FKGRX vs. FTC

Last updated Aug 4, 2026

FKGRX (Franklin Growth Fund Class A) and FTC (First Trust Large Cap Growth AlphaDEX Fund) are both Large Cap Growth Equities funds. FKGRX is actively managed, while FTC is passively managed. Over the past 10 years, FKGRX returned 13.69%/yr vs 13.86%/yr for FTC. Their correlation of 0.88 means they have usually moved in the same direction. FKGRX charges 0.78%/yr vs 0.58%/yr for FTC.

Performance

FKGRX vs. FTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Growth Fund Class A (FKGRX) and First Trust Large Cap Growth AlphaDEX Fund (FTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FKGRX achieves a 6.30% return, which is significantly lower than FTC's 12.02% return. Both investments have delivered pretty close results over the past 10 years, with FKGRX having a 13.69% annualized return and FTC not far ahead at 13.86%.

FKGRX

• 1D: 1.42%
• 1M: 0.49%
• 6M: 4.39%
• YTD: 6.30%
• 1Y: 13.51%
• 3Y*: 15.06%
• 5Y*: 7.84%
• 10Y*: 13.69%
• ALL TIME*: 11.84%

FTC

• 1D: 1.65%
• 1M: -2.62%
• 6M: 9.62%
• YTD: 12.02%
• 1Y: 16.95%
• 3Y*: 21.34%
• 5Y*: 9.77%
• 10Y*: 13.86%
• ALL TIME*: 10.41%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FKGRX Franklin Growth Fund Class A	$0.00	$0.00	$0.00
FTC First Trust Large Cap Growth AlphaDEX Fund	$3.58M	$2.78M	$2.73M

FKGRX vs. FTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FKGRX Franklin Growth Fund Class A	6.30%	15.38%	17.96%	27.54%	-25.32%	21.61%	30.71%	32.08%	-3.37%	26.31%
FTC First Trust Large Cap Growth AlphaDEX Fund	12.02%	15.89%	26.60%	20.72%	-23.28%	24.43%	33.35%	28.07%	-6.03%	25.32%

Correlation

The correlation between FKGRX and FTC is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.90
Correlation (All Time) Calculated using the full available price history since May 11, 2007	0.88

The correlation between FKGRX and FTC has been stable across timeframes, ranging from 0.80 to 0.90 - a consistent structural relationship.

Return for Risk

FKGRX vs. FTC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FKGRX

FKGRX Risk / Return Rank: 22
FKGRX Sharpe Ratio Rank: 21
FKGRX Sortino Ratio Rank: 21
FKGRX Omega Ratio Rank: 21
FKGRX Calmar Ratio Rank: 20
FKGRX Martin Ratio Rank: 26

FTC

FTC Risk / Return Rank: 35
FTC Sharpe Ratio Rank: 32
FTC Sortino Ratio Rank: 31
FTC Omega Ratio Rank: 31
FTC Calmar Ratio Rank: 39
FTC Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FKGRX vs. FTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Growth Fund Class A (FKGRX) and First Trust Large Cap Growth AlphaDEX Fund (FTC). 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.

	FKGRX	FTC	Difference
Sharpe ratio: Return per unit of total volatility	0.85	0.79	+0.05
Sortino ratio: Return per unit of downside risk	1.25	1.21	+0.05
Omega ratio: Gain probability vs. loss probability	1.15	1.15	0.00
Calmar ratio: Return relative to maximum drawdown	1.03	1.38	-0.34
Martin ratio: Return relative to average drawdown	4.00	4.67	-0.68

FKGRX vs. FTC - Sharpe Ratio Comparison

The current FKGRX Sharpe Ratio is 0.85, which is comparable to the FTC Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FKGRX and FTC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FKGRX vs. FTC - Drawdown Comparison

The maximum FKGRX drawdown since its inception was -51.08%, smaller than the maximum FTC drawdown of -54.05%. Use the drawdown chart below to compare losses from any high point for FKGRX and FTC.

Drawdown Indicators

	FKGRX	FTC	Difference
Max Drawdown Largest peak-to-trough decline	-51.08%	-54.05%	+2.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-12.37%	+0.89%
Max Drawdown (3Y) Largest decline over 3 years	-21.72%	-21.41%	-0.31%
Max Drawdown (5Y) Largest decline over 5 years	-32.22%	-31.18%	-1.04%
Max Drawdown (10Y) Largest decline over 10 years	-32.52%	-34.66%	+2.14%
Current Drawdown Current decline from peak	-1.03%	-7.78%	+6.75%
Average Drawdown Average peak-to-trough decline	-6.72%	-9.28%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	3.64%	-0.68%

Volatility

FKGRX vs. FTC - Volatility Comparison

The current volatility for Franklin Growth Fund Class A (FKGRX) is 3.70%, while First Trust Large Cap Growth AlphaDEX Fund (FTC) has a volatility of 7.12%. This indicates that FKGRX experiences smaller price fluctuations and is considered to be less risky than FTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FKGRX	FTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	7.12%	-3.42%
Volatility (6M) Calculated over the trailing 6-month period	10.89%	17.86%	-6.97%
Volatility (1Y) Calculated over the trailing 1-year period	13.96%	21.46%	-7.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.70%	20.50%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	20.76%	-1.22%

FKGRX vs. FTC - Expense Ratio Comparison

FKGRX has a 0.78% expense ratio, which is higher than FTC's 0.58% expense ratio.

Dividends

FKGRX vs. FTC - Dividend Comparison

FKGRX's dividend yield for the trailing twelve months is around 13.52%, more than FTC's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FKGRX Franklin Growth Fund Class A	13.52%	14.37%	8.34%	6.26%	10.49%	9.19%	7.97%	5.75%	1.65%	2.38%	3.26%	3.88%
FTC First Trust Large Cap Growth AlphaDEX Fund	0.15%	0.20%	0.32%	0.65%	0.90%	0.00%	0.40%	0.64%	0.35%	0.40%	0.86%	0.52%

Frequently Asked Questions

Can I hold both FKGRX and FTC in my portfolio?

FKGRX and FTC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FKGRX or FTC?

FTC has higher volatility (7.12%) compared to FKGRX (3.70%). In terms of maximum drawdown, FKGRX dropped -51.08% vs FTC's -54.05%.

Which has better risk-adjusted returns?

FKGRX currently has the higher Sharpe Ratio (0.85 vs 0.79), 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.