FDTRX vs. UPUPX

Last updated Jun 25, 2026

FDTRX (Franklin DynaTech Fund Class R6) and UPUPX (Upright Growth Fund) are both Technology Equities funds. Over the past 10 years, FDTRX returned 18.57%/yr vs 7.02%/yr for UPUPX. A 0.63 correlation means they provide meaningful diversification when combined. FDTRX charges 0.48%/yr vs 2.09%/yr for UPUPX.

Performance

FDTRX vs. UPUPX - Performance Comparison

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

Returns By Period

In the year-to-date period, FDTRX achieves a 6.48% return, which is significantly lower than UPUPX's 39.05% return. Over the past 10 years, FDTRX has outperformed UPUPX with an annualized return of 18.57%, while UPUPX has yielded a comparatively lower 7.02% annualized return.

FDTRX

• 1D: -3.51%
• 1M: -1.97%
• YTD: 6.48%
• 6M: 4.41%
• 1Y: 19.34%
• 3Y*: 23.02%
• 5Y*: 8.07%
• 10Y*: 18.57%

UPUPX

• 1D: -4.90%
• 1M: -7.27%
• YTD: 39.05%
• 6M: 38.13%
• 1Y: 61.42%
• 3Y*: 29.78%
• 5Y*: 6.94%
• 10Y*: 7.02%

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

FDTRX vs. UPUPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDTRX Franklin DynaTech Fund Class R6	6.48%	18.97%	31.01%	44.92%	-40.07%	12.90%	58.22%	36.84%	3.22%	39.87%
UPUPX Upright Growth Fund	39.05%	20.83%	30.23%	8.10%	-45.66%	57.76%	108.70%	7.48%	-49.71%	-14.17%

Correlation

The correlation between FDTRX and UPUPX is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jun 26, 2013	0.63

The correlation between FDTRX and UPUPX has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

Return for Risk

FDTRX vs. UPUPX — Risk / Return Rank

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

FDTRX

FDTRX Risk / Return Rank: 14
FDTRX Sharpe Ratio Rank: 15
FDTRX Sortino Ratio Rank: 14
FDTRX Omega Ratio Rank: 15
FDTRX Calmar Ratio Rank: 12
FDTRX Martin Ratio Rank: 13

UPUPX

UPUPX Risk / Return Rank: 73
UPUPX Sharpe Ratio Rank: 73
UPUPX Sortino Ratio Rank: 55
UPUPX Omega Ratio Rank: 61
UPUPX Calmar Ratio Rank: 89
UPUPX Martin Ratio Rank: 87

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. UPUPX - Risk-Adjusted Trends Comparison

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

	FDTRX	UPUPX	Difference
Sharpe ratio: Return per unit of total volatility	0.98	2.23	-1.25
Sortino ratio: Return per unit of downside risk	1.39	2.73	-1.34
Omega ratio: Gain probability vs. loss probability	1.18	1.38	-0.20
Calmar ratio: Return relative to maximum drawdown	1.06	4.09	-3.02
Martin ratio: Return relative to average drawdown	3.26	14.76	-11.50

FDTRX vs. UPUPX - Sharpe Ratio Comparison

The current FDTRX Sharpe Ratio is 0.98, which is lower than the UPUPX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of FDTRX and UPUPX, 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

FDTRX vs. UPUPX - Drawdown Comparison

The maximum FDTRX drawdown since its inception was -48.10%, smaller than the maximum UPUPX drawdown of -78.77%. Use the drawdown chart below to compare losses from any high point for FDTRX and UPUPX.

Drawdown Indicators

	FDTRX	UPUPX	Difference
Max Drawdown Largest peak-to-trough decline	-48.10%	-78.77%	+30.67%
Max Drawdown (1Y) Largest decline over 1 year	-20.39%	-16.35%	-4.04%
Max Drawdown (3Y) Largest decline over 3 years	-26.19%	-33.68%	+7.49%
Max Drawdown (5Y) Largest decline over 5 years	-48.10%	-49.24%	+1.14%
Max Drawdown (10Y) Largest decline over 10 years	-48.10%	-75.55%	+27.45%
Current Drawdown Current decline from peak	-6.31%	-13.87%	+7.56%
Average Drawdown Average peak-to-trough decline	-9.12%	-32.06%	+22.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	4.52%	+2.11%

Volatility

FDTRX vs. UPUPX - Volatility Comparison

The current volatility for Franklin DynaTech Fund Class R6 (FDTRX) is 9.72%, while Upright Growth Fund (UPUPX) has a volatility of 15.52%. This indicates that FDTRX experiences smaller price fluctuations and is considered to be less risky than UPUPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTRX	UPUPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	15.52%	-5.80%
Volatility (6M) Calculated over the trailing 6-month period	17.89%	24.98%	-7.09%
Volatility (1Y) Calculated over the trailing 1-year period	22.20%	30.01%	-7.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.48%	31.36%	-4.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.74%	34.24%	-9.50%

FDTRX vs. UPUPX - Expense Ratio Comparison

FDTRX has a 0.48% expense ratio, which is lower than UPUPX's 2.09% expense ratio.

Dividends

FDTRX vs. UPUPX - Dividend Comparison

FDTRX's dividend yield for the trailing twelve months is around 9.75%, more than UPUPX's 6.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDTRX Franklin DynaTech Fund Class R6	9.75%	10.39%	0.00%	0.00%	0.00%	1.36%	0.00%	0.71%	2.80%	1.71%	3.44%	2.40%
UPUPX Upright Growth Fund	6.08%	8.45%	0.00%	2.12%	1.33%	3.85%	0.00%	0.00%	0.00%	3.53%	21.87%	5.39%

Frequently Asked Questions

Can I hold both FDTRX and UPUPX in my portfolio?

FDTRX and UPUPX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDTRX or UPUPX?

UPUPX has higher volatility (15.52%) compared to FDTRX (9.72%). In terms of maximum drawdown, FDTRX dropped -48.10% vs UPUPX's -78.77%.

Which has better risk-adjusted returns?

UPUPX currently has the higher Sharpe Ratio (2.23 vs 0.98), 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.