FGDL vs. DIVI

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin Responsibly Sourced Gold ETF (FGDL) and Franklin International Core Dividend Tilt Index ETF (DIVI).

FGDL and DIVI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FGDL is a passively managed fund by Franklin Templeton that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 30, 2022. DIVI is an actively managed fund by Franklin Templeton. It was launched on Jun 1, 2016.

Performance

FGDL vs. DIVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Responsibly Sourced Gold ETF (FGDL) and Franklin International Core Dividend Tilt Index ETF (DIVI). The values are adjusted to include any dividend payments, if applicable.

FGDL vs. DIVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FGDL Franklin Responsibly Sourced Gold ETF	7.93%	64.15%	27.31%	12.92%	0.91%
DIVI Franklin International Core Dividend Tilt Index ETF	2.64%	34.86%	1.77%	18.97%	5.89%

Returns By Period

In the year-to-date period, FGDL achieves a 7.93% return, which is significantly higher than DIVI's 2.64% return.

FGDL

• 1D: 3.39%
• 1M: -11.22%
• YTD: 7.93%
• 6M: 20.34%
• 1Y: 48.63%
• 3Y*: 33.11%
• 5Y*: —
• 10Y*: —

DIVI

• 1D: 3.00%
• 1M: -7.06%
• YTD: 2.64%
• 6M: 8.63%
• 1Y: 27.28%
• 3Y*: 15.82%
• 5Y*: 12.65%
• 10Y*: —

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

FGDL vs. DIVI - Expense Ratio Comparison

FGDL has a 0.15% expense ratio, which is higher than DIVI'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%.

FGDL

Franklin Responsibly Sourced Gold ETF

DIVI

Franklin International Core Dividend Tilt Index ETF

Return for Risk

FGDL vs. DIVI — Risk / Return Rank

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

FGDL

FGDL Risk / Return Rank: 85
FGDL Sharpe Ratio Rank: 87
FGDL Sortino Ratio Rank: 84
FGDL Omega Ratio Rank: 83
FGDL Calmar Ratio Rank: 87
FGDL Martin Ratio Rank: 85

DIVI

DIVI Risk / Return Rank: 84
DIVI Sharpe Ratio Rank: 84
DIVI Sortino Ratio Rank: 85
DIVI Omega Ratio Rank: 84
DIVI Calmar Ratio Rank: 84
DIVI Martin Ratio Rank: 85

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.

FGDL vs. DIVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Responsibly Sourced Gold ETF (FGDL) and Franklin International Core Dividend Tilt Index ETF (DIVI). 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.

	FGDL	DIVI	Difference
Sharpe ratio Return per unit of total volatility	1.75	1.59	+0.16
Sortino ratio Return per unit of downside risk	2.16	2.18	-0.02
Omega ratio Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio Return relative to maximum drawdown	2.64	2.31	+0.33
Martin ratio Return relative to average drawdown	9.52	9.28	+0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGDL vs. DIVI - Sharpe Ratio Comparison

The current FGDL Sharpe Ratio is 1.75, which is comparable to the DIVI Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FGDL and DIVI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FGDL	DIVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	1.59	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.63	+0.89

Correlation

The correlation between FGDL and DIVI is 0.33, 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.

Dividends

FGDL vs. DIVI - Dividend Comparison

FGDL has not paid dividends to shareholders, while DIVI's dividend yield for the trailing twelve months is around 3.81%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
DIVI Franklin International Core Dividend Tilt Index ETF	3.81%	3.76%	4.39%	3.17%	6.03%	2.77%	8.04%	1.61%	5.67%	5.22%	11.56%

Drawdowns

FGDL vs. DIVI - Drawdown Comparison

The maximum FGDL drawdown since its inception was -19.23%, smaller than the maximum DIVI drawdown of -27.76%. Use the drawdown chart below to compare losses from any high point for FGDL and DIVI.

Drawdown Indicators

	FGDL	DIVI	Difference
Max Drawdown Largest peak-to-trough decline	-19.23%	-27.76%	+8.53%
Max Drawdown (1Y) Largest decline over 1 year	-19.23%	-11.39%	-7.84%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.53%	—
Current Drawdown Current decline from peak	-13.76%	-7.30%	-6.46%
Average Drawdown Average peak-to-trough decline	-3.34%	-3.66%	+0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.33%	2.83%	+2.50%

Volatility

FGDL vs. DIVI - Volatility Comparison

Franklin Responsibly Sourced Gold ETF (FGDL) has a higher volatility of 10.75% compared to Franklin International Core Dividend Tilt Index ETF (DIVI) at 7.53%. This indicates that FGDL's price experiences larger fluctuations and is considered to be riskier than DIVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGDL	DIVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.75%	7.53%	+3.22%
Volatility (6M) Calculated over the trailing 6-month period	24.37%	10.71%	+13.66%
Volatility (1Y) Calculated over the trailing 1-year period	28.00%	17.24%	+10.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.96%	15.02%	+3.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	16.42%	+2.54%