FRIAX vs. HIPS
Compare and contrast key facts about Franklin Income Fund Advisor Class (FRIAX) and GraniteShares HIPS US High Income ETF (HIPS).
FRIAX is managed by Franklin Templeton. It was launched on Aug 28, 1997. HIPS is a passively managed fund by GraniteShares that tracks the performance of the TFMS HIPS Index. It was launched on Jan 6, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRIAX or HIPS.
Key characteristics
| FRIAX | HIPS | |
|---|---|---|
| YTD Return | 8.55% | 12.82% |
| 1Y Return | 16.13% | 19.16% |
| 3Y Return (Ann) | 3.81% | 3.50% |
| 5Y Return (Ann) | 6.60% | 5.01% |
| Sharpe Ratio | 2.80 | 2.09 |
| Sortino Ratio | 4.14 | 2.82 |
| Omega Ratio | 1.65 | 1.40 |
| Calmar Ratio | 3.08 | 2.45 |
| Martin Ratio | 22.01 | 16.44 |
| Ulcer Index | 0.73% | 1.19% |
| Daily Std Dev | 5.77% | 9.35% |
| Max Drawdown | -44.47% | -53.14% |
| Current Drawdown | -1.19% | -0.77% |
Correlation
The correlation between FRIAX and HIPS is 0.60, 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.
Performance
FRIAX vs. HIPS - Performance Comparison
In the year-to-date period, FRIAX achieves a 8.55% return, which is significantly lower than HIPS's 12.82% 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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FRIAX vs. HIPS - Expense Ratio Comparison
FRIAX has a 0.46% expense ratio, which is lower than HIPS's 3.19% expense ratio.
Risk-Adjusted Performance
FRIAX vs. HIPS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Income Fund Advisor Class (FRIAX) and GraniteShares HIPS US High Income ETF (HIPS). 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
FRIAX vs. HIPS - Dividend Comparison
FRIAX's dividend yield for the trailing twelve months is around 5.55%, less than HIPS's 10.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIAX Franklin Income Fund Advisor Class | 5.55% | 5.71% | 5.60% | 4.80% | 5.26% | 5.15% | 5.67% | 5.08% | 5.25% | 5.77% | 5.08% | 5.52% |
HIPS GraniteShares HIPS US High Income ETF | 10.00% | 10.37% | 10.81% | 8.47% | 9.54% | 7.59% | 8.70% | 7.31% | 7.24% | 6.51% | 0.00% | 0.00% |
Drawdowns
FRIAX vs. HIPS - Drawdown Comparison
The maximum FRIAX drawdown since its inception was -44.47%, smaller than the maximum HIPS drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for FRIAX and HIPS. For additional features, visit the drawdowns tool.
Volatility
FRIAX vs. HIPS - Volatility Comparison
The current volatility for Franklin Income Fund Advisor Class (FRIAX) is 1.24%, while GraniteShares HIPS US High Income ETF (HIPS) has a volatility of 2.69%. This indicates that FRIAX experiences smaller price fluctuations and is considered to be less risky than HIPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.