- Issuer
- Franklin
- Inception Date
- Jun 23, 1999
- Category
- Large Cap Growth Equities
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FGRAX Performance Chart
Franklin Growth Opportunities Fund Class A (FGRAX) is up 4.0% since the beginning of the year. FGRAX is currently trading at $46 per share. Investors who bought $1,000 worth of FGRAX shares 5 years ago would now be looking at an investment worth $1,600.
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Returns By Period
Franklin Growth Opportunities Fund Class A (FGRAX) has returned 4.01% so far this year and 7.23% over the past 12 months. Looking at the last ten years, FGRAX has achieved an annualized return of 17.14%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
Franklin Growth Opportunities Fund Class A
- 1D
- 2.86%
- 1M
- -3.61%
- 6M
- 4.99%
- YTD
- 4.01%
- 1Y
- 7.23%
- 3Y*
- 14.93%
- 5Y*
- 9.86%
- 10Y*
- 17.14%
- ALL TIME*
- 11.34%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FGRAX Monthly Returns History
Based on dividend-adjusted daily data since Jun 23, 1999, FGRAX's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.
Historically, 59% of months were positive and 41% were negative. The best month was Feb 2000 with a return of +35.6%, while the worst month was Nov 2000 at -27.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FGRAX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +28.7%, while the worst single day was Mar 16, 2020 at -11.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.93% | -2.12% | -5.41% | 12.57% | 6.89% | 0.41% | -6.15% | 4.01% | |||||
| 2025 | 3.97% | -4.49% | -9.00% | 2.19% | 8.11% | 5.75% | 1.27% | 0.04% | 2.62% | 1.09% | -1.95% | -0.63% | 8.10% |
| 2024 | 2.83% | 8.54% | 1.59% | -5.23% | 4.28% | 6.11% | -2.26% | 3.34% | 2.78% | -1.38% | 6.43% | -3.02% | 25.65% |
| 2023 | 7.59% | -2.14% | 5.62% | 1.19% | 4.73% | 6.51% | 3.46% | -0.80% | -5.96% | -2.78% | 13.10% | 4.74% | 39.54% |
| 2022 | -12.29% | -4.45% | 3.09% | -13.72% | -5.17% | -7.55% | 12.59% | -4.81% | -10.54% | 3.53% | 3.73% | -6.58% | -37.14% |
| 2021 | -1.89% | 0.91% | -1.45% | 7.61% | -1.53% | 9.48% | 1.39% | 3.94% | -5.41% | 7.25% | -1.30% | 24.08% | 48.19% |
Benchmark Metrics
Franklin Growth Opportunities Fund Class A has an annualized alpha of 4.76%, beta of 1.16, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since June 23, 1999.
- This fund captured 141.62% of S&P 500 Index gains and 114.34% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 4.76% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 4.76%
- Beta
- 1.16
- R²
- 0.73
- Upside Capture
- 141.62%
- Downside Capture
- 114.34%
Expense Ratio
FGRAX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FGRAX ranks 8 for risk / return — above 8% of mutual funds peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Franklin Growth Opportunities Fund Class A (FGRAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FGRAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 2.00 | -1.65 |
| Martin ratioReturn relative to average drawdown | 1.10 | 8.49 | -7.39 |
Dividends
Dividend History
Franklin Growth Opportunities Fund Class A provided a 18.97% dividend yield over the last twelve months, with an annual payout of $8.65 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.65 | $8.65 | $5.21 | $5.77 | $1.68 | $16.67 | $3.12 | $6.84 | $4.17 | $3.16 | $0.64 | $0.66 |
Dividend yield | 18.97% | 19.73% | 10.72% | 13.47% | 4.83% | 28.81% | 5.83% | 17.52% | 13.10% | 8.71% | 2.09% | 2.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Growth Opportunities Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.65 | $8.65 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.21 | $5.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.77 | $5.77 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.68 | $1.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $16.67 | $16.67 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Growth Opportunities Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Growth Opportunities Fund Class A was 78.79%, occurring on Oct 9, 2002. Recovery took 2862 trading sessions.
The current Franklin Growth Opportunities Fund Class A drawdown is 6.61%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-78.79%Oct 2002 | 2y 7mo | 11y 4mo | 13y 11moMar 2000 - Feb 2014 | Dot-com crash2000–2002 |
-40.30%Oct 2022 | 9mo 20d | 1y 8mo | 2y 5moDec 2021 - Jun 2024 | Bear market2022 |
-31.57%Mar 2020 | 1mo 2d | 2mo 11d | 3mo 13dFeb 2020 - Jun 2020 | COVID crash2020 |
-26.30%Apr 2025 | 3mo 16d | 5mo 13d | 8mo 29dDec 2024 - Sep 2025 | 2025 selloff2025 |
-23.99%Dec 2018 | 3mo 26d | 3mo 19d | 7mo 15dAug 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| FGRAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.79% | -56.78% | -22.01% |
Max Drawdown (1Y)Largest decline over 1 year | -15.82% | -9.10% | -6.72% |
Max Drawdown (3Y)Largest decline over 3 years | -26.30% | -18.90% | -7.40% |
Max Drawdown (5Y)Largest decline over 5 years | -40.30% | -25.43% | -14.87% |
Max Drawdown (10Y)Largest decline over 10 years | -40.30% | -33.92% | -6.38% |
Current DrawdownCurrent decline from peak | -6.61% | -1.58% | -5.03% |
Average DrawdownAverage peak-to-trough decline | -28.65% | -10.70% | -17.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 2.14% | +2.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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