FKDNX vs. HGOYX
Compare and contrast key facts about Franklin DynaTech Fund (FKDNX) and The Hartford Growth Opportunities Fund (HGOYX).
FKDNX is managed by Franklin Templeton. It was launched on Jan 2, 1968. HGOYX is managed by Hartford. It was launched on Feb 19, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKDNX or HGOYX.
Key characteristics
| FKDNX | HGOYX | |
|---|---|---|
| YTD Return | 21.33% | 25.83% |
| 1Y Return | 34.10% | 38.63% |
| 3Y Return (Ann) | -0.50% | 2.16% |
| 5Y Return (Ann) | 14.40% | 15.47% |
| 10Y Return (Ann) | 15.04% | 14.26% |
| Sharpe Ratio | 1.50 | 1.80 |
| Daily Std Dev | 21.50% | 20.08% |
| Max Drawdown | -58.29% | -58.14% |
| Current Drawdown | -4.96% | -8.83% |
Correlation
The correlation between FKDNX and HGOYX is 0.94, 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
FKDNX vs. HGOYX - Performance Comparison
In the year-to-date period, FKDNX achieves a 21.33% return, which is significantly lower than HGOYX's 25.83% return. Over the past 10 years, FKDNX has outperformed HGOYX with an annualized return of 15.04%, while HGOYX has yielded a comparatively lower 14.26% annualized 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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FKDNX vs. HGOYX - Expense Ratio Comparison
FKDNX has a 0.79% expense ratio, which is lower than HGOYX's 0.84% expense ratio.
Risk-Adjusted Performance
FKDNX vs. HGOYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin DynaTech Fund (FKDNX) and The Hartford Growth Opportunities Fund (HGOYX). 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
FKDNX vs. HGOYX - Dividend Comparison
Neither FKDNX nor HGOYX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKDNX Franklin DynaTech Fund | 0.00% | 0.00% | 0.00% | 1.43% | 0.00% | 0.74% | 2.92% | 1.77% | 3.55% | 2.46% | 3.50% | 4.06% |
HGOYX The Hartford Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 20.17% | 11.94% | 5.50% | 28.31% | 8.15% | 3.55% | 8.46% | 19.25% | 3.58% |
Drawdowns
FKDNX vs. HGOYX - Drawdown Comparison
The maximum FKDNX drawdown since its inception was -58.29%, roughly equal to the maximum HGOYX drawdown of -58.14%. Use the drawdown chart below to compare losses from any high point for FKDNX and HGOYX. For additional features, visit the drawdowns tool.
Volatility
FKDNX vs. HGOYX - Volatility Comparison
Franklin DynaTech Fund (FKDNX) and The Hartford Growth Opportunities Fund (HGOYX) have volatilities of 7.09% and 6.81%, 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.