TEDIX vs. RTXAX
Compare and contrast key facts about Franklin Mutual Global Discovery Fund Class A (TEDIX) and Russell Investment Tax-Managed Real Assets Fund (RTXAX).
TEDIX is an actively managed fund by Franklin. It was launched on Dec 31, 1992. RTXAX is managed by BlackRock. It was launched on Jun 9, 2019.
Performance
TEDIX vs. RTXAX - Performance Comparison
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TEDIX vs. RTXAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TEDIX Franklin Mutual Global Discovery Fund Class A | -4.33% | 23.45% | 6.16% | 20.16% | -4.98% | 19.33% | -4.62% | 9.85% |
RTXAX Russell Investment Tax-Managed Real Assets Fund | 11.49% | 13.56% | 1.50% | 7.40% | -11.66% | 26.57% | 3.73% | 6.17% |
Returns By Period
In the year-to-date period, TEDIX achieves a -4.33% return, which is significantly lower than RTXAX's 11.49% return.
TEDIX
- 1D
- 0.31%
- 1M
- -9.71%
- YTD
- -4.33%
- 6M
- -0.35%
- 1Y
- 8.81%
- 3Y*
- 12.64%
- 5Y*
- 9.19%
- 10Y*
- 8.05%
RTXAX
- 1D
- 0.13%
- 1M
- -2.88%
- YTD
- 11.49%
- 6M
- 14.38%
- 1Y
- 24.85%
- 3Y*
- 10.58%
- 5Y*
- 7.43%
- 10Y*
- —
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TEDIX vs. RTXAX - Expense Ratio Comparison
TEDIX has a 1.21% expense ratio, which is lower than RTXAX's 1.33% expense ratio.
Return for Risk
TEDIX vs. RTXAX — Risk / Return Rank
TEDIX
RTXAX
TEDIX vs. RTXAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund Class A (TEDIX) and Russell Investment Tax-Managed Real Assets Fund (RTXAX). 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 | RTXAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.69 | -1.11 |
Sortino ratioReturn per unit of downside risk | 0.87 | 2.24 | -1.37 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.35 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.62 | 1.89 | -1.26 |
Martin ratioReturn relative to average drawdown | 2.38 | 10.79 | -8.40 |
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 | RTXAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.69 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.47 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.40 | +0.33 |
Correlation
The correlation between TEDIX and RTXAX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TEDIX vs. RTXAX - Dividend Comparison
TEDIX's dividend yield for the trailing twelve months is around 11.20%, more than RTXAX's 2.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEDIX Franklin Mutual Global Discovery Fund Class A | 11.20% | 10.71% | 12.98% | 7.09% | 10.31% | 8.70% | 3.33% | 7.11% | 7.35% | 3.03% | 4.20% | 7.90% |
RTXAX Russell Investment Tax-Managed Real Assets Fund | 2.57% | 2.86% | 2.05% | 1.98% | 3.11% | 1.74% | 1.71% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TEDIX vs. RTXAX - Drawdown Comparison
The maximum TEDIX drawdown since its inception was -40.21%, roughly equal to the maximum RTXAX drawdown of -40.68%. Use the drawdown chart below to compare losses from any high point for TEDIX and RTXAX.
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Drawdown Indicators
| TEDIX | RTXAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.21% | -40.68% | +0.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.97% | -13.11% | +1.14% |
Max Drawdown (5Y)Largest decline over 5 years | -21.69% | -24.63% | +2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -40.21% | — | — |
Current DrawdownCurrent decline from peak | -9.71% | -3.32% | -6.39% |
Average DrawdownAverage peak-to-trough decline | -5.93% | -7.96% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 2.29% | +0.84% |
Volatility
TEDIX vs. RTXAX - Volatility Comparison
Franklin Mutual Global Discovery Fund Class A (TEDIX) has a higher volatility of 5.22% compared to Russell Investment Tax-Managed Real Assets Fund (RTXAX) at 4.12%. This indicates that TEDIX's price experiences larger fluctuations and is considered to be riskier than RTXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEDIX | RTXAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 4.12% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.76% | 8.24% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 15.04% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.63% | 15.85% | -0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.08% | 20.26% | -3.18% |