FKUTX vs. GBAB
Compare and contrast key facts about Franklin Utilities Fund (FKUTX) and Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB).
FKUTX is managed by Franklin Templeton Investments. It was launched on Sep 29, 1948.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKUTX or GBAB.
Key characteristics
| FKUTX | GBAB | |
|---|---|---|
| YTD Return | 27.66% | 20.33% |
| 1Y Return | 27.12% | 28.20% |
| 3Y Return (Ann) | 10.65% | -1.89% |
| 5Y Return (Ann) | 7.79% | 2.23% |
| 10Y Return (Ann) | 8.98% | 5.98% |
| Sharpe Ratio | 1.69 | 1.84 |
| Daily Std Dev | 16.11% | 15.38% |
| Max Drawdown | -43.61% | -35.81% |
| Current Drawdown | -0.16% | -6.55% |
Correlation
The correlation between FKUTX and GBAB is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FKUTX vs. GBAB - Performance Comparison
In the year-to-date period, FKUTX achieves a 27.66% return, which is significantly higher than GBAB's 20.33% return. Over the past 10 years, FKUTX has outperformed GBAB with an annualized return of 8.98%, while GBAB has yielded a comparatively lower 5.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FKUTX vs. GBAB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Utilities Fund (FKUTX) and Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB). 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. GBAB - Dividend Comparison
FKUTX's dividend yield for the trailing twelve months is around 5.12%, less than GBAB's 8.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKUTX Franklin Utilities Fund | 5.12% | 6.46% | 3.73% | 4.96% | 9.88% | 3.95% | 5.83% | 4.19% | 2.76% | 6.14% | 2.59% | 3.51% |
GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust | 8.29% | 9.32% | 9.22% | 6.36% | 5.93% | 6.37% | 6.88% | 6.64% | 7.51% | 7.78% | 7.48% | 8.31% |
Drawdowns
FKUTX vs. GBAB - Drawdown Comparison
The maximum FKUTX drawdown since its inception was -43.61%, which is greater than GBAB's maximum drawdown of -35.81%. Use the drawdown chart below to compare losses from any high point for FKUTX and GBAB. For additional features, visit the drawdowns tool.
Volatility
FKUTX vs. GBAB - Volatility Comparison
The current volatility for Franklin Utilities Fund (FKUTX) is 2.48%, while Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) has a volatility of 3.64%. This indicates that FKUTX experiences smaller price fluctuations and is considered to be less risky than GBAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.