FRCOX vs. FCOTX
Compare and contrast key facts about Franklin Colorado Tax Free Income Fund (FRCOX) and Nuveen Colorado Municipal Bond Fund (FCOTX).
FRCOX is managed by Franklin Templeton. It was launched on Aug 31, 1987. FCOTX is managed by Nuveen. It was launched on May 3, 1987.
Performance
FRCOX vs. FCOTX - Performance Comparison
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FRCOX vs. FCOTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRCOX Franklin Colorado Tax Free Income Fund | -0.80% | 4.72% | 3.21% | 5.98% | -10.92% | 1.60% | 4.97% | 7.07% | 1.02% | 2.48% |
FCOTX Nuveen Colorado Municipal Bond Fund | -0.61% | 2.53% | 2.07% | 6.71% | -9.92% | 1.52% | 5.31% | 7.70% | 0.87% | 5.79% |
Returns By Period
In the year-to-date period, FRCOX achieves a -0.80% return, which is significantly lower than FCOTX's -0.61% return. Over the past 10 years, FRCOX has underperformed FCOTX with an annualized return of 1.80%, while FCOTX has yielded a comparatively higher 1.94% annualized return.
FRCOX
- 1D
- 0.19%
- 1M
- -2.53%
- YTD
- -0.80%
- 6M
- 1.18%
- 1Y
- 3.72%
- 3Y*
- 3.49%
- 5Y*
- 0.69%
- 10Y*
- 1.80%
FCOTX
- 1D
- 0.20%
- 1M
- -2.18%
- YTD
- -0.61%
- 6M
- 1.00%
- 1Y
- 2.56%
- 3Y*
- 2.67%
- 5Y*
- 0.43%
- 10Y*
- 1.94%
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FRCOX vs. FCOTX - Expense Ratio Comparison
FRCOX has a 0.70% expense ratio, which is lower than FCOTX's 0.77% expense ratio.
Return for Risk
FRCOX vs. FCOTX — Risk / Return Rank
FRCOX
FCOTX
FRCOX vs. FCOTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Colorado Tax Free Income Fund (FRCOX) and Nuveen Colorado Municipal Bond Fund (FCOTX). 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.
| FRCOX | FCOTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.63 | +0.22 |
Sortino ratioReturn per unit of downside risk | 1.15 | 0.86 | +0.30 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 0.59 | +0.32 |
Martin ratioReturn relative to average drawdown | 2.72 | 1.60 | +1.12 |
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
| FRCOX | FCOTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.63 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.11 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.45 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.13 | -0.02 |
Correlation
The correlation between FRCOX and FCOTX is 0.72, 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
FRCOX vs. FCOTX - Dividend Comparison
FRCOX's dividend yield for the trailing twelve months is around 3.34%, which matches FCOTX's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRCOX Franklin Colorado Tax Free Income Fund | 3.34% | 4.33% | 3.73% | 2.66% | 2.74% | 2.17% | 2.52% | 3.57% | 3.30% | 3.16% | 3.80% | 3.85% |
FCOTX Nuveen Colorado Municipal Bond Fund | 3.34% | 3.55% | 3.44% | 3.62% | 2.59% | 1.77% | 2.27% | 2.92% | 3.30% | 3.15% | 3.39% | 3.63% |
Drawdowns
FRCOX vs. FCOTX - Drawdown Comparison
The maximum FRCOX drawdown since its inception was -15.80%, smaller than the maximum FCOTX drawdown of -17.83%. Use the drawdown chart below to compare losses from any high point for FRCOX and FCOTX.
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Drawdown Indicators
| FRCOX | FCOTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.80% | -17.83% | +2.03% |
Max Drawdown (1Y)Largest decline over 1 year | -5.33% | -5.17% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -15.64% | -15.40% | -0.24% |
Max Drawdown (10Y)Largest decline over 10 years | -15.64% | -15.40% | -0.24% |
Current DrawdownCurrent decline from peak | -2.53% | -2.18% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -2.34% | +0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 1.92% | -0.13% |
Volatility
FRCOX vs. FCOTX - Volatility Comparison
Franklin Colorado Tax Free Income Fund (FRCOX) and Nuveen Colorado Municipal Bond Fund (FCOTX) have volatilities of 1.08% and 1.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRCOX | FCOTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.05% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.68% | 1.64% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.28% | 5.06% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.17% | 4.12% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.00% | 4.28% | -0.28% |