FRANKLIN FEDERAL Competition

FTFZX Fund

USD 10.45 -0.01 -0.1%

The fund is listed under the Muni National Short category and is part of the Franklin Templeton Investments family. Franklin Federal competes with PACE MUNICIPAL, Transamerica Intermediate, Blrc Sgy, T ROWE, and INTERMEDIATE-TERM and other related companies. This provides context for comparative analysis. Peer comparison for FRANKLIN FEDERAL provides quick context before deeper valuation work.

FRANKLIN FEDERAL vs T ROWE Correlation Overview

Almost no diversification

For the present investment horizon, the measured correlation between FTFZX and PRFHX stands at 0.98, or Almost no diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with FRANKLIN Mutual Fund

0.91	PEYAX	Putnam Equity Income	Pair Corr
0.95	TEDMX	Templeton Developing	Pair Corr
0.87	TEDIX	Franklin Mutual Global	Pair Corr
0.86	TEDSX	Franklin Mutual Global	Pair Corr
0.83	TEMGX	Templeton Global Smaller	Pair Corr

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FRANKLIN FEDERAL's price to converge to an average value over time is called mean reversion.

Hype

Prediction

Low	Estimated	High
10.37	10.45	10.53

Details

Intrinsic

Valuation

Low	Real	High
9.40	11.17	11.25

Details

Naive

Forecast

Low	Next	High
10.35	10.43	10.50

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
10.44	10.46	10.48

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as FRANKLIN FEDERAL. Your research has to be compared to or analyzed against FRANKLIN FEDERAL's peers to derive any actionable benefits.

FRANKLIN FEDERAL Competition Correlation Matrix

Correlation analysis between Franklin Federal Limited Term and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	PCMNX	TIMTX	MDMTX	PATFX	TWTIX	PRFHX
PCMNX		0.99	0.96	0.97	0.99	0.97	PCMNX
TIMTX	0.99		0.97	0.98	0.99	0.98	TIMTX
MDMTX	0.96	0.97		0.99	0.98	0.99	MDMTX
PATFX	0.97	0.98	0.99		0.99	0.99	PATFX
TWTIX	0.99	0.99	0.98	0.99		0.99	TWTIX
PRFHX	0.97	0.98	0.99	0.99	0.99		PRFHX
	PCMNX	TIMTX	MDMTX	PATFX	TWTIX	PRFHX

Risk-Adjusted Indicators

There is a big difference between FRANKLIN Mutual Fund performing well and FRANKLIN FEDERAL Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze FRANKLIN FEDERAL's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PCMNX	0.06	0.01	0.10	-1.58	-0.09	0.16	-0.08	0.72
TIMTX	0.08	0.01	0.12	1.50	-0.12	0.19	-0.09	0.83
MDMTX	0.08	0.01	0.08	-3.81	-0.16	0.19	-0.10	0.96
PATFX	0.11	0.01	0.11	-0.97	-0.15	0.27	-0.18	1.07
TWTIX	0.08	0.01	0.11	0.62	-0.14	0.19	-0.09	0.83
PRFHX	0.11	0.02	0.13	-0.72	-0.16	0.27	-0.18	1.17

FRANKLIN FEDERAL Competitive Analysis

The better you understand FRANKLIN FEDERAL competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, FRANKLIN FEDERAL's competitive analysis can cover a whole range of metrics.

