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FKRCX vs. GC=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FKRCX and GC=F is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

FKRCX vs. GC=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Gold and Precious Metals Fund (FKRCX) and Gold (GC=F). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
369.05%
859.73%
FKRCX
GC=F

Key characteristics

Sharpe Ratio

FKRCX:

0.21

GC=F:

2.06

Sortino Ratio

FKRCX:

0.47

GC=F:

2.59

Omega Ratio

FKRCX:

1.06

GC=F:

1.37

Calmar Ratio

FKRCX:

0.10

GC=F:

3.78

Martin Ratio

FKRCX:

0.71

GC=F:

10.45

Ulcer Index

FKRCX:

8.65%

GC=F:

2.89%

Daily Std Dev

FKRCX:

29.84%

GC=F:

14.53%

Max Drawdown

FKRCX:

-78.85%

GC=F:

-44.36%

Current Drawdown

FKRCX:

-49.81%

GC=F:

-5.73%

Returns By Period

In the year-to-date period, FKRCX achieves a 4.44% return, which is significantly lower than GC=F's 27.46% return. Over the past 10 years, FKRCX has underperformed GC=F with an annualized return of 6.09%, while GC=F has yielded a comparatively higher 7.37% annualized return.


FKRCX

YTD

4.44%

1M

-17.66%

6M

-7.79%

1Y

4.51%

5Y*

4.58%

10Y*

6.09%

GC=F

YTD

27.46%

1M

-0.74%

6M

13.48%

1Y

28.91%

5Y*

10.83%

10Y*

7.37%

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Risk-Adjusted Performance

FKRCX vs. GC=F - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Gold and Precious Metals Fund (FKRCX) and Gold (GC=F). 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.


Sharpe ratio
The chart of Sharpe ratio for FKRCX, currently valued at 0.52, compared to the broader market-1.000.001.002.003.004.000.522.06
The chart of Sortino ratio for FKRCX, currently valued at 0.85, compared to the broader market-2.000.002.004.006.008.0010.000.852.59
The chart of Omega ratio for FKRCX, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.003.501.111.37
The chart of Calmar ratio for FKRCX, currently valued at 0.25, compared to the broader market0.002.004.006.008.0010.0012.0014.000.253.78
The chart of Martin ratio for FKRCX, currently valued at 2.03, compared to the broader market0.0020.0040.0060.002.0310.45
FKRCX
GC=F

The current FKRCX Sharpe Ratio is 0.21, which is lower than the GC=F Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FKRCX and GC=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.52
2.06
FKRCX
GC=F

Drawdowns

FKRCX vs. GC=F - Drawdown Comparison

The maximum FKRCX drawdown since its inception was -78.85%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for FKRCX and GC=F. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-49.81%
-5.73%
FKRCX
GC=F

Volatility

FKRCX vs. GC=F - Volatility Comparison

Franklin Gold and Precious Metals Fund (FKRCX) has a higher volatility of 13.48% compared to Gold (GC=F) at 5.48%. This indicates that FKRCX's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
13.48%
5.48%
FKRCX
GC=F
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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