FGTIX vs. ^GSPC
Compare and contrast key facts about Franklin Growth Allocation Fund (FGTIX) and S&P 500 (^GSPC).
FGTIX is managed by Franklin Templeton. It was launched on Dec 30, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTIX or ^GSPC.
Correlation
The correlation between FGTIX and ^GSPC is 0.89, 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. ^GSPC - Performance Comparison
Key characteristics
FGTIX:
0.77
^GSPC:
0.65
FGTIX:
1.16
^GSPC:
1.02
FGTIX:
1.17
^GSPC:
1.15
FGTIX:
0.80
^GSPC:
0.67
FGTIX:
3.43
^GSPC:
2.62
FGTIX:
3.28%
^GSPC:
4.81%
FGTIX:
14.69%
^GSPC:
19.40%
FGTIX:
-46.97%
^GSPC:
-56.78%
FGTIX:
-3.80%
^GSPC:
-8.04%
Returns By Period
In the year-to-date period, FGTIX achieves a 0.64% return, which is significantly higher than ^GSPC's -3.93% return. Over the past 10 years, FGTIX has underperformed ^GSPC with an annualized return of 1.91%, while ^GSPC has yielded a comparatively higher 10.35% annualized return.
FGTIX
0.64%
9.63%
0.85%
8.91%
6.07%
1.91%
^GSPC
-3.93%
11.36%
-1.09%
10.19%
14.74%
10.35%
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Risk-Adjusted Performance
FGTIX vs. ^GSPC — Risk-Adjusted Performance Rank
FGTIX
^GSPC
FGTIX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Growth Allocation Fund (FGTIX) and S&P 500 (^GSPC). 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.
Drawdowns
FGTIX vs. ^GSPC - Drawdown Comparison
The maximum FGTIX drawdown since its inception was -46.97%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FGTIX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FGTIX vs. ^GSPC - Volatility Comparison
The current volatility for Franklin Growth Allocation Fund (FGTIX) is 9.88%, while S&P 500 (^GSPC) has a volatility of 13.20%. This indicates that FGTIX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.