FNGZX vs. EFG
FNGZX (Franklin International Growth Fund) and EFG (iShares MSCI EAFE Growth ETF) are both Foreign Large Cap Equities funds. Over the past 10 years, FNGZX returned 6.54%/yr vs 7.86%/yr for EFG. Their correlation of 0.84 suggests significant overlap in exposure. FNGZX charges 0.86%/yr vs 0.34%/yr for EFG.
Performance
FNGZX vs. EFG - Performance Comparison
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Returns By Period
In the year-to-date period, FNGZX achieves a -0.17% return, which is significantly lower than EFG's 6.61% return. Over the past 10 years, FNGZX has underperformed EFG with an annualized return of 6.54%, while EFG has yielded a comparatively higher 7.86% annualized return.
FNGZX
- 1D
- 0.00%
- 1M
- 0.58%
- 6M
- -4.49%
- YTD
- -0.17%
- 1Y
- -3.22%
- 3Y*
- 4.54%
- 5Y*
- -3.85%
- 10Y*
- 6.54%
EFG
- 1D
- -1.77%
- 1M
- -1.70%
- 6M
- 1.30%
- YTD
- 6.61%
- 1Y
- 11.58%
- 3Y*
- 9.48%
- 5Y*
- 3.77%
- 10Y*
- 7.86%
FNGZX vs. EFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNGZX Franklin International Growth Fund | -0.17% | 10.54% | 0.66% | 15.24% | -31.87% | 0.45% | 32.90% | 37.18% | -14.30% | 36.28% |
EFG iShares MSCI EAFE Growth ETF | 6.61% | 20.70% | 1.53% | 17.55% | -23.12% | 11.01% | 17.85% | 27.47% | -12.93% | 28.86% |
Correlation
The correlation between FNGZX and EFG is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2008 | 0.84 |
The correlation between FNGZX and EFG has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.
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Return for Risk
FNGZX vs. EFG — Risk / Return Rank
FNGZX
EFG
FNGZX vs. EFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Growth Fund (FNGZX) and iShares MSCI EAFE Growth ETF (EFG). 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.
| FNGZX | EFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.12 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.91 | -1.17 |
| Martin ratioReturn relative to average drawdown | -0.71 | 3.32 | -4.02 |
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Drawdowns
FNGZX vs. EFG - Drawdown Comparison
The maximum FNGZX drawdown since its inception was -53.35%, smaller than the maximum EFG drawdown of -58.40%. Use the drawdown chart below to compare losses from any high point for FNGZX and EFG.
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Drawdown Indicators
| FNGZX | EFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -58.40% | +5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -17.29% | -12.78% | -4.51% |
Max Drawdown (3Y)Largest decline over 3 years | -23.20% | -16.87% | -6.33% |
Max Drawdown (5Y)Largest decline over 5 years | -47.63% | -35.78% | -11.85% |
Max Drawdown (10Y)Largest decline over 10 years | -47.63% | -35.78% | -11.85% |
Current DrawdownCurrent decline from peak | -21.23% | -3.93% | -17.30% |
Average DrawdownAverage peak-to-trough decline | -14.20% | -12.10% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.33% | 3.50% | +2.83% |
Volatility
FNGZX vs. EFG - Volatility Comparison
The current volatility for Franklin International Growth Fund (FNGZX) is 5.91%, while iShares MSCI EAFE Growth ETF (EFG) has a volatility of 6.82%. This indicates that FNGZX experiences smaller price fluctuations and is considered to be less risky than EFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGZX | EFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 6.82% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 16.03% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.91% | 18.44% | -0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 18.39% | +3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.08% | 17.58% | +2.50% |
FNGZX vs. EFG - Expense Ratio Comparison
FNGZX has a 0.86% expense ratio, which is higher than EFG's 0.34% expense ratio.
Dividends
FNGZX vs. EFG - Dividend Comparison
FNGZX's dividend yield for the trailing twelve months is around 3.38%, more than EFG's 2.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFG iShares MSCI EAFE Growth ETF | 2.31% | 2.53% | 1.64% | 1.63% | 1.27% | 1.54% | 0.85% | 1.69% | 1.98% | 1.56% | 2.20% | 1.75% |
FNGZX Franklin International Growth Fund | 3.38% | 3.37% | 2.07% | 0.00% | 1.74% | 1.11% | 2.23% | 0.30% | 2.04% | 1.31% | 0.90% | 0.36% |
Frequently Asked Questions
With a correlation of 0.90, FNGZX and EFG 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.
EFG has higher volatility (6.82%) compared to FNGZX (5.91%). In terms of maximum drawdown, FNGZX dropped -53.35% vs EFG's -58.40%.
EFG currently has the higher Sharpe Ratio (0.63 vs -0.25), 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.
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