LCCMX vs. FAFTX
Compare and contrast key facts about Leader Short Term High Yield Bond Fund (LCCMX) and Franklin Federal Tax-Free Income Fund Advisor Class (FAFTX).
LCCMX is managed by LEADER. It was launched on Jul 14, 2005. FAFTX is a passively managed fund by Franklin Templeton that tracks the performance of the Bloomberg Municipal Bond Index. It was launched on Mar 20, 2002.
Performance
LCCMX vs. FAFTX - Performance Comparison
Loading graphics...
LCCMX vs. FAFTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LCCMX Leader Short Term High Yield Bond Fund | -2.35% | 9.73% | 18.51% | 13.73% | -13.30% | 1.30% | 7.52% | 0.65% | 2.35% | 1.89% |
FAFTX Franklin Federal Tax-Free Income Fund Advisor Class | -0.77% | 4.88% | 3.98% | 6.80% | -11.57% | 2.62% | 5.74% | 7.44% | 0.79% | 3.71% |
Returns By Period
In the year-to-date period, LCCMX achieves a -2.35% return, which is significantly lower than FAFTX's -0.77% return. Over the past 10 years, LCCMX has outperformed FAFTX with an annualized return of 3.75%, while FAFTX has yielded a comparatively lower 2.11% annualized return.
LCCMX
- 1D
- 0.00%
- 1M
- -2.57%
- YTD
- -2.35%
- 6M
- 0.32%
- 1Y
- 5.56%
- 3Y*
- 12.42%
- 5Y*
- 4.85%
- 10Y*
- 3.75%
FAFTX
- 1D
- 0.19%
- 1M
- -2.92%
- YTD
- -0.77%
- 6M
- 1.06%
- 1Y
- 3.91%
- 3Y*
- 3.91%
- 5Y*
- 1.03%
- 10Y*
- 2.11%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LCCMX vs. FAFTX - Expense Ratio Comparison
LCCMX has a 2.55% expense ratio, which is higher than FAFTX's 0.52% expense ratio.
Return for Risk
LCCMX vs. FAFTX — Risk / Return Rank
LCCMX
FAFTX
LCCMX vs. FAFTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leader Short Term High Yield Bond Fund (LCCMX) and Franklin Federal Tax-Free Income Fund Advisor Class (FAFTX). 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.
| LCCMX | FAFTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.81 | +0.65 |
Sortino ratioReturn per unit of downside risk | 2.64 | 1.13 | +1.51 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.23 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.61 | 0.91 | +0.69 |
Martin ratioReturn relative to average drawdown | 5.71 | 2.90 | +2.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LCCMX | FAFTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.81 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.22 | +0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.50 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 1.00 | -0.24 |
Correlation
The correlation between LCCMX and FAFTX is 0.11, 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
LCCMX vs. FAFTX - Dividend Comparison
LCCMX's dividend yield for the trailing twelve months is around 8.33%, more than FAFTX's 3.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCCMX Leader Short Term High Yield Bond Fund | 8.33% | 8.93% | 10.39% | 8.55% | 5.68% | 2.11% | 2.11% | 2.98% | 2.89% | 2.10% | 2.01% | 2.75% |
FAFTX Franklin Federal Tax-Free Income Fund Advisor Class | 3.91% | 5.05% | 4.37% | 3.23% | 3.34% | 2.74% | 2.97% | 3.92% | 3.86% | 3.90% | 3.63% | 3.88% |
Drawdowns
LCCMX vs. FAFTX - Drawdown Comparison
The maximum LCCMX drawdown since its inception was -24.57%, which is greater than FAFTX's maximum drawdown of -17.02%. Use the drawdown chart below to compare losses from any high point for LCCMX and FAFTX.
Loading graphics...
Drawdown Indicators
| LCCMX | FAFTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.57% | -17.02% | -7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -3.76% | -5.65% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -19.20% | -17.02% | -2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -24.57% | -17.02% | -7.55% |
Current DrawdownCurrent decline from peak | -3.76% | -2.92% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -2.81% | -2.14% | -0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 1.77% | -0.71% |
Volatility
LCCMX vs. FAFTX - Volatility Comparison
Leader Short Term High Yield Bond Fund (LCCMX) has a higher volatility of 1.55% compared to Franklin Federal Tax-Free Income Fund Advisor Class (FAFTX) at 1.19%. This indicates that LCCMX's price experiences larger fluctuations and is considered to be riskier than FAFTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LCCMX | FAFTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 1.19% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 3.50% | 1.88% | +1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.25% | 5.88% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.78% | 4.60% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.30% | 4.25% | +2.05% |