EMF vs. FRDPX

Last updated Jun 24, 2026

EMF (Templeton Emerging Markets Fund) and FRDPX (Franklin Rising Dividends Fund) are both mutual funds - EMF is a Emerging Markets Equities fund actively managed by Franklin Templeton, while FRDPX is a Large Cap Blend Equities fund managed by Franklin Templeton. Over the past 10 years, EMF returned 15.62%/yr vs 11.53%/yr for FRDPX. At a 0.47 correlation, their price movements are largely independent. EMF charges 1.43%/yr vs 0.85%/yr for FRDPX.

Performance

EMF vs. FRDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Templeton Emerging Markets Fund (EMF) and Franklin Rising Dividends Fund (FRDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMF achieves a 38.50% return, which is significantly higher than FRDPX's 5.20% return. Over the past 10 years, EMF has outperformed FRDPX with an annualized return of 15.62%, while FRDPX has yielded a comparatively lower 11.53% annualized return.

EMF

• 1D: -5.61%
• 1M: 6.38%
• YTD: 38.50%
• 6M: 43.73%
• 1Y: 82.29%
• 3Y*: 35.33%
• 5Y*: 11.55%
• 10Y*: 15.62%

FRDPX

• 1D: -0.22%
• 1M: 0.76%
• YTD: 5.20%
• 6M: 4.44%
• 1Y: 13.66%
• 3Y*: 11.46%
• 5Y*: 8.39%
• 10Y*: 11.53%

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

EMF vs. FRDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EMF Templeton Emerging Markets Fund	38.50%	58.20%	6.56%	8.84%	-21.53%	-8.23%	24.48%	27.20%	-14.78%	53.55%
FRDPX Franklin Rising Dividends Fund	5.20%	11.96%	10.92%	12.10%	-10.69%	26.62%	16.29%	29.83%	-5.27%	17.33%

Correlation

The correlation between EMF and FRDPX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jan 11, 1990	0.47

The correlation between EMF and FRDPX shifts across timeframes, from 0.37 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

EMF vs. FRDPX — Risk / Return Rank

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

EMF

EMF Risk / Return Rank: 91
EMF Sharpe Ratio Rank: 97
EMF Sortino Ratio Rank: 89
EMF Omega Ratio Rank: 89
EMF Calmar Ratio Rank: 89
EMF Martin Ratio Rank: 90

FRDPX

FRDPX Risk / Return Rank: 32
FRDPX Sharpe Ratio Rank: 30
FRDPX Sortino Ratio Rank: 30
FRDPX Omega Ratio Rank: 27
FRDPX Calmar Ratio Rank: 34
FRDPX Martin Ratio Rank: 40

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.

EMF vs. FRDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Templeton Emerging Markets Fund (EMF) and Franklin Rising Dividends Fund (FRDPX). 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.

	EMF	FRDPX	Difference
Sharpe ratio: Return per unit of total volatility	3.39	1.45	+1.94
Sortino ratio: Return per unit of downside risk	4.01	2.11	+1.90
Omega ratio: Gain probability vs. loss probability	1.60	1.25	+0.35
Calmar ratio: Return relative to maximum drawdown	4.25	2.09	+2.15
Martin ratio: Return relative to average drawdown	16.55	8.15	+8.40

EMF vs. FRDPX - Sharpe Ratio Comparison

The current EMF Sharpe Ratio is 3.39, which is higher than the FRDPX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of EMF and FRDPX, 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

EMF vs. FRDPX - Drawdown Comparison

The maximum EMF drawdown since its inception was -76.97%, which is greater than FRDPX's maximum drawdown of -51.57%. Use the drawdown chart below to compare losses from any high point for EMF and FRDPX.

Drawdown Indicators

	EMF	FRDPX	Difference
Max Drawdown Largest peak-to-trough decline	-76.97%	-51.57%	-25.40%
Max Drawdown (1Y) Largest decline over 1 year	-19.48%	-7.10%	-12.38%
Max Drawdown (3Y) Largest decline over 3 years	-19.48%	-18.26%	-1.22%
Max Drawdown (5Y) Largest decline over 5 years	-45.08%	-21.07%	-24.01%
Max Drawdown (10Y) Largest decline over 10 years	-47.65%	-34.89%	-12.76%
Current Drawdown Current decline from peak	-5.61%	-0.92%	-4.69%
Average Drawdown Average peak-to-trough decline	-28.96%	-5.81%	-23.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	1.82%	+3.17%

Volatility

EMF vs. FRDPX - Volatility Comparison

Templeton Emerging Markets Fund (EMF) has a higher volatility of 11.23% compared to Franklin Rising Dividends Fund (FRDPX) at 2.79%. This indicates that EMF's price experiences larger fluctuations and is considered to be riskier than FRDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMF	FRDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.23%	2.79%	+8.44%
Volatility (6M) Calculated over the trailing 6-month period	22.06%	7.83%	+14.23%
Volatility (1Y) Calculated over the trailing 1-year period	24.39%	10.28%	+14.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.89%	15.36%	+5.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.68%	17.19%	+3.49%

EMF vs. FRDPX - Expense Ratio Comparison

EMF has a 1.43% expense ratio, which is higher than FRDPX's 0.85% expense ratio.

Dividends

EMF vs. FRDPX - Dividend Comparison

EMF's dividend yield for the trailing twelve months is around 7.27%, less than FRDPX's 9.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMF Templeton Emerging Markets Fund	7.27%	9.73%	4.28%	6.22%	9.89%	6.92%	3.51%	7.36%	5.92%	12.11%	1.62%	12.81%
FRDPX Franklin Rising Dividends Fund	9.72%	10.25%	10.15%	4.60%	4.96%	4.42%	0.82%	3.01%	5.20%	0.90%	3.09%	5.30%

Frequently Asked Questions

Can I hold both EMF and FRDPX in my portfolio?

EMF and FRDPX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMF or FRDPX?

EMF has higher volatility (11.23%) compared to FRDPX (2.79%). In terms of maximum drawdown, EMF dropped -76.97% vs FRDPX's -51.57%.

Which has better risk-adjusted returns?

EMF currently has the higher Sharpe Ratio (3.39 vs 1.45), 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.