FNGZX vs. SAHMX
FNGZX (Franklin International Growth Fund) and SAHMX (SA International Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, FNGZX returned 6.82%/yr vs 11.29%/yr for SAHMX. A 0.72 correlation means they provide meaningful diversification when combined. FNGZX charges 0.86%/yr vs 1.11%/yr for SAHMX.
Performance
FNGZX vs. SAHMX - Performance Comparison
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Returns By Period
In the year-to-date period, FNGZX achieves a -1.66% return, which is significantly lower than SAHMX's 9.03% return. Over the past 10 years, FNGZX has underperformed SAHMX with an annualized return of 6.82%, while SAHMX has yielded a comparatively higher 11.29% annualized return.
FNGZX
- 1D
- 0.47%
- 1M
- 0.41%
- YTD
- -1.66%
- 6M
- -2.33%
- 1Y
- -3.58%
- 3Y*
- 4.08%
- 5Y*
- -4.09%
- 10Y*
- 6.82%
SAHMX
- 1D
- -0.83%
- 1M
- -2.65%
- YTD
- 9.03%
- 6M
- 9.03%
- 1Y
- 30.49%
- 3Y*
- 21.73%
- 5Y*
- 13.09%
- 10Y*
- 11.29%
FNGZX vs. SAHMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNGZX Franklin International Growth Fund | -1.66% | 10.54% | 0.66% | 15.24% | -31.87% | 0.45% | 32.90% | 37.18% | -14.30% | 36.28% |
SAHMX SA International Value Fund | 9.03% | 44.08% | 5.44% | 16.49% | -3.70% | 17.59% | -2.48% | 14.61% | -17.95% | 25.06% |
Correlation
The correlation between FNGZX and SAHMX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2008 | 0.72 |
Over the past year, the correlation between FNGZX and SAHMX has dropped to 0.50 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
FNGZX vs. SAHMX — Risk / Return Rank
FNGZX
SAHMX
FNGZX vs. SAHMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin International Growth Fund (FNGZX) and SA International Value Fund (SAHMX). 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 | SAHMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -3.95 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.49 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 3.81 | -4.03 |
| Martin ratioReturn relative to average drawdown | -0.62 | 12.68 | -13.29 |
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Drawdowns
FNGZX vs. SAHMX - Drawdown Comparison
The maximum FNGZX drawdown since its inception was -53.35%, smaller than the maximum SAHMX drawdown of -66.58%. Use the drawdown chart below to compare losses from any high point for FNGZX and SAHMX.
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Drawdown Indicators
| FNGZX | SAHMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -66.58% | +13.23% |
Max Drawdown (1Y)Largest decline over 1 year | -17.29% | -8.72% | -8.57% |
Max Drawdown (3Y)Largest decline over 3 years | -23.20% | -14.85% | -8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -47.63% | -25.10% | -22.53% |
Max Drawdown (10Y)Largest decline over 10 years | -47.63% | -48.63% | +1.00% |
Current DrawdownCurrent decline from peak | -22.40% | -3.30% | -19.10% |
Average DrawdownAverage peak-to-trough decline | -14.18% | -16.14% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 2.51% | +3.72% |
Volatility
FNGZX vs. SAHMX - Volatility Comparison
Franklin International Growth Fund (FNGZX) has a higher volatility of 6.41% compared to SA International Value Fund (SAHMX) at 3.03%. This indicates that FNGZX's price experiences larger fluctuations and is considered to be riskier than SAHMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGZX | SAHMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 3.03% | +3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.44% | 9.52% | +4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.89% | 12.37% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.45% | 15.48% | +5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.20% | 16.16% | +4.04% |
FNGZX vs. SAHMX - Expense Ratio Comparison
FNGZX has a 0.86% expense ratio, which is lower than SAHMX's 1.11% expense ratio.
Dividends
FNGZX vs. SAHMX - Dividend Comparison
FNGZX's dividend yield for the trailing twelve months is around 3.43%, less than SAHMX's 4.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGZX Franklin International Growth Fund | 3.43% | 3.37% | 2.07% | 0.00% | 1.74% | 1.11% | 2.23% | 0.30% | 2.04% | 1.31% | 0.90% | 0.36% |
SAHMX SA International Value Fund | 4.91% | 5.35% | 3.57% | 3.46% | 4.06% | 3.05% | 2.09% | 3.66% | 1.93% | 2.46% | 2.89% | 1.91% |
Frequently Asked Questions
FNGZX and SAHMX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNGZX has higher volatility (6.41%) compared to SAHMX (3.03%). In terms of maximum drawdown, FNGZX dropped -53.35% vs SAHMX's -66.58%.
SAHMX currently has the higher Sharpe Ratio (2.70 vs -0.22), 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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