FGDL vs. BR
Compare and contrast key facts about Franklin Responsibly Sourced Gold ETF (FGDL) and Broadridge Financial Solutions, Inc. (BR).
FGDL is a passively managed fund by Franklin that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 30, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGDL or BR.
Key characteristics
| FGDL | BR | |
|---|---|---|
| YTD Return | 25.29% | 4.28% |
| 1Y Return | 35.37% | 14.58% |
| Sharpe Ratio | 2.49 | 0.81 |
| Daily Std Dev | 14.28% | 18.56% |
| Max Drawdown | -11.26% | -59.02% |
| Current Drawdown | 0.00% | -2.61% |
Correlation
The correlation between FGDL and BR is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FGDL vs. BR - Performance Comparison
In the year-to-date period, FGDL achieves a 25.29% return, which is significantly higher than BR's 4.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FGDL vs. BR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Responsibly Sourced Gold ETF (FGDL) and Broadridge Financial Solutions, Inc. (BR). 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
FGDL vs. BR - Dividend Comparison
FGDL has not paid dividends to shareholders, while BR's dividend yield for the trailing twelve months is around 1.55%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGDL Franklin Responsibly Sourced Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BR Broadridge Financial Solutions, Inc. | 1.55% | 1.48% | 2.04% | 1.33% | 1.46% | 1.66% | 1.77% | 1.53% | 1.90% | 2.12% | 2.08% | 1.97% |
Drawdowns
FGDL vs. BR - Drawdown Comparison
The maximum FGDL drawdown since its inception was -11.26%, smaller than the maximum BR drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for FGDL and BR. For additional features, visit the drawdowns tool.
Volatility
FGDL vs. BR - Volatility Comparison
Franklin Responsibly Sourced Gold ETF (FGDL) has a higher volatility of 3.88% compared to Broadridge Financial Solutions, Inc. (BR) at 3.61%. This indicates that FGDL's price experiences larger fluctuations and is considered to be riskier than BR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.