Correlation
The correlation between SHYTX and FKINX is 0.03, 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.
SHYTX vs. FKINX
Compare and contrast key facts about DWS Strategic High Yield Tax (SHYTX) and Franklin Income Fund Class A1 (FKINX).
SHYTX is managed by DWS. It was launched on Jan 21, 1987. FKINX is managed by Franklin Templeton.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHYTX or FKINX.
Performance
SHYTX vs. FKINX - Performance Comparison
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Key characteristics
SHYTX:
0.75
FKINX:
0.93
SHYTX:
0.93
FKINX:
1.23
SHYTX:
1.16
FKINX:
1.20
SHYTX:
0.74
FKINX:
0.94
SHYTX:
2.49
FKINX:
3.81
SHYTX:
1.87%
FKINX:
1.84%
SHYTX:
6.72%
FKINX:
8.08%
SHYTX:
-27.13%
FKINX:
-44.31%
SHYTX:
-3.67%
FKINX:
-1.16%
Returns By Period
In the year-to-date period, SHYTX achieves a -1.87% return, which is significantly lower than FKINX's 2.30% return. Over the past 10 years, SHYTX has underperformed FKINX with an annualized return of 2.85%, while FKINX has yielded a comparatively higher 5.26% annualized return.
SHYTX
-1.87%
-0.87%
-3.23%
4.55%
3.39%
3.05%
2.85%
FKINX
2.30%
2.16%
-0.61%
6.55%
4.67%
8.30%
5.26%
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SHYTX vs. FKINX - Expense Ratio Comparison
SHYTX has a 0.59% expense ratio, which is lower than FKINX's 0.62% expense ratio.
Risk-Adjusted Performance
SHYTX vs. FKINX — Risk-Adjusted Performance Rank
SHYTX
FKINX
SHYTX vs. FKINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Strategic High Yield Tax (SHYTX) and Franklin Income Fund Class A1 (FKINX). 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.
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Dividends
SHYTX vs. FKINX - Dividend Comparison
SHYTX's dividend yield for the trailing twelve months is around 6.53%, more than FKINX's 5.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYTX DWS Strategic High Yield Tax | 6.53% | 6.49% | 4.91% | 5.32% | 3.46% | 4.68% | 4.26% | 4.05% | 3.98% | 4.49% | 4.72% | 4.76% |
FKINX Franklin Income Fund Class A1 | 5.57% | 5.59% | 5.67% | 5.46% | 6.39% | 5.22% | 5.11% | 5.61% | 5.04% | 5.19% | 5.71% | 5.04% |
Drawdowns
SHYTX vs. FKINX - Drawdown Comparison
The maximum SHYTX drawdown since its inception was -27.13%, smaller than the maximum FKINX drawdown of -44.31%. Use the drawdown chart below to compare losses from any high point for SHYTX and FKINX.
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Volatility
SHYTX vs. FKINX - Volatility Comparison
The current volatility for DWS Strategic High Yield Tax (SHYTX) is 0.95%, while Franklin Income Fund Class A1 (FKINX) has a volatility of 2.28%. This indicates that SHYTX experiences smaller price fluctuations and is considered to be less risky than FKINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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