FLRDX vs. SPY
Compare and contrast key facts about Franklin LifeSmart Retirement Income Fund (FLRDX) and SPDR S&P 500 ETF (SPY).
FLRDX is managed by Franklin Templeton. It was launched on Jul 31, 2006. 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: FLRDX or SPY.
Correlation
The correlation between FLRDX and SPY is 0.83, 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
FLRDX vs. SPY - Performance Comparison
Key characteristics
FLRDX:
2.17
SPY:
1.97
FLRDX:
3.07
SPY:
2.64
FLRDX:
1.42
SPY:
1.36
FLRDX:
2.66
SPY:
2.97
FLRDX:
12.18
SPY:
12.34
FLRDX:
0.96%
SPY:
2.03%
FLRDX:
5.41%
SPY:
12.68%
FLRDX:
-19.88%
SPY:
-55.19%
FLRDX:
0.00%
SPY:
-0.01%
Returns By Period
In the year-to-date period, FLRDX achieves a 2.57% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, FLRDX has underperformed SPY with an annualized return of 3.31%, while SPY has yielded a comparatively higher 13.22% annualized return.
FLRDX
2.57%
2.08%
4.16%
10.65%
3.79%
3.31%
SPY
4.03%
2.85%
10.70%
23.01%
14.30%
13.22%
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FLRDX vs. SPY - Expense Ratio Comparison
FLRDX has a 0.05% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FLRDX vs. SPY — Risk-Adjusted Performance Rank
FLRDX
SPY
FLRDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LifeSmart Retirement Income Fund (FLRDX) 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
FLRDX vs. SPY - Dividend Comparison
FLRDX's dividend yield for the trailing twelve months is around 5.25%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRDX Franklin LifeSmart Retirement Income Fund | 5.25% | 5.36% | 5.46% | 5.16% | 3.95% | 4.01% | 3.95% | 4.50% | 4.22% | 3.15% | 2.77% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLRDX vs. SPY - Drawdown Comparison
The maximum FLRDX drawdown since its inception was -19.88%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLRDX and SPY. For additional features, visit the drawdowns tool.
Volatility
FLRDX vs. SPY - Volatility Comparison
The current volatility for Franklin LifeSmart Retirement Income Fund (FLRDX) is 1.32%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that FLRDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.