FGPMX vs. RYPMX
FGPMX (Franklin Gold and Precious Metals Fund Class R6) and RYPMX (Rydex Precious Metals Fund) are both mutual funds - FGPMX is a Gold fund actively managed by Franklin Templeton, while RYPMX is a Precious Metals fund managed by Rydex Funds. Over the past 5 years, FGPMX returned 19.30%/yr vs 15.97%/yr for RYPMX. Their correlation of 0.92 means they have usually moved in the same direction. FGPMX charges 0.54%/yr vs 1.26%/yr for RYPMX.
Performance
FGPMX vs. RYPMX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FGPMX having a -12.20% return and RYPMX slightly higher at -11.80%.
FGPMX
- 1D
- -2.45%
- 1M
- -6.57%
- 6M
- -19.67%
- YTD
- -12.20%
- 1Y
- 62.14%
- 3Y*
- 46.26%
- 5Y*
- 19.30%
- 10Y*
- —
- ALL TIME*
- 15.29%
RYPMX
- 1D
- -3.23%
- 1M
- -6.94%
- 6M
- -20.55%
- YTD
- -11.80%
- 1Y
- 46.03%
- 3Y*
- 35.07%
- 5Y*
- 15.97%
- 10Y*
- 9.80%
- ALL TIME*
- 2.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FGPMX vs. RYPMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGPMX Franklin Gold and Precious Metals Fund Class R6 | -12.20% | 197.33% | 18.11% | 2.35% | -23.15% | -3.66% | 44.76% | 52.07% | -17.76% | -10.66% |
RYPMX Rydex Precious Metals Fund | -11.80% | 148.94% | 10.14% | 4.24% | -10.57% | -8.96% | 34.25% | 52.91% | -16.56% | -2.22% |
Correlation
The correlation between FGPMX and RYPMX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2017 | 0.92 |
The correlation between FGPMX and RYPMX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
FGPMX vs. RYPMX — Risk / Return Rank
FGPMX
RYPMX
FGPMX vs. RYPMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Gold and Precious Metals Fund Class R6 (FGPMX) and Rydex Precious Metals Fund (RYPMX). 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.
| FGPMX | RYPMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.19 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.23 | +0.51 |
| Martin ratioReturn relative to average drawdown | 3.85 | 2.70 | +1.16 |
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Drawdowns
FGPMX vs. RYPMX - Drawdown Comparison
The maximum FGPMX drawdown since its inception was -48.71%, smaller than the maximum RYPMX drawdown of -81.25%. Use the drawdown chart below to compare losses from any high point for FGPMX and RYPMX.
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Drawdown Indicators
| FGPMX | RYPMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.71% | -81.25% | +32.54% |
Max Drawdown (1Y)Largest decline over 1 year | -37.34% | -38.89% | +1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -37.34% | -38.89% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -48.71% | -46.46% | -2.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.81% | — |
Current DrawdownCurrent decline from peak | -34.77% | -36.07% | +1.30% |
Average DrawdownAverage peak-to-trough decline | -18.12% | -40.33% | +22.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.80% | 17.70% | -0.90% |
Volatility
FGPMX vs. RYPMX - Volatility Comparison
Franklin Gold and Precious Metals Fund Class R6 (FGPMX) and Rydex Precious Metals Fund (RYPMX) have volatilities of 13.37% and 12.94%, 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.
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Volatility by Period
| FGPMX | RYPMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.37% | 12.94% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 38.36% | 40.11% | -1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.92% | 48.84% | -2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.65% | 37.71% | -3.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.83% | 37.24% | -4.41% |
FGPMX vs. RYPMX - Expense Ratio Comparison
FGPMX has a 0.54% expense ratio, which is lower than RYPMX's 1.26% expense ratio.
Dividends
FGPMX vs. RYPMX - Dividend Comparison
FGPMX's dividend yield for the trailing twelve months is around 11.02%, more than RYPMX's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGPMX Franklin Gold and Precious Metals Fund Class R6 | 11.02% | 9.67% | 12.41% | 3.18% | 0.00% | 8.79% | 10.04% | 0.00% | 0.00% | 0.82% | 0.00% | 0.00% |
RYPMX Rydex Precious Metals Fund | 3.41% | 3.01% | 0.00% | 3.51% | 7.15% | 6.39% | 1.06% | 2.08% | 1.35% | 5.53% | 4.04% | 0.58% |
Frequently Asked Questions
With a correlation of 0.94, FGPMX and RYPMX 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.
FGPMX has higher volatility (13.37%) compared to RYPMX (12.94%). In terms of maximum drawdown, FGPMX dropped -48.71% vs RYPMX's -81.25%.
FGPMX currently has the higher Sharpe Ratio (1.41 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.
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