Better Than Average

Worse Than Peers

View Performance Chart

	FTFZX	PCMNX	TIMTX	MDMTX	PATFX	TWTIX	PRFHX
	0.1 10.45 FRANKLIN	0.08 12.46 PACE	0.09 10.82 Transamerica	0.1 10.41 Blrc	0.18 11.24 PATFX	0.09 10.88 INTERMEDIATE-TERM	0.18 11.17 PRFHX
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Constructive	Constructive	Constructive	Balanced	Balanced	Constructive	Balanced
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset	953.79 M	343.58 M	1.43 B	3.35 B	5.55 B	3.82 B	3.41 B
Minimum Initial Investment	100 K	N/A	N/A	N/A	N/A	N/A	2.5 K
Price To Book	N/A	N/A	N/A	N/A	6.68 X	N/A	6.68 X
Five Year Return	1.98 %	1.38 %	0.84 %	0.75 %	1.45 %	1.39 %	1.74 %
One Year Return	4.25 %	5.20 %	4.70 %	2.44 %	3.46 %	4.62 %	4.52 %
Last Dividend Paid	0.01	0.02	0.02	0.02	0.03	0.02	0.03
Price To Earning	N/A	N/A	N/A	N/A	7.02 X	N/A	7.02 X
Price To Sales	N/A	N/A	N/A	N/A	0.94 X	N/A	0.94 X
Cash Position Weight	1.27 %	0.04 %	4.54 %	2.84 %	0.22 %	0.36 %	0.19 %
Equity Positions Weight	N/A	N/A	N/A	N/A	0.01 %	N/A	0.01 %
Three Year Return	4.27 %	4.20 %	4.55 %	3.77 %	5.50 %	4.22 %	5.87 %
Annual Yield	0.0016 %	0.0032 %	0.03 %	0.0038 %	0.04 %	0.03 %	0.04 %
Year To Date Return	0.96 %	1.91 %	1.44 %	1.21 %	1.52 %	1.43 %	1.66 %
Bond Positions Weight	98.73 %	N/A	95.46 %	8.73 %	10.93 %	0.08 %	99.68 %
Ten Year Return	1.71 %	3.42 %	N/A	3.81 %	4.44 %	3.11 %	4.72 %
Day Typical Price	10.45	12.46	10.82	10.41	11.24	10.88	11.17
Period Momentum Indicator	-0.01	-0.01	-0.01	-0.01	-0.02	-0.01	-0.02
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	10.45	12.46	10.82	10.41	11.24	10.88	11.17
Price Action Indicator	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Relative Strength Index	64.24	54.35	52.39	53.89	55.53	55.48	56.37
Coefficient Of Variation	378.86	400.74	477.76	732.08	653.18	514.83	597.85
Mean Deviation	0.045	0.0632	0.0767	0.0848	0.1059	0.0764	0.1086
Jensen Alpha	0.009	0.0145	0.0142	0.0091	0.0144	0.0142	0.0172
Total Risk Alpha	0.0102	0.0162	0.016	0.0114	0.0172	0.016	0.0202
Sortino Ratio	N/A	0.101	0.1221	0.083	0.1143	0.111	0.1319
Downside Variance	N/A	0.0728	0.0479	0.0691	0.0569	0.0575	0.0524
Standard Deviation	0.072	0.0985	0.115	0.1401	0.1606	0.1232	0.1645
Kurtosis	5.91	10.83	9.0	5.83	4.84	5.24	4.68
Potential Upside	0.0969	0.1605	0.1862	0.1936	0.2703	0.1855	0.2717
Treynor Ratio	3.75	-1.58	1.5	-3.81	-0.97	0.6168	-0.72
Maximum Drawdown	0.4813	0.7218	0.8314	0.9611	1.07	0.8293	1.17
Variance	0.0052	0.0097	0.0132	0.0196	0.0258	0.0152	0.0271
Market Risk Adjusted Performance	3.76	-1.57	1.51	-3.80	-0.96	0.6268	-0.71
Risk Adjusted Performance	0.1063	0.124	0.1042	0.0602	0.08	0.0971	0.092
Skewness	1.5	-2.42	-1.70	-0.93	-0.77	-0.30	-0.32
Information Ratio	0.3011	0.2767	0.2326	0.1557	0.1697	0.2159	0.1835
Value At Risk	-0.1	-0.08	-0.09	-0.1	-0.18	-0.09	-0.18
Expected Short fall	N/A	-0.09	-0.12	-0.16	-0.15	-0.14	-0.16
Downside Deviation	N/A	0.2698	0.2189	0.2629	0.2385	0.2397	0.2288
Semi Variance	N/A	-0.01	-0.01	-0.01	-0.0032	-0.02	-0.01

FRANKLIN FEDERAL Peer Performance Charts

How to Analyze FRANKLIN FEDERAL Against Peers

FRANKLIN FEDERAL's peer analysis compares FRANKLIN FEDERAL with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether FRANKLIN FEDERAL trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where FRANKLIN FEDERAL leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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FRANKLIN FEDERAL Competition

FRANKLIN FEDERAL vs T ROWE Correlation Overview

Almost no diversification

Moving together with FRANKLIN Mutual Fund

Specify up to 10 symbols:

FRANKLIN FEDERAL Competition Correlation Matrix

Risk-Adjusted Indicators

FRANKLIN FEDERAL Competitive Analysis

FRANKLIN FEDERAL Peer Performance Charts

How to Analyze FRANKLIN FEDERAL Against Peers

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