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SIGAX vs. FRIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SIGAX vs. FRIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Asset Corporate Bond Fund (SIGAX) and Franklin Income Fund Advisor Class (FRIAX). The values are adjusted to include any dividend payments, if applicable.

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SIGAX vs. FRIAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SIGAX
Western Asset Corporate Bond Fund
-1.48%8.16%1.19%6.96%-17.20%-1.17%10.81%14.42%-3.64%7.20%
FRIAX
Franklin Income Fund Advisor Class
2.21%12.02%7.29%8.84%-5.36%17.51%3.72%16.02%-5.23%8.63%

Returns By Period

In the year-to-date period, SIGAX achieves a -1.48% return, which is significantly lower than FRIAX's 2.21% return. Over the past 10 years, SIGAX has underperformed FRIAX with an annualized return of 2.65%, while FRIAX has yielded a comparatively higher 7.73% annualized return.


SIGAX

1D
0.48%
1M
-3.04%
YTD
-1.48%
6M
-0.68%
1Y
4.14%
3Y*
3.96%
5Y*
-0.24%
10Y*
2.65%

FRIAX

1D
0.40%
1M
-2.67%
YTD
2.21%
6M
4.79%
1Y
11.92%
3Y*
9.16%
5Y*
6.70%
10Y*
7.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SIGAX vs. FRIAX - Expense Ratio Comparison

SIGAX has a 0.88% expense ratio, which is higher than FRIAX's 0.46% expense ratio.


Return for Risk

SIGAX vs. FRIAX — Risk / Return Rank

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

SIGAX
SIGAX Risk / Return Rank: 5151
Overall Rank
SIGAX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
SIGAX Sortino Ratio Rank: 5151
Sortino Ratio Rank
SIGAX Omega Ratio Rank: 4040
Omega Ratio Rank
SIGAX Calmar Ratio Rank: 6262
Calmar Ratio Rank
SIGAX Martin Ratio Rank: 5151
Martin Ratio Rank

FRIAX
FRIAX Risk / Return Rank: 8686
Overall Rank
FRIAX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FRIAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FRIAX Omega Ratio Rank: 9090
Omega Ratio Rank
FRIAX Calmar Ratio Rank: 7979
Calmar Ratio Rank
FRIAX Martin Ratio Rank: 8787
Martin Ratio Rank
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.

SIGAX vs. FRIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Asset Corporate Bond Fund (SIGAX) and Franklin Income Fund Advisor Class (FRIAX). 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.


SIGAXFRIAXDifference

Sharpe ratio

Return per unit of total volatility

1.00

1.65

-0.65

Sortino ratio

Return per unit of downside risk

1.42

2.39

-0.97

Omega ratio

Gain probability vs. loss probability

1.18

1.40

-0.21

Calmar ratio

Return relative to maximum drawdown

1.45

1.87

-0.42

Martin ratio

Return relative to average drawdown

5.08

9.19

-4.11

SIGAX vs. FRIAX - Sharpe Ratio Comparison

The current SIGAX Sharpe Ratio is 1.00, which is lower than the FRIAX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of SIGAX and FRIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SIGAXFRIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

1.65

-0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.04

0.84

-0.87

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.83

-0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.79

-0.07

Correlation

The correlation between SIGAX and FRIAX 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

SIGAX vs. FRIAX - Dividend Comparison

SIGAX's dividend yield for the trailing twelve months is around 4.51%, less than FRIAX's 5.75% yield.


TTM20252024202320222021202020192018201720162015
SIGAX
Western Asset Corporate Bond Fund
4.51%4.86%4.15%4.17%3.30%3.03%4.33%3.78%3.85%3.44%3.82%4.34%
FRIAX
Franklin Income Fund Advisor Class
5.75%5.75%5.74%5.67%5.24%6.70%5.37%5.25%5.80%5.20%4.92%5.93%

Drawdowns

SIGAX vs. FRIAX - Drawdown Comparison

The maximum SIGAX drawdown since its inception was -30.99%, smaller than the maximum FRIAX drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for SIGAX and FRIAX.


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Drawdown Indicators


SIGAXFRIAXDifference

Max Drawdown

Largest peak-to-trough decline

-30.99%

-43.23%

+12.24%

Max Drawdown (1Y)

Largest decline over 1 year

-3.50%

-6.38%

+2.88%

Max Drawdown (5Y)

Largest decline over 5 years

-23.62%

-13.63%

-9.99%

Max Drawdown (10Y)

Largest decline over 10 years

-23.62%

-24.10%

+0.48%

Current Drawdown

Current decline from peak

-6.18%

-2.67%

-3.51%

Average Drawdown

Average peak-to-trough decline

-5.02%

-3.94%

-1.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.00%

1.30%

-0.30%

Volatility

SIGAX vs. FRIAX - Volatility Comparison

The current volatility for Western Asset Corporate Bond Fund (SIGAX) is 1.76%, while Franklin Income Fund Advisor Class (FRIAX) has a volatility of 2.10%. This indicates that SIGAX experiences smaller price fluctuations and is considered to be less risky than FRIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SIGAXFRIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.76%

2.10%

-0.34%

Volatility (6M)

Calculated over the trailing 6-month period

2.77%

3.83%

-1.06%

Volatility (1Y)

Calculated over the trailing 1-year period

4.70%

7.55%

-2.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.76%

8.03%

-1.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.12%

9.34%

-3.22%