- ISIN
- US3547137295
- Issuer
- Franklin Templeton
- Inception Date
- Jun 23, 1999
- Category
- Large Cap Growth Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FRAAX Performance Chart
Franklin Growth Opportunities Fund (FRAAX) is up 11.1% since the beginning of the year. FRAAX is currently trading at $58 per share. Investors who bought $1,000 worth of FRAAX shares 5 years ago would now be looking at an investment worth $1,350.
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Returns By Period
Franklin Growth Opportunities Fund (FRAAX) has returned 11.11% so far this year and 19.54% over the past 12 months. Looking at the last ten years, FRAAX has achieved an annualized return of 15.17%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Franklin Growth Opportunities Fund
- 1D
- 1.85%
- 1M
- 3.63%
- YTD
- 11.11%
- 6M
- 10.20%
- 1Y
- 19.54%
- 3Y*
- 19.73%
- 5Y*
- 6.19%
- 10Y*
- 15.17%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FRAAX Monthly Returns History
Based on dividend-adjusted daily data since Jun 23, 1999, FRAAX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 59% of months were positive and 41% were negative. The best month was Feb 2000 with a return of +35.5%, while the worst month was Nov 2000 at -27.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FRAAX closed higher 53% of trading days. The best single day was Jan 3, 2001 with a return of +14.8%, 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 | -0.92% | -2.10% | -5.39% | 12.60% | 6.91% | 0.57% | 11.11% | ||||||
| 2025 | 3.99% | -4.47% | -8.99% | 2.22% | 8.14% | 5.77% | 1.29% | 0.05% | 2.63% | 1.11% | -1.93% | -0.63% | 8.35% |
| 2024 | 2.87% | 8.56% | 1.59% | -5.20% | 4.30% | 6.13% | -2.24% | 3.36% | 2.81% | -1.37% | 6.46% | -2.70% | 26.35% |
| 2023 | 7.64% | -2.14% | 5.67% | 1.22% | 4.73% | 6.54% | 3.47% | -0.77% | -5.94% | -2.77% | 13.14% | 4.77% | 39.92% |
| 2022 | -12.28% | -4.42% | 3.11% | -13.70% | -5.16% | -7.52% | 12.62% | -4.80% | -10.53% | 3.59% | 3.75% | -6.56% | -36.97% |
| 2021 | -1.86% | 0.95% | -1.44% | 7.64% | -1.50% | 9.50% | 1.41% | 3.95% | -5.40% | 7.29% | -1.29% | -8.36% | 9.71% |
Benchmark Metrics
Franklin Growth Opportunities Fund has an annualized alpha of 4.00%, beta of 1.16, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since June 23, 1999.
- This fund captured 136.09% of S&P 500 Index gains and 113.00% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 4.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 4.00%
- Beta
- 1.16
- R²
- 0.75
- Upside Capture
- 136.09%
- Downside Capture
- 113.00%
Expense Ratio
FRAAX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FRAAX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin Growth Opportunities Fund (FRAAX) 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.
| FRAAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.78 | -1.59 |
| Martin ratioReturn relative to average drawdown | 3.96 | 12.44 | -8.48 |
Dividends
Dividend History
Franklin Growth Opportunities Fund provided a 14.87% 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 | $5.39 | $5.77 | $1.68 | $0.31 | $3.12 | $6.84 | $4.17 | $3.16 | $0.64 | $0.66 |
Dividend yield | 14.87% | 16.52% | 9.57% | 11.80% | 4.31% | 0.48% | 5.29% | 16.03% | 12.10% | 8.13% | 1.97% | 1.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Growth Opportunities Fund. 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 | ||||||
| 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 | $5.39 | $5.39 |
| 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 | $0.31 | $0.31 |
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. 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 was 78.63%, occurring on Oct 9, 2002. Recovery took 2836 trading sessions.
The current Franklin Growth Opportunities Fund drawdown is 0.36%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -78.63%Oct 2002 | 2y 7mo | 11y 3mo | 13y 10moMar 2000 - Jan 2014 |
Bear market2022 | -47.54%Oct 2022 | 11mo 1d | 2y 1mo | 3y 18dNov 2021 - Dec 2024 |
COVID crash2020 | -31.55%Mar 2020 | 1mo 2d | 2mo 11d | 3mo 13dFeb 2020 - Jun 2020 |
2025 selloff2025 | -25.26%Apr 2025 | 3mo 16d | 4mo 22d | 8mo 8dDec 2024 - Aug 2025 |
Rate-hike selloffLate 2018 | -23.93%Dec 2018 | 3mo 26d | 3mo 19d | 7mo 15dAug 2018 - Apr 2019 |
Drawdown Indicators
| FRAAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.63% | -56.78% | -21.85% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -9.10% | -6.65% |
Max Drawdown (3Y)Largest decline over 3 years | -25.26% | -18.90% | -6.36% |
Max Drawdown (5Y)Largest decline over 5 years | -47.54% | -25.43% | -22.11% |
Max Drawdown (10Y)Largest decline over 10 years | -47.54% | -33.92% | -13.62% |
Current DrawdownCurrent decline from peak | -0.36% | -1.80% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -29.05% | -10.71% | -18.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 2.03% | +2.72% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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