FKGRX vs. SPY
Compare and contrast key facts about Franklin Growth Fund (FKGRX) and SPDR S&P 500 ETF (SPY).
FKGRX is managed by Franklin Templeton. It was launched on Apr 1, 1948. 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: FKGRX or SPY.
Correlation
The correlation between FKGRX and SPY is 0.92, 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
FKGRX vs. SPY - Performance Comparison
Key characteristics
FKGRX:
0.64
SPY:
2.01
FKGRX:
0.91
SPY:
2.70
FKGRX:
1.13
SPY:
1.37
FKGRX:
0.35
SPY:
3.01
FKGRX:
3.44
SPY:
13.11
FKGRX:
2.92%
SPY:
1.93%
FKGRX:
15.71%
SPY:
12.56%
FKGRX:
-51.50%
SPY:
-55.19%
FKGRX:
-20.17%
SPY:
-3.49%
Returns By Period
In the year-to-date period, FKGRX achieves a -0.13% return, which is significantly higher than SPY's -0.25% return. Over the past 10 years, FKGRX has underperformed SPY with an annualized return of 6.45%, while SPY has yielded a comparatively higher 13.21% annualized return.
FKGRX
-0.13%
-11.31%
-5.85%
11.38%
3.43%
6.45%
SPY
-0.25%
-2.87%
6.70%
26.31%
14.40%
13.21%
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FKGRX vs. SPY - Expense Ratio Comparison
FKGRX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FKGRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Growth Fund (FKGRX) 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
FKGRX vs. SPY - Dividend Comparison
FKGRX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKGRX Franklin Growth Fund | 0.00% | 0.00% | 0.18% | 0.00% | 0.00% | 0.14% | 0.41% | 0.49% | 0.38% | 0.51% | 0.65% | 0.25% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FKGRX vs. SPY - Drawdown Comparison
The maximum FKGRX drawdown since its inception was -51.50%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FKGRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FKGRX vs. SPY - Volatility Comparison
Franklin Growth Fund (FKGRX) has a higher volatility of 7.68% compared to SPDR S&P 500 ETF (SPY) at 4.15%. This indicates that FKGRX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.