FKINX vs. EMF
FKINX (Franklin Income Fund Class A1) and EMF (Templeton Emerging Markets Fund) are both mutual funds - FKINX is a Diversified Portfolio fund actively managed by Franklin Templeton, while EMF is a Emerging Markets Equities fund actively managed by Franklin Templeton. Both are actively managed. Over the past 10 years, FKINX returned 7.09%/yr vs 13.35%/yr for EMF. Their 0.42 correlation means their historical movements had little consistent relationship. FKINX charges 0.61%/yr vs 1.43%/yr for EMF.
Performance
FKINX vs. EMF - Performance Comparison
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Returns By Period
In the year-to-date period, FKINX achieves a 5.21% return, which is significantly lower than EMF's 27.21% return. Over the past 10 years, FKINX has underperformed EMF with an annualized return of 7.09%, while EMF has yielded a comparatively higher 13.35% annualized return.
FKINX
- 1D
- 0.00%
- 1M
- -0.39%
- 6M
- 2.28%
- YTD
- 5.21%
- 1Y
- 11.90%
- 3Y*
- 9.18%
- 5Y*
- 6.35%
- 10Y*
- 7.09%
- ALL TIME*
- 7.90%
EMF
- 1D
- 1.68%
- 1M
- -5.02%
- 6M
- 9.69%
- YTD
- 27.21%
- 1Y
- 55.05%
- 3Y*
- 28.54%
- 5Y*
- 12.12%
- 10Y*
- 13.35%
- ALL TIME*
- 6.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.08M | $849.02K | $917.55K | |
| $0.00 | $0.00 | $0.00 |
FKINX vs. EMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FKINX Franklin Income Fund Class A1 | 5.21% | 12.24% | 7.12% | 8.65% | -5.29% | 17.21% | 3.57% | 15.75% | -5.54% | 8.43% |
EMF Templeton Emerging Markets Fund | 27.21% | 58.20% | 6.56% | 8.84% | -21.53% | -8.23% | 24.48% | 27.20% | -14.78% | 53.55% |
Correlation
The correlation between FKINX and EMF is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 1990 | 0.42 |
Over the past year, the correlation between FKINX and EMF has dropped to 0.21 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
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Return for Risk
FKINX vs. EMF — Risk / Return Rank
FKINX
EMF
FKINX vs. EMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Income Fund Class A1 (FKINX) and Templeton Emerging Markets Fund (EMF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FKINX | EMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 2.86 | +0.37 |
| Martin ratioReturn relative to average drawdown | 13.17 | 9.04 | +4.12 |
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Drawdowns
FKINX vs. EMF - Drawdown Comparison
The maximum FKINX drawdown since its inception was -43.18%, smaller than the maximum EMF drawdown of -76.97%. Use the drawdown chart below to compare losses from any high point for FKINX and EMF.
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Drawdown Indicators
| FKINX | EMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.18% | -76.97% | +33.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | -19.48% | +16.05% |
Max Drawdown (3Y)Largest decline over 3 years | -7.42% | -19.48% | +12.06% |
Max Drawdown (5Y)Largest decline over 5 years | -13.20% | -40.33% | +27.13% |
Max Drawdown (10Y)Largest decline over 10 years | -23.91% | -47.65% | +23.74% |
Current DrawdownCurrent decline from peak | -0.39% | -13.30% | +12.91% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -28.90% | +25.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 6.15% | -5.31% |
Volatility
FKINX vs. EMF - Volatility Comparison
The current volatility for Franklin Income Fund Class A1 (FKINX) is 1.56%, while Templeton Emerging Markets Fund (EMF) has a volatility of 9.86%. This indicates that FKINX experiences smaller price fluctuations and is considered to be less risky than EMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FKINX | EMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 9.86% | -8.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.93% | 23.40% | -19.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.49% | 26.33% | -20.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.84% | 21.21% | -13.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.17% | 20.86% | -11.69% |
FKINX vs. EMF - Expense Ratio Comparison
FKINX has a 0.61% expense ratio, which is lower than EMF's 1.43% expense ratio.
Dividends
FKINX vs. EMF - Dividend Comparison
FKINX's dividend yield for the trailing twelve months is around 5.56%, less than EMF's 7.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMF Templeton Emerging Markets Fund | 7.91% | 9.73% | 4.28% | 6.22% | 9.89% | 6.92% | 3.51% | 7.36% | 5.92% | 12.11% | 1.62% | 12.81% |
FKINX Franklin Income Fund Class A1 | 5.13% | 5.58% | 5.59% | 5.52% | 5.22% | 6.52% | 5.22% | 5.11% | 5.34% | 5.04% | 5.19% | 5.71% |
Frequently Asked Questions
FKINX and EMF have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMF has higher volatility (9.86%) compared to FKINX (1.56%). In terms of maximum drawdown, FKINX dropped -43.18% vs EMF's -76.97%.
EMF currently has the higher Sharpe Ratio (2.12 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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