Correlation
The correlation between FRIAX and ECSIX is 0.18, 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.
FRIAX vs. ECSIX
Compare and contrast key facts about Franklin Income Fund Advisor Class (FRIAX) and Eaton Vance Short Duration Strategic Income Fund (ECSIX).
FRIAX is managed by Franklin Templeton. It was launched on Aug 28, 1997. ECSIX is managed by Eaton Vance. It was launched on May 24, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRIAX or ECSIX.
Performance
FRIAX vs. ECSIX - Performance Comparison
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Key characteristics
FRIAX:
0.80
ECSIX:
2.44
FRIAX:
1.39
ECSIX:
3.97
FRIAX:
1.22
ECSIX:
1.53
FRIAX:
1.09
ECSIX:
4.18
FRIAX:
4.51
ECSIX:
10.54
FRIAX:
1.71%
ECSIX:
0.85%
FRIAX:
7.92%
ECSIX:
3.45%
FRIAX:
-43.22%
ECSIX:
-25.65%
FRIAX:
-1.12%
ECSIX:
0.00%
Returns By Period
In the year-to-date period, FRIAX achieves a 1.96% return, which is significantly lower than ECSIX's 3.89% return. Over the past 10 years, FRIAX has outperformed ECSIX with an annualized return of 5.73%, while ECSIX has yielded a comparatively lower 2.98% annualized return.
FRIAX
1.96%
0.87%
-0.59%
6.29%
4.72%
8.32%
5.73%
ECSIX
3.89%
0.67%
3.75%
8.35%
5.36%
3.96%
2.98%
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FRIAX vs. ECSIX - Expense Ratio Comparison
FRIAX has a 0.46% expense ratio, which is lower than ECSIX's 1.82% expense ratio.
Risk-Adjusted Performance
FRIAX vs. ECSIX — Risk-Adjusted Performance Rank
FRIAX
ECSIX
FRIAX vs. ECSIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Income Fund Advisor Class (FRIAX) and Eaton Vance Short Duration Strategic Income Fund (ECSIX). 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.
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Dividends
FRIAX vs. ECSIX - Dividend Comparison
FRIAX's dividend yield for the trailing twelve months is around 5.77%, less than ECSIX's 6.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIAX Franklin Income Fund Advisor Class | 5.77% | 5.98% | 5.66% | 5.24% | 6.70% | 5.37% | 5.25% | 5.79% | 5.20% | 5.37% | 5.93% | 5.21% |
ECSIX Eaton Vance Short Duration Strategic Income Fund | 6.09% | 6.17% | 6.14% | 4.74% | 3.57% | 3.49% | 6.29% | 3.16% | 2.91% | 3.18% | 3.59% | 6.18% |
Drawdowns
FRIAX vs. ECSIX - Drawdown Comparison
The maximum FRIAX drawdown since its inception was -43.22%, which is greater than ECSIX's maximum drawdown of -25.65%. Use the drawdown chart below to compare losses from any high point for FRIAX and ECSIX.
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Volatility
FRIAX vs. ECSIX - Volatility Comparison
Franklin Income Fund Advisor Class (FRIAX) has a higher volatility of 2.35% compared to Eaton Vance Short Duration Strategic Income Fund (ECSIX) at 0.79%. This indicates that FRIAX's price experiences larger fluctuations and is considered to be riskier than ECSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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