FKDNX vs. TRLGX

Last updated Jun 5, 2026

FKDNX (Franklin DynaTech Fund) and TRLGX (T. Rowe Price Large-Cap Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, FKDNX returned 18.24%/yr vs 18.24%/yr for TRLGX. Their correlation of 0.94 suggests significant overlap in exposure. FKDNX charges 0.79%/yr vs 0.55%/yr for TRLGX.

Performance

FKDNX vs. TRLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin DynaTech Fund (FKDNX) and T. Rowe Price Large-Cap Growth Fund (TRLGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FKDNX achieves a 12.20% return, which is significantly higher than TRLGX's 3.32% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: FKDNX at 18.24% and TRLGX at 18.24%.

FKDNX

• 1D: -1.14%
• 1M: 5.66%
• YTD: 12.20%
• 6M: 10.54%
• 1Y: 28.27%
• 3Y*: 25.36%
• 5Y*: 10.69%
• 10Y*: 18.24%

TRLGX

• 1D: -1.71%
• 1M: 3.23%
• YTD: 3.32%
• 6M: 2.73%
• 1Y: 17.88%
• 3Y*: 24.67%
• 5Y*: 12.21%
• 10Y*: 18.24%

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

FKDNX vs. TRLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FKDNX Franklin DynaTech Fund	12.20%	18.59%	30.57%	44.42%	-40.30%	12.53%	57.68%	36.36%	2.85%	39.29%
TRLGX T. Rowe Price Large-Cap Growth Fund	3.32%	17.51%	37.57%	46.22%	-35.26%	23.24%	39.57%	28.51%	4.35%	37.77%

Correlation

The correlation between FKDNX and TRLGX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Nov 1, 2001	0.94

The correlation between FKDNX and TRLGX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

FKDNX vs. TRLGX — Risk / Return Rank

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

FKDNX

FKDNX Risk / Return Rank: 20
FKDNX Sharpe Ratio Rank: 25
FKDNX Sortino Ratio Rank: 21
FKDNX Omega Ratio Rank: 23
FKDNX Calmar Ratio Rank: 17
FKDNX Martin Ratio Rank: 16

TRLGX

TRLGX Risk / Return Rank: 15
TRLGX Sharpe Ratio Rank: 18
TRLGX Sortino Ratio Rank: 17
TRLGX Omega Ratio Rank: 16
TRLGX Calmar Ratio Rank: 11
TRLGX Martin Ratio Rank: 11

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.

FKDNX vs. TRLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin DynaTech Fund (FKDNX) and T. Rowe Price Large-Cap Growth Fund (TRLGX). 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.

	FKDNX	TRLGX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.21	+0.23
Sortino ratio: Return per unit of downside risk	1.95	1.71	+0.24
Omega ratio: Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio: Return relative to maximum drawdown	1.43	1.04	+0.39
Martin ratio: Return relative to average drawdown	4.46	3.29	+1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FKDNX vs. TRLGX - Sharpe Ratio Comparison

The current FKDNX Sharpe Ratio is 1.44, which is comparable to the TRLGX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of FKDNX and TRLGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FKDNX	TRLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.21	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.55	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.84	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.58	+0.09

Drawdowns

FKDNX vs. TRLGX - Drawdown Comparison

The maximum FKDNX drawdown since its inception was -51.63%, smaller than the maximum TRLGX drawdown of -55.56%. Use the drawdown chart below to compare losses from any high point for FKDNX and TRLGX.

Drawdown Indicators

	FKDNX	TRLGX	Difference
Max Drawdown Largest peak-to-trough decline	-51.63%	-55.56%	+3.93%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	-18.18%	-2.31%
Max Drawdown (3Y) Largest decline over 3 years	-26.23%	-21.17%	-5.06%
Max Drawdown (5Y) Largest decline over 5 years	-48.28%	-40.44%	-7.84%
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	-40.44%	-7.84%
Current Drawdown Current decline from peak	-1.14%	-2.60%	+1.46%
Average Drawdown Average peak-to-trough decline	-11.25%	-8.68%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.57%	5.73%	+0.84%

Volatility

FKDNX vs. TRLGX - Volatility Comparison

Franklin DynaTech Fund (FKDNX) has a higher volatility of 4.99% compared to T. Rowe Price Large-Cap Growth Fund (TRLGX) at 3.80%. This indicates that FKDNX's price experiences larger fluctuations and is considered to be riskier than TRLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FKDNX	TRLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	3.80%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	15.86%	12.46%	+3.40%
Volatility (1Y) Calculated over the trailing 1-year period	20.41%	15.68%	+4.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.20%	22.39%	+3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	21.76%	+2.85%

FKDNX vs. TRLGX - Expense Ratio Comparison

FKDNX has a 0.79% expense ratio, which is higher than TRLGX's 0.55% expense ratio.

Dividends

FKDNX vs. TRLGX - Dividend Comparison

FKDNX's dividend yield for the trailing twelve months is around 9.95%, less than TRLGX's 13.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FKDNX Franklin DynaTech Fund	9.95%	11.17%	0.00%	0.00%	0.00%	1.43%	0.00%	0.74%	2.92%	1.77%	3.55%	2.46%
TRLGX T. Rowe Price Large-Cap Growth Fund	13.25%	13.69%	9.80%	2.04%	3.88%	2.56%	0.42%	4.09%	7.93%	9.27%	1.64%	4.71%

Frequently Asked Questions

Can I hold both FKDNX and TRLGX in my portfolio?

FKDNX and TRLGX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FKDNX or TRLGX?

FKDNX has higher volatility (4.99%) compared to TRLGX (3.80%). In terms of maximum drawdown, FKDNX dropped -51.63% vs TRLGX's -55.56%.

Which has better risk-adjusted returns?

FKDNX currently has the higher Sharpe Ratio (1.44 vs 1.21), 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.