | 5.60% | 7.09% | 3.05% | 4.99% | 6.99% | 4.81% | 6.45% | 5.37% | 7.53% | 2.62% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
FISEX vs. QQQ - Drawdown Comparison
The maximum FISEX drawdown since its inception was -56.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FISEX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FISEX vs. QQQ - Volatility Comparison
The current volatility for Franklin Equity Income Fund (FISEX) is 2.59%, while Invesco QQQ (QQQ) has a volatility of 3.68%. This indicates that FISEX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.