FCAZX vs. SPY
Compare and contrast key facts about Franklin Corefolio Allocation Fund (FCAZX) and SPDR S&P 500 ETF (SPY).
FCAZX is managed by Franklin Templeton. It was launched on Aug 14, 2003. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCAZX or SPY.
Correlation
The correlation between FCAZX and SPY is 0.94, 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.
Performance
FCAZX vs. SPY - Performance Comparison
Key characteristics
FCAZX:
0.68
SPY:
1.88
FCAZX:
0.98
SPY:
2.53
FCAZX:
1.13
SPY:
1.35
FCAZX:
0.68
SPY:
2.83
FCAZX:
3.05
SPY:
11.74
FCAZX:
2.92%
SPY:
2.02%
FCAZX:
13.08%
SPY:
12.64%
FCAZX:
-35.08%
SPY:
-55.19%
FCAZX:
-2.18%
SPY:
-0.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with FCAZX having a 4.34% return and SPY slightly lower at 4.15%. Over the past 10 years, FCAZX has underperformed SPY with an annualized return of 3.63%, while SPY has yielded a comparatively higher 13.18% annualized return.
FCAZX
4.34%
0.58%
4.76%
9.71%
4.19%
3.63%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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FCAZX vs. SPY - Expense Ratio Comparison
FCAZX has a 0.16% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCAZX vs. SPY — Risk-Adjusted Performance Rank
FCAZX
SPY
FCAZX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Corefolio Allocation Fund (FCAZX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FCAZX vs. SPY - Dividend Comparison
FCAZX's dividend yield for the trailing twelve months is around 1.04%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCAZX Franklin Corefolio Allocation Fund | 1.04% | 1.09% | 0.77% | 0.33% | 1.03% | 1.04% | 1.25% | 1.13% | 1.19% | 1.24% | 1.27% | 1.94% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCAZX vs. SPY - Drawdown Comparison
The maximum FCAZX drawdown since its inception was -35.08%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCAZX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCAZX vs. SPY - Volatility Comparison
The current volatility for Franklin Corefolio Allocation Fund (FCAZX) is 2.78%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that FCAZX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.