HIX vs. FKGRX
Compare and contrast key facts about Western Asset High Income Fund II (HIX) and Franklin Growth Fund (FKGRX).
HIX is a passively managed fund by Franklin Templeton that tracks the performance of the . It was launched on May 28, 1998. FKGRX is managed by Franklin Templeton. It was launched on Apr 1, 1948.
Performance
HIX vs. FKGRX - Performance Comparison
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HIX vs. FKGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIX Western Asset High Income Fund II | -2.12% | 13.56% | -1.32% | 15.72% | -24.60% | 13.02% | 12.36% | 27.26% | -9.99% | 7.13% |
FKGRX Franklin Growth Fund | -5.57% | 15.38% | 17.96% | 27.54% | -25.32% | 21.61% | 30.71% | 32.08% | -3.37% | 26.31% |
Returns By Period
In the year-to-date period, HIX achieves a -2.12% return, which is significantly higher than FKGRX's -5.57% return. Over the past 10 years, HIX has underperformed FKGRX with an annualized return of 5.60%, while FKGRX has yielded a comparatively higher 12.88% annualized return.
HIX
- 1D
- -1.26%
- 1M
- -4.58%
- YTD
- -2.12%
- 6M
- -3.26%
- 1Y
- 8.96%
- 3Y*
- 7.12%
- 5Y*
- 0.94%
- 10Y*
- 5.60%
FKGRX
- 1D
- 3.23%
- 1M
- -5.71%
- YTD
- -5.57%
- 6M
- -4.46%
- 1Y
- 15.13%
- 3Y*
- 14.51%
- 5Y*
- 7.54%
- 10Y*
- 12.88%
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HIX vs. FKGRX - Expense Ratio Comparison
HIX has a 3.70% expense ratio, which is higher than FKGRX's 0.79% expense ratio.
Return for Risk
HIX vs. FKGRX — Risk / Return Rank
HIX
FKGRX
HIX vs. FKGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset High Income Fund II (HIX) and Franklin Growth Fund (FKGRX). 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.
| HIX | FKGRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.59 | 0.83 | -0.24 |
Sortino ratioReturn per unit of downside risk | 0.90 | 1.34 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 1.39 | -0.65 |
Martin ratioReturn relative to average drawdown | 2.78 | 5.21 | -2.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HIX | FKGRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 0.83 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.39 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.66 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.69 | -0.37 |
Correlation
The correlation between HIX and FKGRX is 0.34, 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.
Dividends
HIX vs. FKGRX - Dividend Comparison
HIX's dividend yield for the trailing twelve months is around 14.96%, less than FKGRX's 15.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIX Western Asset High Income Fund II | 14.96% | 14.13% | 13.95% | 11.85% | 12.15% | 8.21% | 8.53% | 8.28% | 9.50% | 8.73% | 10.53% | 13.12% |
FKGRX Franklin Growth Fund | 15.22% | 14.37% | 8.34% | 6.26% | 10.49% | 9.19% | 7.97% | 5.75% | 1.65% | 2.38% | 3.26% | 3.88% |
Drawdowns
HIX vs. FKGRX - Drawdown Comparison
The maximum HIX drawdown since its inception was -61.03%, which is greater than FKGRX's maximum drawdown of -51.08%. Use the drawdown chart below to compare losses from any high point for HIX and FKGRX.
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Drawdown Indicators
| HIX | FKGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.03% | -51.08% | -9.95% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -11.48% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -38.75% | -32.22% | -6.53% |
Max Drawdown (10Y)Largest decline over 10 years | -44.77% | -32.52% | -12.25% |
Current DrawdownCurrent decline from peak | -8.55% | -8.62% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -6.76% | -2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.05% | -0.11% |
Volatility
HIX vs. FKGRX - Volatility Comparison
Western Asset High Income Fund II (HIX) has a higher volatility of 7.64% compared to Franklin Growth Fund (FKGRX) at 5.85%. This indicates that HIX's price experiences larger fluctuations and is considered to be riskier than FKGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIX | FKGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.64% | 5.85% | +1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 10.49% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 18.91% | -3.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.96% | 19.62% | -2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 19.50% | -1.40% |