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FRMOX vs. FKDNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FRMOX vs. FKDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Missouri Tax Free Income Fund (FRMOX) and Franklin DynaTech Fund (FKDNX). The values are adjusted to include any dividend payments, if applicable.

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FRMOX vs. FKDNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FRMOX
Franklin Missouri Tax Free Income Fund
-0.19%4.59%3.23%5.63%-11.35%1.76%4.63%7.04%1.47%1.86%
FKDNX
Franklin DynaTech Fund
-10.96%18.59%30.57%44.42%-40.30%12.53%57.68%36.36%2.85%39.29%

Returns By Period

In the year-to-date period, FRMOX achieves a -0.19% return, which is significantly higher than FKDNX's -10.96% return. Over the past 10 years, FRMOX has underperformed FKDNX with an annualized return of 1.74%, while FKDNX has yielded a comparatively higher 15.95% annualized return.


FRMOX

1D
0.29%
1M
-1.72%
YTD
-0.19%
6M
1.70%
1Y
3.72%
3Y*
3.56%
5Y*
0.57%
10Y*
1.74%

FKDNX

1D
5.05%
1M
-5.14%
YTD
-10.96%
6M
-11.72%
1Y
19.43%
3Y*
19.19%
5Y*
5.93%
10Y*
15.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FRMOX vs. FKDNX - Expense Ratio Comparison

FRMOX has a 0.67% expense ratio, which is lower than FKDNX's 0.79% expense ratio.


Return for Risk

FRMOX vs. FKDNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRMOX
FRMOX Risk / Return Rank: 2424
Overall Rank
FRMOX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
FRMOX Sortino Ratio Rank: 2020
Sortino Ratio Rank
FRMOX Omega Ratio Rank: 3939
Omega Ratio Rank
FRMOX Calmar Ratio Rank: 2222
Calmar Ratio Rank
FRMOX Martin Ratio Rank: 1818
Martin Ratio Rank

FKDNX
FKDNX Risk / Return Rank: 3131
Overall Rank
FKDNX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FKDNX Sortino Ratio Rank: 3939
Sortino Ratio Rank
FKDNX Omega Ratio Rank: 3434
Omega Ratio Rank
FKDNX Calmar Ratio Rank: 2727
Calmar Ratio Rank
FKDNX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRMOX vs. FKDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Missouri Tax Free Income Fund (FRMOX) and Franklin DynaTech Fund (FKDNX). 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.


FRMOXFKDNXDifference

Sharpe ratio

Return per unit of total volatility

0.71

0.79

-0.08

Sortino ratio

Return per unit of downside risk

0.98

1.29

-0.31

Omega ratio

Gain probability vs. loss probability

1.20

1.17

+0.02

Calmar ratio

Return relative to maximum drawdown

0.84

0.81

+0.04

Martin ratio

Return relative to average drawdown

2.44

2.63

-0.18

FRMOX vs. FKDNX - Sharpe Ratio Comparison

The current FRMOX Sharpe Ratio is 0.71, which is comparable to the FKDNX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FRMOX and FKDNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FRMOXFKDNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.71

0.79

-0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.23

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.65

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

1.16

0.64

+0.52

Correlation

The correlation between FRMOX and FKDNX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

FRMOX vs. FKDNX - Dividend Comparison

FRMOX's dividend yield for the trailing twelve months is around 3.61%, less than FKDNX's 12.54% yield.


TTM20252024202320222021202020192018201720162015
FRMOX
Franklin Missouri Tax Free Income Fund
3.61%4.69%4.05%3.00%3.04%2.50%2.56%3.41%3.11%3.06%3.64%3.62%
FKDNX
Franklin DynaTech Fund
12.54%11.17%0.00%0.00%0.00%1.43%0.00%0.74%2.92%1.77%3.55%2.46%

Drawdowns

FRMOX vs. FKDNX - Drawdown Comparison

The maximum FRMOX drawdown since its inception was -16.36%, smaller than the maximum FKDNX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for FRMOX and FKDNX.


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Drawdown Indicators


FRMOXFKDNXDifference

Max Drawdown

Largest peak-to-trough decline

-16.36%

-51.63%

+35.27%

Max Drawdown (1Y)

Largest decline over 1 year

-5.96%

-20.49%

+14.53%

Max Drawdown (5Y)

Largest decline over 5 years

-16.36%

-48.28%

+31.92%

Max Drawdown (10Y)

Largest decline over 10 years

-16.36%

-48.28%

+31.92%

Current Drawdown

Current decline from peak

-2.00%

-16.48%

+14.48%

Average Drawdown

Average peak-to-trough decline

-1.92%

-11.28%

+9.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.05%

6.29%

-4.24%

Volatility

FRMOX vs. FKDNX - Volatility Comparison

The current volatility for Franklin Missouri Tax Free Income Fund (FRMOX) is 1.26%, while Franklin DynaTech Fund (FKDNX) has a volatility of 9.29%. This indicates that FRMOX experiences smaller price fluctuations and is considered to be less risky than FKDNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRMOXFKDNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.26%

9.29%

-8.03%

Volatility (6M)

Calculated over the trailing 6-month period

1.86%

16.81%

-14.95%

Volatility (1Y)

Calculated over the trailing 1-year period

6.00%

26.47%

-20.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.47%

26.27%

-21.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.02%

24.53%

-20.51%