FKITX vs. SPYG
Compare and contrast key facts about Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG).
FKITX is managed by Franklin Templeton. It was launched on Sep 20, 1992. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Performance
FKITX vs. SPYG - Performance Comparison
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FKITX vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FKITX Franklin Federal Intermediate-Term Tax-Free Income Fund | -0.24% | 5.85% | 3.13% | 5.38% | -8.00% | 0.79% | 4.32% | 5.26% | 0.69% | 3.21% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | -6.91% | 22.09% | 35.99% | 30.02% | -29.41% | 32.01% | 33.46% | 30.84% | -0.12% | 27.24% |
Returns By Period
In the year-to-date period, FKITX achieves a -0.24% return, which is significantly higher than SPYG's -6.91% return. Over the past 10 years, FKITX has underperformed SPYG with an annualized return of 1.77%, while SPYG has yielded a comparatively higher 15.90% annualized return.
FKITX
- 1D
- 0.27%
- 1M
- -2.08%
- YTD
- -0.24%
- 6M
- 1.09%
- 1Y
- 4.39%
- 3Y*
- 3.88%
- 5Y*
- 1.35%
- 10Y*
- 1.77%
SPYG
- 1D
- 1.32%
- 1M
- -4.24%
- YTD
- -6.91%
- 6M
- -5.21%
- 1Y
- 23.24%
- 3Y*
- 22.39%
- 5Y*
- 12.53%
- 10Y*
- 15.90%
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FKITX vs. SPYG - Expense Ratio Comparison
FKITX has a 0.56% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Return for Risk
FKITX vs. SPYG — Risk / Return Rank
FKITX
SPYG
FKITX vs. SPYG - 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 State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
| FKITX | SPYG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 1.04 | +0.17 |
Sortino ratioReturn per unit of downside risk | 1.63 | 1.62 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.75 | -0.34 |
Martin ratioReturn relative to average drawdown | 5.44 | 6.81 | -1.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FKITX | SPYG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.04 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.60 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.78 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.32 | +0.84 |
Correlation
The correlation between FKITX and SPYG is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FKITX vs. SPYG - Dividend Comparison
FKITX's dividend yield for the trailing twelve months is around 3.38%, more than SPYG's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKITX Franklin Federal Intermediate-Term Tax-Free Income Fund | 3.38% | 4.29% | 3.52% | 2.49% | 2.30% | 2.10% | 2.24% | 3.03% | 2.68% | 2.34% | 2.54% | 2.50% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Drawdowns
FKITX vs. SPYG - Drawdown Comparison
The maximum FKITX drawdown since its inception was -12.77%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for FKITX and SPYG.
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Drawdown Indicators
| FKITX | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.77% | -67.63% | +54.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -13.76% | +9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -12.77% | -32.67% | +19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -12.77% | -32.67% | +19.90% |
Current DrawdownCurrent decline from peak | -2.33% | -9.06% | +6.73% |
Average DrawdownAverage peak-to-trough decline | -1.58% | -24.48% | +22.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 3.55% | -2.54% |
Volatility
FKITX vs. SPYG - Volatility Comparison
The current volatility for Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) is 1.03%, while State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 7.32%. This indicates that FKITX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FKITX | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 7.32% | -6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 1.59% | 12.90% | -11.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.02% | 22.42% | -18.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.29% | 21.13% | -17.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.27% | 20.57% | -17.30% |