WATFX vs. FKINX
Compare and contrast key facts about Western Asset Core Bond Fund (WATFX) and Franklin Income Fund Class A1 (FKINX).
WATFX is managed by Franklin Templeton. It was launched on Sep 4, 1990. FKINX is managed by Franklin Templeton.
Performance
WATFX vs. FKINX - Performance Comparison
Loading graphics...
WATFX vs. FKINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WATFX Western Asset Core Bond Fund | -0.58% | 8.01% | 0.44% | 5.52% | -17.32% | -2.13% | 9.12% | 10.44% | -0.62% | 5.21% |
FKINX Franklin Income Fund Class A1 | 2.96% | 12.24% | 7.12% | 8.65% | -5.29% | 17.21% | 3.57% | 15.75% | -5.54% | 8.43% |
Returns By Period
In the year-to-date period, WATFX achieves a -0.58% return, which is significantly lower than FKINX's 2.96% return. Over the past 10 years, WATFX has underperformed FKINX with an annualized return of 1.61%, while FKINX has yielded a comparatively higher 7.65% annualized return.
WATFX
- 1D
- 0.28%
- 1M
- -1.85%
- YTD
- -0.58%
- 6M
- 0.34%
- 1Y
- 4.10%
- 3Y*
- 3.22%
- 5Y*
- -0.87%
- 10Y*
- 1.61%
FKINX
- 1D
- 0.79%
- 1M
- -1.55%
- YTD
- 2.96%
- 6M
- 5.46%
- 1Y
- 12.96%
- 3Y*
- 9.39%
- 5Y*
- 6.73%
- 10Y*
- 7.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WATFX vs. FKINX - Expense Ratio Comparison
WATFX has a 0.46% expense ratio, which is lower than FKINX's 0.62% expense ratio.
Return for Risk
WATFX vs. FKINX — Risk / Return Rank
WATFX
FKINX
WATFX vs. FKINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Bond Fund (WATFX) 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.
| WATFX | FKINX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.66 | -0.70 |
Sortino ratioReturn per unit of downside risk | 1.37 | 2.34 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.38 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 1.94 | -0.31 |
Martin ratioReturn relative to average drawdown | 4.83 | 9.23 | -4.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WATFX | FKINX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.66 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.85 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.82 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.90 | -0.34 |
Correlation
The correlation between WATFX and FKINX is 0.15, 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
WATFX vs. FKINX - Dividend Comparison
WATFX's dividend yield for the trailing twelve months is around 3.85%, less than FKINX's 5.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WATFX Western Asset Core Bond Fund | 3.85% | 4.15% | 4.48% | 3.35% | 2.39% | 2.05% | 3.90% | 3.62% | 2.92% | 2.34% | 2.51% | 2.74% |
FKINX Franklin Income Fund Class A1 | 5.10% | 5.58% | 5.59% | 5.52% | 5.22% | 6.52% | 5.22% | 5.11% | 5.34% | 5.04% | 5.19% | 5.71% |
Drawdowns
WATFX vs. FKINX - Drawdown Comparison
The maximum WATFX drawdown since its inception was -23.69%, smaller than the maximum FKINX drawdown of -43.18%. Use the drawdown chart below to compare losses from any high point for WATFX and FKINX.
Loading graphics...
Drawdown Indicators
| WATFX | FKINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.69% | -43.18% | +19.49% |
Max Drawdown (1Y)Largest decline over 1 year | -3.04% | -6.72% | +3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -23.26% | -13.20% | -10.06% |
Max Drawdown (10Y)Largest decline over 10 years | -23.69% | -23.91% | +0.22% |
Current DrawdownCurrent decline from peak | -7.91% | -1.88% | -6.03% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -3.73% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.41% | -0.39% |
Volatility
WATFX vs. FKINX - Volatility Comparison
The current volatility for Western Asset Core Bond Fund (WATFX) is 1.59%, while Franklin Income Fund Class A1 (FKINX) has a volatility of 2.19%. This indicates that WATFX 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.
Loading graphics...
Volatility by Period
| WATFX | FKINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 2.19% | -0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 4.17% | -1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 7.87% | -3.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.80% | 7.95% | -1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 9.31% | -3.79% |