RBNNX vs. FQTIX

Last updated Apr 1, 2026

Compare and contrast key facts about Robinson Opportunistic Income Fund (RBNNX) and Franklin Templeton SMACS: Series I (FQTIX).

RBNNX is managed by Liberty Street. It was launched on Dec 31, 2015. FQTIX is managed by Franklin Templeton. It was launched on Jun 3, 2019.

Performance

RBNNX vs. FQTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Robinson Opportunistic Income Fund (RBNNX) and Franklin Templeton SMACS: Series I (FQTIX). The values are adjusted to include any dividend payments, if applicable.

RBNNX vs. FQTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
RBNNX Robinson Opportunistic Income Fund	-3.20%	5.82%	14.95%	11.36%	-7.29%	12.37%	-6.60%	6.08%
FQTIX Franklin Templeton SMACS: Series I	0.52%	7.51%	8.03%	13.44%	-14.39%	8.51%	3.68%	4.11%

Returns By Period

In the year-to-date period, RBNNX achieves a -3.20% return, which is significantly lower than FQTIX's 0.52% return.

RBNNX

• 1D: 0.10%
• 1M: -3.16%
• YTD: -3.20%
• 6M: -3.35%
• 1Y: 2.04%
• 3Y*: 8.87%
• 5Y*: 5.52%
• 10Y*: 5.67%

FQTIX

• 1D: 0.25%
• 1M: -1.83%
• YTD: 0.52%
• 6M: 2.66%
• 1Y: 9.72%
• 3Y*: 7.86%
• 5Y*: 3.61%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RBNNX vs. FQTIX - Expense Ratio Comparison

RBNNX has a 3.92% expense ratio, which is higher than FQTIX's 0.00% expense ratio.

RBNNX

Robinson Opportunistic Income Fund

FQTIX

Franklin Templeton SMACS: Series I

Return for Risk

RBNNX vs. FQTIX — Risk / Return Rank

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

RBNNX

RBNNX Risk / Return Rank: 10
RBNNX Sharpe Ratio Rank: 10
RBNNX Sortino Ratio Rank: 8
RBNNX Omega Ratio Rank: 10
RBNNX Calmar Ratio Rank: 10
RBNNX Martin Ratio Rank: 12

FQTIX

FQTIX Risk / Return Rank: 97
FQTIX Sharpe Ratio Rank: 97
FQTIX Sortino Ratio Rank: 96
FQTIX Omega Ratio Rank: 97
FQTIX Calmar Ratio Rank: 97
FQTIX Martin Ratio Rank: 97

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.

RBNNX vs. FQTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Robinson Opportunistic Income Fund (RBNNX) and Franklin Templeton SMACS: Series I (FQTIX). 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.

	RBNNX	FQTIX	Difference
Sharpe ratio Return per unit of total volatility	0.24	2.55	-2.31
Sortino ratio Return per unit of downside risk	0.34	3.46	-3.12
Omega ratio Gain probability vs. loss probability	1.07	1.61	-0.54
Calmar ratio Return relative to maximum drawdown	0.21	3.85	-3.64
Martin ratio Return relative to average drawdown	0.93	17.15	-16.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RBNNX vs. FQTIX - Sharpe Ratio Comparison

The current RBNNX Sharpe Ratio is 0.24, which is lower than the FQTIX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of RBNNX and FQTIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RBNNX	FQTIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	2.55	-2.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.61	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.55	+0.01

Correlation

The correlation between RBNNX and FQTIX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RBNNX vs. FQTIX - Dividend Comparison

RBNNX's dividend yield for the trailing twelve months is around 7.22%, more than FQTIX's 7.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
RBNNX Robinson Opportunistic Income Fund	7.22%	5.19%	3.80%	2.81%	2.54%	3.64%	6.84%	6.93%	9.84%	5.95%	7.29%
FQTIX Franklin Templeton SMACS: Series I	7.03%	5.70%	7.86%	7.64%	8.10%	7.15%	6.89%	5.63%	0.00%	0.00%	0.00%

Drawdowns

RBNNX vs. FQTIX - Drawdown Comparison

The maximum RBNNX drawdown since its inception was -35.31%, which is greater than FQTIX's maximum drawdown of -24.62%. Use the drawdown chart below to compare losses from any high point for RBNNX and FQTIX.

Drawdown Indicators

	RBNNX	FQTIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.31%	-24.62%	-10.69%
Max Drawdown (1Y) Largest decline over 1 year	-8.41%	-2.41%	-6.00%
Max Drawdown (5Y) Largest decline over 5 years	-13.55%	-18.81%	+5.26%
Max Drawdown (10Y) Largest decline over 10 years	-35.31%	—	—
Current Drawdown Current decline from peak	-5.00%	-1.95%	-3.05%
Average Drawdown Average peak-to-trough decline	-3.90%	-4.42%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	0.54%	+1.34%

Volatility

RBNNX vs. FQTIX - Volatility Comparison

Robinson Opportunistic Income Fund (RBNNX) has a higher volatility of 3.22% compared to Franklin Templeton SMACS: Series I (FQTIX) at 1.57%. This indicates that RBNNX's price experiences larger fluctuations and is considered to be riskier than FQTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBNNX	FQTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	1.57%	+1.65%
Volatility (6M) Calculated over the trailing 6-month period	4.38%	2.38%	+2.00%
Volatility (1Y) Calculated over the trailing 1-year period	8.63%	3.85%	+4.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.72%	5.92%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.43%	7.80%	+2.63%