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FFOG vs. ATFV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FFOGATFV
YTD Return25.47%22.72%
Daily Std Dev21.32%22.52%
Max Drawdown-15.14%-45.34%
Current Drawdown-5.53%-8.43%

Correlation

-0.50.00.51.00.8

The correlation between FFOG and ATFV is 0.83, 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

FFOG vs. ATFV - Performance Comparison

In the year-to-date period, FFOG achieves a 25.47% return, which is significantly higher than ATFV's 22.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
6.49%
6.17%
FFOG
ATFV

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FFOG vs. ATFV - Expense Ratio Comparison

Both FFOG and ATFV have an expense ratio of 0.55%.


FFOG
Franklin Focused Growth ETF
Expense ratio chart for FFOG: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for ATFV: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

FFOG vs. ATFV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Focused Growth ETF (FFOG) and Alger 35 ETF (ATFV). 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.


FFOG
Sharpe ratio
No data
ATFV
Sharpe ratio
The chart of Sharpe ratio for ATFV, currently valued at 1.88, compared to the broader market0.002.004.001.88
Sortino ratio
The chart of Sortino ratio for ATFV, currently valued at 2.48, compared to the broader market-2.000.002.004.006.008.0010.0012.002.48
Omega ratio
The chart of Omega ratio for ATFV, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for ATFV, currently valued at 1.04, compared to the broader market0.005.0010.0015.001.04
Martin ratio
The chart of Martin ratio for ATFV, currently valued at 10.29, compared to the broader market0.0020.0040.0060.0080.00100.0010.29

FFOG vs. ATFV - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

FFOG vs. ATFV - Dividend Comparison

FFOG has not paid dividends to shareholders, while ATFV's dividend yield for the trailing twelve months is around 0.01%.


TTM20232022
FFOG
Franklin Focused Growth ETF
0.00%0.00%0.00%
ATFV
Alger 35 ETF
0.01%0.01%0.06%

Drawdowns

FFOG vs. ATFV - Drawdown Comparison

The maximum FFOG drawdown since its inception was -15.14%, smaller than the maximum ATFV drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for FFOG and ATFV. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-5.53%
-3.90%
FFOG
ATFV

Volatility

FFOG vs. ATFV - Volatility Comparison

Franklin Focused Growth ETF (FFOG) has a higher volatility of 6.96% compared to Alger 35 ETF (ATFV) at 6.39%. This indicates that FFOG's price experiences larger fluctuations and is considered to be riskier than ATFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%AprilMayJuneJulyAugustSeptember
6.96%
6.39%
FFOG
ATFV