DPG vs. FRURX

Last updated Jun 4, 2026

DPG (Duff & Phelps Utility and Infrastructure Fund Inc) and FRURX (Franklin Utilities Fund Class R) are both Utilities Equities funds. Over the past 10 years, DPG returned 7.71%/yr vs 9.13%/yr for FRURX. A 0.52 correlation means they provide meaningful diversification when combined. DPG charges 2.26%/yr vs 1.07%/yr for FRURX.

Performance

DPG vs. FRURX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Duff & Phelps Utility and Infrastructure Fund Inc (DPG) and Franklin Utilities Fund Class R (FRURX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DPG achieves a 13.60% return, which is significantly higher than FRURX's 5.70% return. Over the past 10 years, DPG has underperformed FRURX with an annualized return of 7.71%, while FRURX has yielded a comparatively higher 9.13% annualized return.

DPG

• 1D: -0.42%
• 1M: -4.85%
• YTD: 13.60%
• 6M: 12.54%
• 1Y: 22.19%
• 3Y*: 12.66%
• 5Y*: 7.61%
• 10Y*: 7.71%

FRURX

• 1D: 1.79%
• 1M: -4.90%
• YTD: 5.70%
• 6M: 4.20%
• 1Y: 12.36%
• 3Y*: 15.36%
• 5Y*: 10.18%
• 10Y*: 9.13%

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

DPG vs. FRURX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPG Duff & Phelps Utility and Infrastructure Fund Inc	13.60%	16.33%	38.22%	-25.07%	3.15%	30.37%	-8.91%	40.68%	-15.84%	9.12%
FRURX Franklin Utilities Fund Class R	5.70%	14.28%	26.66%	-5.22%	1.32%	17.55%	-2.13%	26.68%	2.19%	9.34%

Correlation

The correlation between DPG and FRURX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 2, 2011	0.52

The correlation between DPG and FRURX shifts across timeframes, from 0.52 (all time) to 0.67 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

DPG vs. FRURX — Risk / Return Rank

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

DPG

DPG Risk / Return Rank: 49
DPG Sharpe Ratio Rank: 39
DPG Sortino Ratio Rank: 38
DPG Omega Ratio Rank: 35
DPG Calmar Ratio Rank: 82
DPG Martin Ratio Rank: 51

FRURX

FRURX Risk / Return Rank: 13
FRURX Sharpe Ratio Rank: 12
FRURX Sortino Ratio Rank: 11
FRURX Omega Ratio Rank: 11
FRURX Calmar Ratio Rank: 18
FRURX Martin Ratio Rank: 14

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.

DPG vs. FRURX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Duff & Phelps Utility and Infrastructure Fund Inc (DPG) and Franklin Utilities Fund Class R (FRURX). 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.

	DPG	FRURX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	0.91	+0.91
Sortino ratio: Return per unit of downside risk	2.55	1.30	+1.25
Omega ratio: Gain probability vs. loss probability	1.32	1.16	+0.15
Calmar ratio: Return relative to maximum drawdown	3.81	1.56	+2.25
Martin ratio: Return relative to average drawdown	10.48	4.00	+6.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DPG vs. FRURX - Sharpe Ratio Comparison

The current DPG Sharpe Ratio is 1.82, which is higher than the FRURX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of DPG and FRURX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DPG	FRURX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	0.91	+0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.61	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.49	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.50	-0.25

Drawdowns

DPG vs. FRURX - Drawdown Comparison

The maximum DPG drawdown since its inception was -64.61%, which is greater than FRURX's maximum drawdown of -43.83%. Use the drawdown chart below to compare losses from any high point for DPG and FRURX.

Drawdown Indicators

	DPG	FRURX	Difference
Max Drawdown Largest peak-to-trough decline	-64.61%	-43.83%	-20.78%
Max Drawdown (1Y) Largest decline over 1 year	-5.85%	-8.15%	+2.30%
Max Drawdown (3Y) Largest decline over 3 years	-35.48%	-16.42%	-19.06%
Max Drawdown (5Y) Largest decline over 5 years	-41.11%	-22.83%	-18.28%
Max Drawdown (10Y) Largest decline over 10 years	-64.61%	-36.56%	-28.05%
Current Drawdown Current decline from peak	-5.67%	-6.50%	+0.83%
Average Drawdown Average peak-to-trough decline	-10.40%	-7.56%	-2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	3.17%	-1.04%

Volatility

DPG vs. FRURX - Volatility Comparison

The current volatility for Duff & Phelps Utility and Infrastructure Fund Inc (DPG) is 4.06%, while Franklin Utilities Fund Class R (FRURX) has a volatility of 5.32%. This indicates that DPG experiences smaller price fluctuations and is considered to be less risky than FRURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DPG	FRURX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	5.32%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	10.00%	11.34%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	12.27%	13.96%	-1.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.06%	16.91%	+4.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.01%	18.83%	+10.18%

DPG vs. FRURX - Expense Ratio Comparison

DPG has a 2.26% expense ratio, which is higher than FRURX's 1.07% expense ratio.

Dividends

DPG vs. FRURX - Dividend Comparison

DPG's dividend yield for the trailing twelve months is around 5.96%, less than FRURX's 7.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPG Duff & Phelps Utility and Infrastructure Fund Inc	5.96%	6.61%	7.19%	12.21%	10.36%	9.70%	11.48%	9.21%	11.81%	9.02%	9.03%	9.50%
FRURX Franklin Utilities Fund Class R	7.50%	7.48%	8.37%	6.12%	3.39%	4.66%	9.54%	3.90%	5.49%	3.30%	2.43%	5.78%

Frequently Asked Questions

Can I hold both DPG and FRURX in my portfolio?

DPG and FRURX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DPG or FRURX?

FRURX has higher volatility (5.32%) compared to DPG (4.06%). In terms of maximum drawdown, DPG dropped -64.61% vs FRURX's -43.83%.

Which has better risk-adjusted returns?

DPG currently has the higher Sharpe Ratio (1.82 vs 0.91), 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.