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FRAAX vs. FKDNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FRAAX vs. FKDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Growth Opportunities Fund (FRAAX) and Franklin DynaTech Fund (FKDNX). The values are adjusted to include any dividend payments, if applicable.

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FRAAX vs. FKDNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FRAAX
Franklin Growth Opportunities Fund
-8.23%8.35%26.35%39.92%-36.97%9.71%45.79%46.13%-1.10%29.12%
FKDNX
Franklin DynaTech Fund
-10.96%18.59%30.57%44.42%-40.30%12.53%57.68%36.36%2.85%39.29%

Returns By Period

In the year-to-date period, FRAAX achieves a -8.23% return, which is significantly higher than FKDNX's -10.96% return. Over the past 10 years, FRAAX has underperformed FKDNX with an annualized return of 12.92%, while FKDNX has yielded a comparatively higher 15.95% annualized return.


FRAAX

1D
4.11%
1M
-5.71%
YTD
-8.23%
6M
-9.42%
1Y
8.93%
3Y*
16.46%
5Y*
4.09%
10Y*
12.92%

FKDNX

1D
5.05%
1M
-5.14%
YTD
-10.96%
6M
-11.72%
1Y
19.43%
3Y*
19.19%
5Y*
5.93%
10Y*
15.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FRAAX vs. FKDNX - Expense Ratio Comparison

FRAAX has a 0.65% expense ratio, which is lower than FKDNX's 0.79% expense ratio.


Return for Risk

FRAAX vs. FKDNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRAAX
FRAAX Risk / Return Rank: 1616
Overall Rank
FRAAX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
FRAAX Sortino Ratio Rank: 1616
Sortino Ratio Rank
FRAAX Omega Ratio Rank: 1515
Omega Ratio Rank
FRAAX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FRAAX Martin Ratio Rank: 1717
Martin Ratio Rank

FKDNX
FKDNX Risk / Return Rank: 3131
Overall Rank
FKDNX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FKDNX Sortino Ratio Rank: 3939
Sortino Ratio Rank
FKDNX Omega Ratio Rank: 3434
Omega Ratio Rank
FKDNX Calmar Ratio Rank: 2727
Calmar Ratio Rank
FKDNX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRAAX vs. FKDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Growth Opportunities Fund (FRAAX) and Franklin DynaTech Fund (FKDNX). 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.


FRAAXFKDNXDifference

Sharpe ratio

Return per unit of total volatility

0.46

0.79

-0.33

Sortino ratio

Return per unit of downside risk

0.83

1.29

-0.46

Omega ratio

Gain probability vs. loss probability

1.11

1.17

-0.06

Calmar ratio

Return relative to maximum drawdown

0.60

0.81

-0.20

Martin ratio

Return relative to average drawdown

2.01

2.63

-0.61

FRAAX vs. FKDNX - Sharpe Ratio Comparison

The current FRAAX Sharpe Ratio is 0.46, which is lower than the FKDNX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FRAAX and FKDNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FRAAXFKDNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.46

0.79

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

0.23

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.65

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.64

-0.25

Correlation

The correlation between FRAAX and FKDNX is 0.95, 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.


Dividends

FRAAX vs. FKDNX - Dividend Comparison

FRAAX's dividend yield for the trailing twelve months is around 18.00%, more than FKDNX's 12.54% yield.


TTM20252024202320222021202020192018201720162015
FRAAX
Franklin Growth Opportunities Fund
18.00%16.52%9.57%11.80%4.31%0.48%5.29%16.03%12.10%8.13%1.97%1.93%
FKDNX
Franklin DynaTech Fund
12.54%11.17%0.00%0.00%0.00%1.43%0.00%0.74%2.92%1.77%3.55%2.46%

Drawdowns

FRAAX vs. FKDNX - Drawdown Comparison

The maximum FRAAX drawdown since its inception was -78.63%, which is greater than FKDNX's maximum drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for FRAAX and FKDNX.


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Drawdown Indicators


FRAAXFKDNXDifference

Max Drawdown

Largest peak-to-trough decline

-78.63%

-51.63%

-27.00%

Max Drawdown (1Y)

Largest decline over 1 year

-15.75%

-20.49%

+4.74%

Max Drawdown (5Y)

Largest decline over 5 years

-47.54%

-48.28%

+0.74%

Max Drawdown (10Y)

Largest decline over 10 years

-47.54%

-48.28%

+0.74%

Current Drawdown

Current decline from peak

-12.29%

-16.48%

+4.19%

Average Drawdown

Average peak-to-trough decline

-29.27%

-11.28%

-17.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.72%

6.29%

-1.57%

Volatility

FRAAX vs. FKDNX - Volatility Comparison

The current volatility for Franklin Growth Opportunities Fund (FRAAX) is 7.48%, while Franklin DynaTech Fund (FKDNX) has a volatility of 9.29%. This indicates that FRAAX experiences smaller price fluctuations and is considered to be less risky than FKDNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRAAXFKDNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.48%

9.29%

-1.81%

Volatility (6M)

Calculated over the trailing 6-month period

12.92%

16.81%

-3.89%

Volatility (1Y)

Calculated over the trailing 1-year period

21.90%

26.47%

-4.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.24%

26.27%

-3.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.47%

24.53%

-2.06%