FRDPX vs. LCEAX
Compare and contrast key facts about Franklin Rising Dividends Fund (FRDPX) and Invesco Diversified Dividend Fund (LCEAX).
FRDPX is managed by Franklin Templeton. It was launched on Jan 14, 1987. LCEAX is managed by Invesco. It was launched on Dec 31, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRDPX or LCEAX.
Key characteristics
| FRDPX | LCEAX | |
|---|---|---|
| YTD Return | 12.12% | 11.63% |
| 1Y Return | 17.19% | 17.72% |
| 3Y Return (Ann) | 6.51% | 8.22% |
| 5Y Return (Ann) | 11.65% | 8.56% |
| 10Y Return (Ann) | 10.80% | 7.50% |
| Sharpe Ratio | 1.77 | 1.77 |
| Daily Std Dev | 10.14% | 10.67% |
| Max Drawdown | -51.57% | -50.30% |
| Current Drawdown | 0.00% | -1.51% |
Correlation
The correlation between FRDPX and LCEAX is 0.90, 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
FRDPX vs. LCEAX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FRDPX having a 12.12% return and LCEAX slightly lower at 11.63%. Over the past 10 years, FRDPX has outperformed LCEAX with an annualized return of 10.80%, while LCEAX has yielded a comparatively lower 7.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FRDPX vs. LCEAX - Expense Ratio Comparison
FRDPX has a 0.85% expense ratio, which is higher than LCEAX's 0.81% expense ratio.
Risk-Adjusted Performance
FRDPX vs. LCEAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Rising Dividends Fund (FRDPX) and Invesco Diversified Dividend Fund (LCEAX). 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
FRDPX vs. LCEAX - Dividend Comparison
FRDPX's dividend yield for the trailing twelve months is around 4.09%, less than LCEAX's 7.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRDPX Franklin Rising Dividends Fund | 4.09% | 4.60% | 4.96% | 4.42% | 0.82% | 3.01% | 5.20% | 3.39% | 3.73% | 5.30% | 1.15% | 0.88% |
LCEAX Invesco Diversified Dividend Fund | 7.01% | 7.87% | 12.23% | 18.25% | 3.76% | 5.02% | 7.74% | 2.52% | 4.08% | 1.72% | 3.49% | 2.39% |
Drawdowns
FRDPX vs. LCEAX - Drawdown Comparison
The maximum FRDPX drawdown since its inception was -51.57%, roughly equal to the maximum LCEAX drawdown of -50.30%. Use the drawdown chart below to compare losses from any high point for FRDPX and LCEAX. For additional features, visit the drawdowns tool.
Volatility
FRDPX vs. LCEAX - Volatility Comparison
Franklin Rising Dividends Fund (FRDPX) and Invesco Diversified Dividend Fund (LCEAX) have volatilities of 3.14% and 3.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.