FLSOX vs. LPDIX
FLSOX (Franklin LifeSmart 2050 Retirement Target Fund) and LPDIX (BlackRock LifePath Dynamic 2060 Fund) are both Target Retirement Date funds. Over the past 5 years, FLSOX returned 9.86%/yr vs 9.12%/yr for LPDIX. Their correlation of 0.93 means they have usually moved in the same direction. FLSOX charges 0.25%/yr vs 0.49%/yr for LPDIX.
Performance
FLSOX vs. LPDIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLSOX achieves a 9.97% return, which is significantly lower than LPDIX's 11.97% return.
FLSOX
- 1D
- 2.19%
- 1M
- -0.32%
- 6M
- 6.69%
- YTD
- 9.97%
- 1Y
- 22.05%
- 3Y*
- 17.18%
- 5Y*
- 9.86%
- 10Y*
- 11.15%
- ALL TIME*
- 9.66%
LPDIX
- 1D
- 2.66%
- 1M
- 0.21%
- 6M
- 8.26%
- YTD
- 11.97%
- 1Y
- 24.33%
- 3Y*
- 15.76%
- 5Y*
- 9.12%
- 10Y*
- —
- ALL TIME*
- 10.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FLSOX vs. LPDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLSOX Franklin LifeSmart 2050 Retirement Target Fund | 9.97% | 21.51% | 15.86% | 19.58% | -17.26% | 17.71% | 16.53% | 22.44% | -7.23% | 7.81% |
LPDIX BlackRock LifePath Dynamic 2060 Fund | 11.97% | 21.07% | 10.18% | 22.50% | -18.65% | 18.13% | 13.93% | 26.48% | -8.60% | 10.60% |
Correlation
The correlation between FLSOX and LPDIX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2017 | 0.93 |
The correlation between FLSOX and LPDIX has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLSOX vs. LPDIX — Risk / Return Rank
FLSOX
LPDIX
FLSOX vs. LPDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LifeSmart 2050 Retirement Target Fund (FLSOX) and BlackRock LifePath Dynamic 2060 Fund (LPDIX). 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.
| FLSOX | LPDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.26 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.25 | -0.10 |
| Martin ratioReturn relative to average drawdown | 9.14 | 9.24 | -0.10 |
Loading charts...
Drawdowns
FLSOX vs. LPDIX - Drawdown Comparison
The maximum FLSOX drawdown since its inception was -39.36%, which is greater than LPDIX's maximum drawdown of -32.91%. Use the drawdown chart below to compare losses from any high point for FLSOX and LPDIX.
Loading charts...
Drawdown Indicators
| FLSOX | LPDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.36% | -32.91% | -6.45% |
Max Drawdown (1Y)Largest decline over 1 year | -9.44% | -9.98% | +0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.50% | -21.10% | +5.60% |
Max Drawdown (5Y)Largest decline over 5 years | -39.36% | -27.01% | -12.35% |
Max Drawdown (10Y)Largest decline over 10 years | -39.36% | — | — |
Current DrawdownCurrent decline from peak | -1.80% | -1.70% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -8.57% | -5.43% | -3.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 2.43% | -0.21% |
Volatility
FLSOX vs. LPDIX - Volatility Comparison
The current volatility for Franklin LifeSmart 2050 Retirement Target Fund (FLSOX) is 4.09%, while BlackRock LifePath Dynamic 2060 Fund (LPDIX) has a volatility of 4.61%. This indicates that FLSOX experiences smaller price fluctuations and is considered to be less risky than LPDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLSOX | LPDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 4.61% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 11.01% | 13.09% | -2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.11% | 15.62% | -2.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.47% | 17.18% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.98% | 16.88% | +1.10% |
FLSOX vs. LPDIX - Expense Ratio Comparison
FLSOX has a 0.25% expense ratio, which is lower than LPDIX's 0.49% expense ratio.
Dividends
FLSOX vs. LPDIX - Dividend Comparison
FLSOX's dividend yield for the trailing twelve months is around 5.68%, more than LPDIX's 3.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLSOX Franklin LifeSmart 2050 Retirement Target Fund | 5.68% | 6.32% | 2.59% | 1.97% | 4.39% | 26.85% | 3.04% | 2.33% | 4.40% | 1.95% | 1.79% | 2.99% |
LPDIX BlackRock LifePath Dynamic 2060 Fund | 3.37% | 3.46% | 0.46% | 2.80% | 2.10% | 8.92% | 1.42% | 2.90% | 8.01% | 1.33% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, FLSOX and LPDIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
LPDIX has higher volatility (4.61%) compared to FLSOX (4.09%). In terms of maximum drawdown, FLSOX dropped -39.36% vs LPDIX's -32.91%.
FLSOX currently has the higher Sharpe Ratio (1.55 vs 1.44), 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.
Find the right allocation for FLSOX and LPDIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer