FDTRX vs. FKDNX

Last updated Jun 5, 2026

FDTRX (Franklin DynaTech Fund Class R6) and FKDNX (Franklin DynaTech Fund) are both mutual funds - FDTRX is a Technology Equities fund managed by Franklin Templeton, while FKDNX is a Large Cap Growth Equities fund managed by Franklin Templeton. Over the past 10 years, FDTRX returned 18.67%/yr vs 18.24%/yr for FKDNX. With a 1.00 correlation, they move nearly in lockstep. FDTRX charges 0.48%/yr vs 0.79%/yr for FKDNX.

Performance

FDTRX vs. FKDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin DynaTech Fund Class R6 (FDTRX) and Franklin DynaTech Fund (FKDNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FDTRX having a 12.36% return and FKDNX slightly lower at 12.20%. Both investments have delivered pretty close results over the past 10 years, with FDTRX having a 18.67% annualized return and FKDNX not far behind at 18.24%.

FDTRX

• 1D: -1.14%
• 1M: 5.69%
• YTD: 12.36%
• 6M: 10.72%
• 1Y: 28.69%
• 3Y*: 25.78%
• 5Y*: 11.07%
• 10Y*: 18.67%

FKDNX

• 1D: -1.14%
• 1M: 5.66%
• YTD: 12.20%
• 6M: 10.54%
• 1Y: 28.27%
• 3Y*: 25.36%
• 5Y*: 10.69%
• 10Y*: 18.24%

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

FDTRX vs. FKDNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDTRX Franklin DynaTech Fund Class R6	12.36%	18.97%	31.01%	44.92%	-40.07%	12.90%	58.22%	36.84%	3.22%	39.87%
FKDNX Franklin DynaTech Fund	12.20%	18.59%	30.57%	44.42%	-40.30%	12.53%	57.68%	36.36%	2.85%	39.29%

Correlation

The correlation between FDTRX and FKDNX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jun 27, 2013	1.00

The correlation between FDTRX and FKDNX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

FDTRX vs. FKDNX — Risk / Return Rank

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

FDTRX

FDTRX Risk / Return Rank: 21
FDTRX Sharpe Ratio Rank: 26
FDTRX Sortino Ratio Rank: 22
FDTRX Omega Ratio Rank: 24
FDTRX Calmar Ratio Rank: 17
FDTRX Martin Ratio Rank: 17

FKDNX

FKDNX Risk / Return Rank: 20
FKDNX Sharpe Ratio Rank: 25
FKDNX Sortino Ratio Rank: 21
FKDNX Omega Ratio Rank: 23
FKDNX Calmar Ratio Rank: 17
FKDNX Martin Ratio Rank: 16

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.

FDTRX vs. FKDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin DynaTech Fund Class R6 (FDTRX) and Franklin DynaTech Fund (FKDNX). 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.

	FDTRX	FKDNX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.44	+0.02
Sortino ratio: Return per unit of downside risk	1.97	1.95	+0.02
Omega ratio: Gain probability vs. loss probability	1.26	1.25	0.00
Calmar ratio: Return relative to maximum drawdown	1.46	1.43	+0.03
Martin ratio: Return relative to average drawdown	4.56	4.46	+0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDTRX vs. FKDNX - Sharpe Ratio Comparison

The current FDTRX Sharpe Ratio is 1.46, which is comparable to the FKDNX Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of FDTRX and FKDNX, 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

	FDTRX	FKDNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	1.44	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.41	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.74	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.67	+0.08

Drawdowns

FDTRX vs. FKDNX - Drawdown Comparison

The maximum FDTRX drawdown since its inception was -48.10%, smaller than the maximum FKDNX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for FDTRX and FKDNX.

Drawdown Indicators

	FDTRX	FKDNX	Difference
Max Drawdown Largest peak-to-trough decline	-48.10%	-51.63%	+3.53%
Max Drawdown (1Y) Largest decline over 1 year	-20.39%	-20.49%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-26.19%	-26.23%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-48.10%	-48.28%	+0.18%
Max Drawdown (10Y) Largest decline over 10 years	-48.10%	-48.28%	+0.18%
Current Drawdown Current decline from peak	-1.14%	-1.14%	0.00%
Average Drawdown Average peak-to-trough decline	-9.14%	-11.25%	+2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.52%	6.57%	-0.05%

Volatility

FDTRX vs. FKDNX - Volatility Comparison

Franklin DynaTech Fund Class R6 (FDTRX) and Franklin DynaTech Fund (FKDNX) have volatilities of 4.99% and 4.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTRX	FKDNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	4.99%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	15.86%	15.86%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	20.41%	20.41%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.21%	26.20%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	24.61%	0.00%

FDTRX vs. FKDNX - Expense Ratio Comparison

FDTRX has a 0.48% expense ratio, which is lower than FKDNX's 0.79% expense ratio.

Dividends

FDTRX vs. FKDNX - Dividend Comparison

FDTRX's dividend yield for the trailing twelve months is around 9.24%, less than FKDNX's 9.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDTRX Franklin DynaTech Fund Class R6	9.24%	10.39%	0.00%	0.00%	0.00%	1.36%	0.00%	0.71%	2.80%	1.71%	3.44%	2.40%
FKDNX Franklin DynaTech Fund	9.95%	11.17%	0.00%	0.00%	0.00%	1.43%	0.00%	0.74%	2.92%	1.77%	3.55%	2.46%

Frequently Asked Questions

Can I hold both FDTRX and FKDNX in my portfolio?

With a correlation of 1.00, FDTRX and FKDNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDTRX or FKDNX?

FKDNX has higher volatility (4.99%) compared to FDTRX (4.99%). In terms of maximum drawdown, FDTRX dropped -48.10% vs FKDNX's -51.63%.

Which has better risk-adjusted returns?

FDTRX currently has the higher Sharpe Ratio (1.46 vs 1.44), 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.