FKRCX vs. GDX
Compare and contrast key facts about Franklin Gold and Precious Metals Fund (FKRCX) and VanEck Vectors Gold Miners ETF (GDX).
FKRCX is managed by Franklin Templeton. It was launched on May 18, 1969. GDX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners Index. It was launched on May 22, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKRCX or GDX.
Key characteristics
| FKRCX | GDX | |
|---|---|---|
| YTD Return | 35.80% | 27.60% |
| 1Y Return | 55.86% | 45.25% |
| 3Y Return (Ann) | 1.47% | 8.17% |
| 5Y Return (Ann) | 11.41% | 9.97% |
| 10Y Return (Ann) | 8.29% | 9.58% |
| Sharpe Ratio | 1.93 | 1.28 |
| Sortino Ratio | 2.60 | 1.85 |
| Omega Ratio | 1.31 | 1.22 |
| Calmar Ratio | 0.88 | 0.72 |
| Martin Ratio | 7.89 | 5.55 |
| Ulcer Index | 6.68% | 7.32% |
| Daily Std Dev | 27.24% | 31.72% |
| Max Drawdown | -78.85% | -80.57% |
| Current Drawdown | -34.74% | -33.28% |
Correlation
The correlation between FKRCX and GDX 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
FKRCX vs. GDX - Performance Comparison
In the year-to-date period, FKRCX achieves a 35.80% return, which is significantly higher than GDX's 27.60% return. Over the past 10 years, FKRCX has underperformed GDX with an annualized return of 8.29%, while GDX has yielded a comparatively higher 9.58% 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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FKRCX vs. GDX - Expense Ratio Comparison
FKRCX has a 0.88% expense ratio, which is higher than GDX's 0.53% expense ratio.
Risk-Adjusted Performance
FKRCX vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Gold and Precious Metals Fund (FKRCX) and VanEck Vectors Gold Miners ETF (GDX). 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
FKRCX vs. GDX - Dividend Comparison
FKRCX's dividend yield for the trailing twelve months is around 2.30%, more than GDX's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKRCX Franklin Gold and Precious Metals Fund | 2.30% | 3.12% | 0.00% | 9.37% | 10.55% | 0.00% | 0.00% | 0.36% | 8.73% | 0.00% | 1.10% | 0.00% |
GDX VanEck Vectors Gold Miners ETF | 1.26% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
FKRCX vs. GDX - Drawdown Comparison
The maximum FKRCX drawdown since its inception was -78.85%, roughly equal to the maximum GDX drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for FKRCX and GDX. For additional features, visit the drawdowns tool.
Volatility
FKRCX vs. GDX - Volatility Comparison
The current volatility for Franklin Gold and Precious Metals Fund (FKRCX) is 7.00%, while VanEck Vectors Gold Miners ETF (GDX) has a volatility of 8.99%. This indicates that FKRCX experiences smaller price fluctuations and is considered to be less risky than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.