FKINX vs. RSP
Compare and contrast key facts about Franklin Income Fund Class A1 (FKINX) and Invesco S&P 500® Equal Weight ETF (RSP).
FKINX is managed by Franklin Templeton. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKINX or RSP.
Key characteristics
| FKINX | RSP | |
|---|---|---|
| YTD Return | 0.85% | 3.53% |
| 1Y Return | 5.22% | 15.92% |
| 3Y Return (Ann) | 3.55% | 4.94% |
| 5Y Return (Ann) | 5.58% | 10.55% |
| 10Y Return (Ann) | 4.72% | 10.27% |
| Sharpe Ratio | 0.79 | 1.12 |
| Daily Std Dev | 7.17% | 12.49% |
| Max Drawdown | -43.23% | -59.92% |
| Current Drawdown | -2.13% | -3.94% |
Correlation
The correlation between FKINX and RSP is 0.77, 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
FKINX vs. RSP - Performance Comparison
In the year-to-date period, FKINX achieves a 0.85% return, which is significantly lower than RSP's 3.53% return. Over the past 10 years, FKINX has underperformed RSP with an annualized return of 4.72%, while RSP has yielded a comparatively higher 10.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FKINX vs. RSP - Expense Ratio Comparison
FKINX has a 0.62% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
FKINX vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Income Fund Class A1 (FKINX) and Invesco S&P 500® Equal Weight ETF (RSP). 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
FKINX vs. RSP - Dividend Comparison
FKINX's dividend yield for the trailing twelve months is around 5.87%, more than RSP's 1.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKINX Franklin Income Fund Class A1 | 5.87% | 5.51% | 5.22% | 6.52% | 5.22% | 5.11% | 5.61% | 5.04% | 5.19% | 5.71% | 5.02% | 5.35% |
RSP Invesco S&P 500® Equal Weight ETF | 1.58% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.45% | 1.27% |
Drawdowns
FKINX vs. RSP - Drawdown Comparison
The maximum FKINX drawdown since its inception was -43.23%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for FKINX and RSP. For additional features, visit the drawdowns tool.
Volatility
FKINX vs. RSP - Volatility Comparison
The current volatility for Franklin Income Fund Class A1 (FKINX) is 2.09%, while Invesco S&P 500® Equal Weight ETF (RSP) has a volatility of 3.74%. This indicates that FKINX experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.