FSMIX vs. ETV
Compare and contrast key facts about Franklin Strategic Mortgage Fund (FSMIX) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).
FSMIX is managed by Franklin Templeton. It was launched on Feb 1, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMIX or ETV.
Correlation
The correlation between FSMIX and ETV is -0.01. 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.
Performance
FSMIX vs. ETV - Performance Comparison
Key characteristics
FSMIX:
0.46
ETV:
1.98
FSMIX:
0.68
ETV:
2.71
FSMIX:
1.09
ETV:
1.36
FSMIX:
0.21
ETV:
2.80
FSMIX:
1.11
ETV:
12.69
FSMIX:
2.44%
ETV:
1.91%
FSMIX:
5.81%
ETV:
12.21%
FSMIX:
-17.62%
ETV:
-52.11%
FSMIX:
-8.28%
ETV:
0.00%
Returns By Period
In the year-to-date period, FSMIX achieves a 0.30% return, which is significantly lower than ETV's 2.24% return. Over the past 10 years, FSMIX has underperformed ETV with an annualized return of 0.68%, while ETV has yielded a comparatively higher 9.30% annualized return.
FSMIX
0.30%
1.89%
-1.35%
3.39%
-1.12%
0.68%
ETV
2.24%
3.46%
14.19%
23.98%
8.49%
9.30%
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Risk-Adjusted Performance
FSMIX vs. ETV — Risk-Adjusted Performance Rank
FSMIX
ETV
FSMIX vs. ETV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Strategic Mortgage Fund (FSMIX) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV). 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
FSMIX vs. ETV - Dividend Comparison
FSMIX's dividend yield for the trailing twelve months is around 3.49%, less than ETV's 8.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMIX Franklin Strategic Mortgage Fund | 3.49% | 3.46% | 3.08% | 2.47% | 1.84% | 2.24% | 3.35% | 3.68% | 3.32% | 2.46% | 2.50% | 3.69% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.07% | 8.16% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% |
Drawdowns
FSMIX vs. ETV - Drawdown Comparison
The maximum FSMIX drawdown since its inception was -17.62%, smaller than the maximum ETV drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for FSMIX and ETV. For additional features, visit the drawdowns tool.
Volatility
FSMIX vs. ETV - Volatility Comparison
The current volatility for Franklin Strategic Mortgage Fund (FSMIX) is 1.38%, while Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a volatility of 3.41%. This indicates that FSMIX experiences smaller price fluctuations and is considered to be less risky than ETV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.