TEDIX vs. FCOQX
Compare and contrast key facts about Franklin Mutual Global Discovery Fund Class A (TEDIX) and Franklin Colorado Tax-Free Income Fund Class A (FCOQX).
TEDIX is an actively managed fund by Franklin. It was launched on Dec 31, 1992. FCOQX is a passively managed fund by Franklin that tracks the performance of the Bloomberg Municipal Bond Index. It was launched on Sep 1, 1987.
Performance
TEDIX vs. FCOQX - Performance Comparison
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TEDIX vs. FCOQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TEDIX Franklin Mutual Global Discovery Fund Class A | -2.52% | 23.45% | 6.16% | 20.16% | -4.98% | 19.33% | -4.62% | 24.41% | -10.99% |
FCOQX Franklin Colorado Tax-Free Income Fund Class A | -0.45% | 3.34% | 2.47% | 5.62% | -10.97% | 1.52% | 4.72% | 6.41% | 0.98% |
Returns By Period
In the year-to-date period, TEDIX achieves a -2.52% return, which is significantly lower than FCOQX's -0.45% return.
TEDIX
- 1D
- 1.89%
- 1M
- -6.54%
- YTD
- -2.52%
- 6M
- 1.10%
- 1Y
- 10.98%
- 3Y*
- 13.35%
- 5Y*
- 9.39%
- 10Y*
- 8.25%
FCOQX
- 1D
- 0.29%
- 1M
- -1.97%
- YTD
- -0.45%
- 6M
- 1.31%
- 1Y
- 3.19%
- 3Y*
- 2.81%
- 5Y*
- 0.22%
- 10Y*
- —
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TEDIX vs. FCOQX - Expense Ratio Comparison
TEDIX has a 1.21% expense ratio, which is higher than FCOQX's 0.85% expense ratio.
Return for Risk
TEDIX vs. FCOQX — Risk / Return Rank
TEDIX
FCOQX
TEDIX vs. FCOQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund Class A (TEDIX) and Franklin Colorado Tax-Free Income Fund Class A (FCOQX). 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.
| TEDIX | FCOQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.68 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.07 | 0.93 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.89 | 0.76 | +0.13 |
Martin ratioReturn relative to average drawdown | 3.35 | 2.05 | +1.30 |
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
| TEDIX | FCOQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.68 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.05 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.38 | +0.36 |
Correlation
The correlation between TEDIX and FCOQX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
TEDIX vs. FCOQX - Dividend Comparison
TEDIX's dividend yield for the trailing twelve months is around 10.99%, more than FCOQX's 2.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEDIX Franklin Mutual Global Discovery Fund Class A | 10.99% | 10.71% | 12.98% | 7.09% | 10.31% | 8.70% | 3.33% | 7.11% | 7.35% | 3.03% | 4.20% | 7.90% |
FCOQX Franklin Colorado Tax-Free Income Fund Class A | 2.92% | 3.13% | 3.01% | 2.33% | 2.59% | 2.09% | 2.37% | 2.95% | 1.06% | 0.00% | 0.00% | 0.00% |
Drawdowns
TEDIX vs. FCOQX - Drawdown Comparison
The maximum TEDIX drawdown since its inception was -40.21%, which is greater than FCOQX's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for TEDIX and FCOQX.
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Drawdown Indicators
| TEDIX | FCOQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.21% | -15.80% | -24.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -5.32% | -6.65% |
Max Drawdown (5Y)Largest decline over 5 years | -21.69% | -15.80% | -5.89% |
Max Drawdown (10Y)Largest decline over 10 years | -40.21% | — | — |
Current DrawdownCurrent decline from peak | -8.00% | -2.25% | -5.75% |
Average DrawdownAverage peak-to-trough decline | -5.93% | -4.22% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 1.97% | +1.20% |
Volatility
TEDIX vs. FCOQX - Volatility Comparison
Franklin Mutual Global Discovery Fund Class A (TEDIX) has a higher volatility of 5.59% compared to Franklin Colorado Tax-Free Income Fund Class A (FCOQX) at 1.13%. This indicates that TEDIX's price experiences larger fluctuations and is considered to be riskier than FCOQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEDIX | FCOQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 1.13% | +4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 8.96% | 1.74% | +7.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.01% | 5.27% | +9.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.65% | 4.16% | +11.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.09% | 4.43% | +12.66% |