FRNKX vs. FMUEX
FRNKX (Frank Value Fund) and FMUEX (RBB Free Market U.S. Equity Fund) are both Mid Cap Value Equities funds. Over the past 10 years, FRNKX returned 7.92%/yr vs 11.66%/yr for FMUEX. A 0.78 correlation means they provide meaningful diversification when combined. FRNKX charges 1.37%/yr vs 0.78%/yr for FMUEX.
Performance
FRNKX vs. FMUEX - Performance Comparison
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Returns By Period
In the year-to-date period, FRNKX achieves a 11.52% return, which is significantly lower than FMUEX's 17.89% return. Over the past 10 years, FRNKX has underperformed FMUEX with an annualized return of 7.92%, while FMUEX has yielded a comparatively higher 11.66% annualized return.
FRNKX
- 1D
- 0.85%
- 1M
- 3.67%
- YTD
- 11.52%
- 6M
- 10.83%
- 1Y
- 18.78%
- 3Y*
- 17.25%
- 5Y*
- 12.26%
- 10Y*
- 7.92%
FMUEX
- 1D
- 1.00%
- 1M
- 2.76%
- YTD
- 17.89%
- 6M
- 16.93%
- 1Y
- 35.75%
- 3Y*
- 16.79%
- 5Y*
- 10.63%
- 10Y*
- 11.66%
FRNKX vs. FMUEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRNKX Frank Value Fund | 11.52% | 12.05% | 19.31% | 14.88% | 4.23% | 6.46% | 12.84% | 4.15% | -2.24% | -2.81% |
FMUEX RBB Free Market U.S. Equity Fund | 17.89% | 12.79% | 8.09% | 17.10% | -10.47% | 31.75% | 5.65% | 22.44% | -11.62% | 13.44% |
Correlation
The correlation between FRNKX and FMUEX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.78 |
The correlation between FRNKX and FMUEX shifts across timeframes, from 0.68 (10 years) to 0.79 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FRNKX vs. FMUEX — Risk / Return Rank
FRNKX
FMUEX
FRNKX vs. FMUEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Frank Value Fund (FRNKX) and RBB Free Market U.S. Equity Fund (FMUEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRNKX | FMUEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.44 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 4.73 | -2.05 |
| Martin ratioReturn relative to average drawdown | 6.85 | 17.06 | -10.21 |
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Drawdowns
FRNKX vs. FMUEX - Drawdown Comparison
The maximum FRNKX drawdown since its inception was -97.09%, which is greater than FMUEX's maximum drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for FRNKX and FMUEX.
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Drawdown Indicators
| FRNKX | FMUEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.09% | -58.03% | -39.06% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -7.61% | +0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -97.09% | -25.49% | -71.60% |
Max Drawdown (5Y)Largest decline over 5 years | -97.09% | -25.49% | -71.60% |
Max Drawdown (10Y)Largest decline over 10 years | -97.09% | -42.31% | -54.78% |
Current DrawdownCurrent decline from peak | -95.82% | -0.76% | -95.06% |
Average DrawdownAverage peak-to-trough decline | -12.20% | -8.05% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 2.10% | +0.61% |
Volatility
FRNKX vs. FMUEX - Volatility Comparison
The current volatility for Frank Value Fund (FRNKX) is 3.48%, while RBB Free Market U.S. Equity Fund (FMUEX) has a volatility of 4.44%. This indicates that FRNKX experiences smaller price fluctuations and is considered to be less risky than FMUEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRNKX | FMUEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 4.44% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.67% | 10.24% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.83% | 14.46% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1,805.05% | 18.41% | +1,786.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,276.09% | 19.76% | +1,256.33% |
FRNKX vs. FMUEX - Expense Ratio Comparison
FRNKX has a 1.37% expense ratio, which is higher than FMUEX's 0.78% expense ratio.
Dividends
FRNKX vs. FMUEX - Dividend Comparison
FRNKX's dividend yield for the trailing twelve months is around 10.74%, more than FMUEX's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMUEX RBB Free Market U.S. Equity Fund | 1.59% | 1.87% | 0.00% | 4.12% | 8.26% | 4.38% | 1.61% | 5.57% | 5.88% | 3.80% | 4.80% | 8.51% |
FRNKX Frank Value Fund | 10.74% | 11.98% | 4.63% | 10.14% | 8.10% | 4.93% | 0.00% | 0.23% | 3.23% | 0.00% | 3.00% | 7.64% |
Frequently Asked Questions
FRNKX and FMUEX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMUEX has higher volatility (4.44%) compared to FRNKX (3.48%). In terms of maximum drawdown, FRNKX dropped -97.09% vs FMUEX's -58.03%.
FMUEX currently has the higher Sharpe Ratio (2.49 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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