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FKITX vs. FXIEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FKITX vs. FXIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) and PIMCO Fixed Income SHares: Series TE (FXIEX). The values are adjusted to include any dividend payments, if applicable.

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FKITX vs. FXIEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FKITX
Franklin Federal Intermediate-Term Tax-Free Income Fund
-0.50%5.85%3.13%5.38%-8.00%0.79%4.32%5.26%0.69%3.21%
FXIEX
PIMCO Fixed Income SHares: Series TE
-0.72%3.37%5.16%8.92%-10.89%2.19%7.22%8.45%1.00%7.71%

Returns By Period

In the year-to-date period, FKITX achieves a -0.50% return, which is significantly higher than FXIEX's -0.72% return. Over the past 10 years, FKITX has underperformed FXIEX with an annualized return of 1.74%, while FXIEX has yielded a comparatively higher 2.74% annualized return.


FKITX

1D
0.18%
1M
-2.59%
YTD
-0.50%
6M
0.91%
1Y
4.48%
3Y*
3.78%
5Y*
1.32%
10Y*
1.74%

FXIEX

1D
0.10%
1M
-2.32%
YTD
-0.72%
6M
0.00%
1Y
2.29%
3Y*
4.64%
5Y*
1.48%
10Y*
2.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FKITX vs. FXIEX - Expense Ratio Comparison

FKITX has a 0.56% expense ratio, which is higher than FXIEX's 0.07% expense ratio.


Return for Risk

FKITX vs. FXIEX — Risk / Return Rank

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

FKITX
FKITX Risk / Return Rank: 6969
Overall Rank
FKITX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
FKITX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FKITX Omega Ratio Rank: 8585
Omega Ratio Rank
FKITX Calmar Ratio Rank: 6060
Calmar Ratio Rank
FKITX Martin Ratio Rank: 5757
Martin Ratio Rank

FXIEX
FXIEX Risk / Return Rank: 2828
Overall Rank
FXIEX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FXIEX Sortino Ratio Rank: 3030
Sortino Ratio Rank
FXIEX Omega Ratio Rank: 4545
Omega Ratio Rank
FXIEX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FXIEX Martin Ratio Rank: 1515
Martin Ratio Rank
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.

FKITX vs. FXIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) and PIMCO Fixed Income SHares: Series TE (FXIEX). 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.


FKITXFXIEXDifference

Sharpe ratio

Return per unit of total volatility

1.31

0.74

+0.57

Sortino ratio

Return per unit of downside risk

1.78

1.06

+0.72

Omega ratio

Gain probability vs. loss probability

1.36

1.19

+0.17

Calmar ratio

Return relative to maximum drawdown

1.41

0.48

+0.93

Martin ratio

Return relative to average drawdown

5.51

1.44

+4.07

FKITX vs. FXIEX - Sharpe Ratio Comparison

The current FKITX Sharpe Ratio is 1.31, which is higher than the FXIEX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of FKITX and FXIEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FKITXFXIEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

0.74

+0.57

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.40

0.36

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.69

-0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

1.15

0.56

+0.60

Correlation

The correlation between FKITX and FXIEX 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.


Dividends

FKITX vs. FXIEX - Dividend Comparison

FKITX's dividend yield for the trailing twelve months is around 3.39%, more than FXIEX's 2.03% yield.


TTM20252024202320222021202020192018201720162015
FKITX
Franklin Federal Intermediate-Term Tax-Free Income Fund
3.39%4.29%3.52%2.49%2.30%2.10%2.24%3.03%2.68%2.34%2.54%2.50%
FXIEX
PIMCO Fixed Income SHares: Series TE
2.03%2.75%4.53%3.98%3.25%2.63%3.37%3.63%3.79%2.67%0.00%0.00%

Drawdowns

FKITX vs. FXIEX - Drawdown Comparison

The maximum FKITX drawdown since its inception was -12.77%, smaller than the maximum FXIEX drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for FKITX and FXIEX.


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Drawdown Indicators


FKITXFXIEXDifference

Max Drawdown

Largest peak-to-trough decline

-12.77%

-15.25%

+2.48%

Max Drawdown (1Y)

Largest decline over 1 year

-3.90%

-5.11%

+1.21%

Max Drawdown (5Y)

Largest decline over 5 years

-12.77%

-15.25%

+2.48%

Max Drawdown (10Y)

Largest decline over 10 years

-12.77%

-15.25%

+2.48%

Current Drawdown

Current decline from peak

-2.59%

-2.32%

-0.27%

Average Drawdown

Average peak-to-trough decline

-1.58%

-2.92%

+1.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.00%

1.83%

-0.83%

Volatility

FKITX vs. FXIEX - Volatility Comparison

The current volatility for Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) is 0.97%, while PIMCO Fixed Income SHares: Series TE (FXIEX) has a volatility of 1.03%. This indicates that FKITX experiences smaller price fluctuations and is considered to be less risky than FXIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FKITXFXIEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.97%

1.03%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

1.57%

2.31%

-0.74%

Volatility (1Y)

Calculated over the trailing 1-year period

4.02%

5.73%

-1.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.28%

4.30%

-1.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.27%

4.07%

-0.80%