FKITX vs. SPYG
Compare and contrast key facts about Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FKITX is managed by Franklin Templeton Investments. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKITX or SPYG.
Correlation
The correlation between FKITX and SPYG is -0.12. 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.
Performance
FKITX vs. SPYG - Performance Comparison
Key characteristics
FKITX:
1.17
SPYG:
1.75
FKITX:
1.70
SPYG:
2.30
FKITX:
1.25
SPYG:
1.32
FKITX:
0.74
SPYG:
2.48
FKITX:
4.01
SPYG:
9.51
FKITX:
0.81%
SPYG:
3.32%
FKITX:
2.77%
SPYG:
18.04%
FKITX:
-12.76%
SPYG:
-67.79%
FKITX:
-0.80%
SPYG:
0.00%
Returns By Period
In the year-to-date period, FKITX achieves a 0.44% return, which is significantly lower than SPYG's 5.11% return. Over the past 10 years, FKITX has underperformed SPYG with an annualized return of 1.58%, while SPYG has yielded a comparatively higher 15.34% annualized return.
FKITX
0.44%
0.89%
1.01%
3.23%
0.74%
1.58%
SPYG
5.11%
2.78%
13.80%
33.79%
16.83%
15.34%
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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.
Risk-Adjusted Performance
FKITX vs. SPYG — Risk-Adjusted Performance Rank
FKITX
SPYG
FKITX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) and 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.
Dividends
FKITX vs. SPYG - Dividend Comparison
FKITX's dividend yield for the trailing twelve months is around 2.99%, more than SPYG's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKITX Franklin Federal Intermediate-Term Tax-Free Income Fund | 2.99% | 2.97% | 2.73% | 2.30% | 2.10% | 2.25% | 2.65% | 2.70% | 2.57% | 2.56% | 2.53% | 2.67% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
FKITX vs. SPYG - Drawdown Comparison
The maximum FKITX drawdown since its inception was -12.76%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FKITX and SPYG. For additional features, visit the drawdowns tool.
Volatility
FKITX vs. SPYG - Volatility Comparison
The current volatility for Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) is 0.87%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.40%. 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.