FGTIX vs. SPY
Compare and contrast key facts about Franklin Growth Allocation Fund (FGTIX) and SPDR S&P 500 ETF (SPY).
FGTIX is managed by Franklin Templeton. It was launched on Dec 30, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTIX or SPY.
Correlation
The correlation between FGTIX and SPY is 0.88, 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
FGTIX vs. SPY - Performance Comparison
Key characteristics
FGTIX:
1.64
SPY:
1.97
FGTIX:
2.28
SPY:
2.64
FGTIX:
1.30
SPY:
1.36
FGTIX:
1.17
SPY:
2.97
FGTIX:
8.88
SPY:
12.34
FGTIX:
1.90%
SPY:
2.03%
FGTIX:
10.30%
SPY:
12.68%
FGTIX:
-46.97%
SPY:
-55.19%
FGTIX:
-0.37%
SPY:
-0.01%
Returns By Period
The year-to-date returns for both stocks are quite close, with FGTIX having a 4.21% return and SPY slightly lower at 4.03%. Over the past 10 years, FGTIX has underperformed SPY with an annualized return of 2.50%, while SPY has yielded a comparatively higher 13.22% annualized return.
FGTIX
4.21%
3.04%
6.19%
15.10%
4.00%
2.50%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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FGTIX vs. SPY - Expense Ratio Comparison
FGTIX has a 0.66% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FGTIX vs. SPY — Risk-Adjusted Performance Rank
FGTIX
SPY
FGTIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Growth Allocation Fund (FGTIX) and SPDR S&P 500 ETF (SPY). 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
FGTIX vs. SPY - Dividend Comparison
FGTIX's dividend yield for the trailing twelve months is around 1.86%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTIX Franklin Growth Allocation Fund | 1.86% | 1.94% | 1.25% | 1.15% | 2.40% | 1.11% | 1.40% | 1.82% | 1.68% | 0.80% | 1.25% | 1.56% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FGTIX vs. SPY - Drawdown Comparison
The maximum FGTIX drawdown since its inception was -46.97%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FGTIX and SPY. For additional features, visit the drawdowns tool.
Volatility
FGTIX vs. SPY - Volatility Comparison
The current volatility for Franklin Growth Allocation Fund (FGTIX) is 2.50%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that FGTIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.