BEGRX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin Mutual Beacon Fund (BEGRX) and S&P 500 Index (^GSPC).

BEGRX is managed by Franklin Templeton. It was launched on Jun 28, 1962.

Performance

BEGRX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Mutual Beacon Fund (BEGRX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

BEGRX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BEGRX Franklin Mutual Beacon Fund	-1.99%	25.64%	8.64%	15.40%	-11.70%	16.64%	4.07%	22.57%	-8.84%	12.30%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, BEGRX achieves a -1.99% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, BEGRX has underperformed ^GSPC with an annualized return of 8.81%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

BEGRX

• 1D: 1.73%
• 1M: -7.37%
• YTD: -1.99%
• 6M: 4.07%
• 1Y: 16.10%
• 3Y*: 14.32%
• 5Y*: 7.76%
• 10Y*: 8.81%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BEGRX vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEGRX

BEGRX Risk / Return Rank: 53
BEGRX Sharpe Ratio Rank: 54
BEGRX Sortino Ratio Rank: 57
BEGRX Omega Ratio Rank: 51
BEGRX Calmar Ratio Rank: 50
BEGRX Martin Ratio Rank: 53

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEGRX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Beacon Fund (BEGRX) and S&P 500 Index (^GSPC). 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.

	BEGRX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.92	+0.15
Sortino ratio Return per unit of downside risk	1.59	1.41	+0.18
Omega ratio Gain probability vs. loss probability	1.22	1.21	+0.01
Calmar ratio Return relative to maximum drawdown	1.33	1.41	-0.08
Martin ratio Return relative to average drawdown	5.49	6.61	-1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BEGRX vs. ^GSPC - Sharpe Ratio Comparison

The current BEGRX Sharpe Ratio is 1.06, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of BEGRX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BEGRX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.92	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.61	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.68	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.46	-0.41

Correlation

The correlation between BEGRX and ^GSPC is 0.78, 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.

Drawdowns

BEGRX vs. ^GSPC - Drawdown Comparison

The maximum BEGRX drawdown since its inception was -73.56%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BEGRX and ^GSPC.

Drawdown Indicators

	BEGRX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-73.56%	-56.78%	-16.78%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	-12.14%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-26.70%	-25.43%	-1.27%
Max Drawdown (10Y) Largest decline over 10 years	-37.11%	-33.92%	-3.19%
Current Drawdown Current decline from peak	-8.16%	-5.78%	-2.38%
Average Drawdown Average peak-to-trough decline	-36.78%	-10.75%	-26.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.60%	+0.35%

Volatility

BEGRX vs. ^GSPC - Volatility Comparison

The current volatility for Franklin Mutual Beacon Fund (BEGRX) is 4.43%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that BEGRX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BEGRX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	5.37%	-0.94%
Volatility (6M) Calculated over the trailing 6-month period	7.84%	9.55%	-1.71%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	18.33%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	16.90%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	18.05%	-1.41%