BUYZ vs. FGDL

Last updated Aug 5, 2026

BUYZ (Franklin Disruptive Commerce ETF) and FGDL (Franklin Responsibly Sourced Gold ETF) are both exchange-traded funds - BUYZ is a Large Cap Growth Equities fund actively managed by Franklin Templeton, while FGDL is a Gold fund tracking the LBMA Gold Price PM ($/ozt). BUYZ is actively managed, while FGDL is passively managed. Over the past 3 years, BUYZ returned 11.06%/yr vs 27.87%/yr for FGDL. Their 0.13 correlation means their historical movements had little consistent relationship. BUYZ charges 0.50%/yr vs 0.15%/yr for FGDL.

Performance

BUYZ vs. FGDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Disruptive Commerce ETF (BUYZ) and Franklin Responsibly Sourced Gold ETF (FGDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUYZ achieves a -10.19% return, which is significantly lower than FGDL's -5.81% return.

BUYZ

• 1D: 1.33%
• 1M: 2.85%
• 6M: 0.22%
• YTD: -10.19%
• 1Y: -12.12%
• 3Y*: 11.06%
• 5Y*: -7.10%
• 10Y*: —
• ALL TIME*: 6.84%

FGDL

• 1D: 0.56%
• 1M: -0.96%
• 6M: -17.83%
• YTD: -5.81%
• 1Y: 20.43%
• 3Y*: 27.87%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.74%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BUYZ Franklin Disruptive Commerce ETF	$13.78K	$15.43K	$16.35K
FGDL Franklin Responsibly Sourced Gold ETF	$928.01K	$896.66K	$1.26M

BUYZ vs. FGDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BUYZ Franklin Disruptive Commerce ETF	-10.19%	8.70%	28.25%	39.13%	-2.90%
FGDL Franklin Responsibly Sourced Gold ETF	-5.81%	64.15%	27.31%	12.92%	0.72%

Correlation

The correlation between BUYZ and FGDL is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.08
Correlation (All Time) Calculated using the full available price history since Jun 30, 2022	0.13

Return for Risk

BUYZ vs. FGDL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BUYZ

BUYZ Risk / Return Rank: 5
BUYZ Sharpe Ratio Rank: 5
BUYZ Sortino Ratio Rank: 5
BUYZ Omega Ratio Rank: 5
BUYZ Calmar Ratio Rank: 6
BUYZ Martin Ratio Rank: 6

FGDL

FGDL Risk / Return Rank: 26
FGDL Sharpe Ratio Rank: 28
FGDL Sortino Ratio Rank: 26
FGDL Omega Ratio Rank: 29
FGDL Calmar Ratio Rank: 23
FGDL Martin Ratio Rank: 22

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BUYZ vs. FGDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Disruptive Commerce ETF (BUYZ) and Franklin Responsibly Sourced Gold ETF (FGDL). 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.

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.

	BUYZ	FGDL	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	0.73	-1.25
Sortino ratio: Return per unit of downside risk	-0.58	1.07	-1.65
Omega ratio: Gain probability vs. loss probability	0.93	1.15	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.39	0.77	-1.17
Martin ratio: Return relative to average drawdown	-0.68	1.63	-2.31

BUYZ vs. FGDL - Sharpe Ratio Comparison

The current BUYZ Sharpe Ratio is -0.53, which is lower than the FGDL Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of BUYZ and FGDL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BUYZ vs. FGDL - Drawdown Comparison

The maximum BUYZ drawdown since its inception was -68.04%, which is greater than FGDL's maximum drawdown of -26.58%. Use the drawdown chart below to compare losses from any high point for BUYZ and FGDL.

Drawdown Indicators

	BUYZ	FGDL	Difference
Max Drawdown Largest peak-to-trough decline	-68.04%	-26.58%	-41.46%
Max Drawdown (1Y) Largest decline over 1 year	-30.85%	-26.58%	-4.27%
Max Drawdown (3Y) Largest decline over 3 years	-30.85%	-26.58%	-4.27%
Max Drawdown (5Y) Largest decline over 5 years	-63.04%	—	—
Current Drawdown Current decline from peak	-42.03%	-24.74%	-17.29%
Average Drawdown Average peak-to-trough decline	-38.89%	-4.67%	-34.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.88%	12.53%	+5.35%

Volatility

BUYZ vs. FGDL - Volatility Comparison

Franklin Disruptive Commerce ETF (BUYZ) has a higher volatility of 6.54% compared to Franklin Responsibly Sourced Gold ETF (FGDL) at 5.80%. This indicates that BUYZ's price experiences larger fluctuations and is considered to be riskier than FGDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUYZ	FGDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	5.80%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	18.14%	20.68%	-2.54%
Volatility (1Y) Calculated over the trailing 1-year period	23.25%	28.20%	-4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.28%	19.38%	+7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.78%	19.38%	+10.40%

BUYZ vs. FGDL - Expense Ratio Comparison

BUYZ has a 0.50% expense ratio, which is higher than FGDL's 0.15% expense ratio.

Dividends

BUYZ vs. FGDL - Dividend Comparison

Neither BUYZ nor FGDL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BUYZ Franklin Disruptive Commerce ETF	0.00%	0.00%	0.07%	0.00%	0.00%	0.77%
FGDL Franklin Responsibly Sourced Gold ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BUYZ and FGDL in my portfolio?

BUYZ and FGDL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUYZ or FGDL?

BUYZ has higher volatility (6.54%) compared to FGDL (5.80%). In terms of maximum drawdown, BUYZ dropped -68.04% vs FGDL's -26.58%.

Which ETF is better, BUYZ or FGDL?

On 3-year performance, FGDL leads with 27.87% vs 11.06% for BUYZ. On fees, FGDL is cheaper at 0.15% per year. On volatility, FGDL has been the lower-risk option at 5.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUYZ or FGDL?

Over the 3-year period, FGDL has performed better with a 27.87% return vs 11.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUYZ or FGDL?

FGDL is cheaper with a 0.15% expense ratio, compared with 0.50% for BUYZ.

Which ETF pays a higher dividend yield, BUYZ or FGDL?

BUYZ and FGDL have nearly identical dividend yields, around 0.00%.

What is the main difference between BUYZ and FGDL?

BUYZ is categorized as Large Cap Growth Equities, while FGDL is Gold. Their fees differ too: 0.50% for BUYZ and 0.15% for FGDL.

Which has better risk-adjusted returns?

FGDL currently has the higher Sharpe Ratio (0.73 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.