FKUTX vs. CZA
Compare and contrast key facts about Franklin Utilities Fund (FKUTX) and Invesco Zacks Mid-Cap ETF (CZA).
FKUTX is managed by Franklin Templeton Investments. It was launched on Sep 29, 1948. CZA is a passively managed fund by Invesco that tracks the performance of the Zacks Mid-Cap Core Index. It was launched on Apr 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKUTX or CZA.
Performance
FKUTX vs. CZA - Performance Comparison
Returns By Period
In the year-to-date period, FKUTX achieves a 31.62% return, which is significantly higher than CZA's 16.70% return. Over the past 10 years, FKUTX has underperformed CZA with an annualized return of 6.20%, while CZA has yielded a comparatively higher 9.65% annualized return.
FKUTX
31.62%
-0.28%
14.43%
30.55%
5.39%
6.20%
CZA
16.70%
-0.83%
8.94%
27.43%
9.04%
9.65%
Key characteristics
| FKUTX | CZA | |
|---|---|---|
| Sharpe Ratio | 2.02 | 2.29 |
| Sortino Ratio | 2.61 | 3.20 |
| Omega Ratio | 1.37 | 1.40 |
| Calmar Ratio | 1.49 | 3.15 |
| Martin Ratio | 7.00 | 12.31 |
| Ulcer Index | 4.51% | 2.25% |
| Daily Std Dev | 15.60% | 12.09% |
| Max Drawdown | -44.54% | -53.20% |
| Current Drawdown | -0.56% | -2.68% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FKUTX vs. CZA - Expense Ratio Comparison
FKUTX has a 0.72% expense ratio, which is higher than CZA's 0.69% expense ratio.
Correlation
The correlation between FKUTX and CZA is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FKUTX vs. CZA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Utilities Fund (FKUTX) and Invesco Zacks Mid-Cap ETF (CZA). 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
FKUTX vs. CZA - Dividend Comparison
FKUTX's dividend yield for the trailing twelve months is around 2.03%, more than CZA's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKUTX Franklin Utilities Fund | 2.03% | 2.63% | 2.29% | 2.24% | 2.73% | 2.38% | 2.84% | 2.84% | 2.70% | 3.24% | 2.68% | 3.27% |
CZA Invesco Zacks Mid-Cap ETF | 1.17% | 1.36% | 1.71% | 0.89% | 1.42% | 1.40% | 1.26% | 1.10% | 1.87% | 1.37% | 0.74% | 1.01% |
Drawdowns
FKUTX vs. CZA - Drawdown Comparison
The maximum FKUTX drawdown since its inception was -44.54%, smaller than the maximum CZA drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for FKUTX and CZA. For additional features, visit the drawdowns tool.
Volatility
FKUTX vs. CZA - Volatility Comparison
Franklin Utilities Fund (FKUTX) has a higher volatility of 5.19% compared to Invesco Zacks Mid-Cap ETF (CZA) at 4.12%. This indicates that FKUTX's price experiences larger fluctuations and is considered to be riskier than CZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.