FKIQX vs. FDVV

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin Income Fund Class A (FKIQX) and Fidelity High Dividend ETF (FDVV).

FKIQX is an actively managed fund by Franklin Templeton. It was launched on Sep 10, 2018. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.

Performance

FKIQX vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Income Fund Class A (FKIQX) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

FKIQX vs. FDVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FKIQX Franklin Income Fund Class A	2.95%	11.66%	7.04%	8.57%	-5.59%	17.58%	3.46%	15.69%	-6.59%
FDVV Fidelity High Dividend ETF	-1.50%	17.08%	21.81%	18.00%	-4.21%	29.24%	2.80%	24.07%	-9.84%

Returns By Period

In the year-to-date period, FKIQX achieves a 2.95% return, which is significantly higher than FDVV's -1.50% return.

FKIQX

• 1D: 0.80%
• 1M: -1.56%
• YTD: 2.95%
• 6M: 5.01%
• 1Y: 12.44%
• 3Y*: 8.99%
• 5Y*: 6.49%
• 10Y*: —

FDVV

• 1D: 0.29%
• 1M: -4.85%
• YTD: -1.50%
• 6M: 0.38%
• 1Y: 15.18%
• 3Y*: 17.01%
• 5Y*: 12.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FKIQX vs. FDVV - Expense Ratio Comparison

FKIQX has a 0.71% expense ratio, which is higher than FDVV's 0.29% expense ratio.

FKIQX

Franklin Income Fund Class A

FDVV

Fidelity High Dividend ETF

Return for Risk

FKIQX vs. FDVV — Risk / Return Rank

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

FKIQX

FKIQX Risk / Return Rank: 83
FKIQX Sharpe Ratio Rank: 81
FKIQX Sortino Ratio Rank: 84
FKIQX Omega Ratio Rank: 87
FKIQX Calmar Ratio Rank: 75
FKIQX Martin Ratio Rank: 88

FDVV

FDVV Risk / Return Rank: 53
FDVV Sharpe Ratio Rank: 53
FDVV Sortino Ratio Rank: 53
FDVV Omega Ratio Rank: 60
FDVV Calmar Ratio Rank: 45
FDVV Martin Ratio Rank: 53

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.

FKIQX vs. FDVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Income Fund Class A (FKIQX) and Fidelity High Dividend ETF (FDVV). 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.

	FKIQX	FDVV	Difference
Sharpe ratio Return per unit of total volatility	1.58	1.00	+0.59
Sortino ratio Return per unit of downside risk	2.30	1.44	+0.86
Omega ratio Gain probability vs. loss probability	1.39	1.23	+0.16
Calmar ratio Return relative to maximum drawdown	1.92	1.23	+0.69
Martin ratio Return relative to average drawdown	9.88	5.34	+4.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FKIQX vs. FDVV - Sharpe Ratio Comparison

The current FKIQX Sharpe Ratio is 1.58, which is higher than the FDVV Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of FKIQX and FDVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FKIQX	FDVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	1.00	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.87	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.74	-0.06

Correlation

The correlation between FKIQX and FDVV is 0.80, 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.

Dividends

FKIQX vs. FDVV - Dividend Comparison

FKIQX's dividend yield for the trailing twelve months is around 5.03%, more than FDVV's 2.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FKIQX Franklin Income Fund Class A	5.03%	5.08%	5.52%	5.45%	5.35%	6.40%	5.14%	5.03%	1.38%	0.00%	0.00%
FDVV Fidelity High Dividend ETF	2.99%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%

Drawdowns

FKIQX vs. FDVV - Drawdown Comparison

The maximum FKIQX drawdown since its inception was -25.31%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FKIQX and FDVV.

Drawdown Indicators

	FKIQX	FDVV	Difference
Max Drawdown Largest peak-to-trough decline	-25.31%	-40.25%	+14.94%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	-12.34%	+5.59%
Max Drawdown (5Y) Largest decline over 5 years	-13.70%	-20.18%	+6.48%
Current Drawdown Current decline from peak	-1.90%	-6.78%	+4.88%
Average Drawdown Average peak-to-trough decline	-2.95%	-3.85%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	2.84%	-1.53%

Volatility

FKIQX vs. FDVV - Volatility Comparison

The current volatility for Franklin Income Fund Class A (FKIQX) is 2.04%, while Fidelity High Dividend ETF (FDVV) has a volatility of 4.47%. This indicates that FKIQX experiences smaller price fluctuations and is considered to be less risky than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FKIQX	FDVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.04%	4.47%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	3.75%	7.68%	-3.93%
Volatility (1Y) Calculated over the trailing 1-year period	7.94%	15.32%	-7.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.92%	14.74%	-6.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.21%	17.08%	-6.87%