FRMCX vs. HRTVX
Compare and contrast key facts about Franklin MicroCap Value Fund (FRMCX) and Heartland Value Fund (HRTVX).
FRMCX is managed by Franklin Templeton. It was launched on Dec 12, 1995. HRTVX is managed by Heartland. It was launched on Dec 28, 1984.
Performance
FRMCX vs. HRTVX - Performance Comparison
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FRMCX vs. HRTVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRMCX Franklin MicroCap Value Fund | 1.50% | 7.25% | 8.47% | 11.72% | 0.62% | 29.86% | 3.70% | 44.38% | -17.82% | 8.39% |
HRTVX Heartland Value Fund | 7.35% | 15.94% | 15.76% | 17.15% | -10.04% | 21.86% | 13.12% | 17.93% | -12.10% | 8.45% |
Returns By Period
In the year-to-date period, FRMCX achieves a 1.50% return, which is significantly lower than HRTVX's 7.35% return. Both investments have delivered pretty close results over the past 10 years, with FRMCX having a 11.06% annualized return and HRTVX not far behind at 11.03%.
FRMCX
- 1D
- 3.04%
- 1M
- -8.93%
- YTD
- 1.50%
- 6M
- 3.91%
- 1Y
- 14.99%
- 3Y*
- 10.05%
- 5Y*
- 6.60%
- 10Y*
- 11.06%
HRTVX
- 1D
- 2.41%
- 1M
- -5.76%
- YTD
- 7.35%
- 6M
- 9.98%
- 1Y
- 31.24%
- 3Y*
- 17.99%
- 5Y*
- 10.07%
- 10Y*
- 11.03%
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FRMCX vs. HRTVX - Expense Ratio Comparison
FRMCX has a 1.23% expense ratio, which is higher than HRTVX's 1.04% expense ratio.
Return for Risk
FRMCX vs. HRTVX — Risk / Return Rank
FRMCX
HRTVX
FRMCX vs. HRTVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin MicroCap Value Fund (FRMCX) and Heartland Value Fund (HRTVX). 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.
| FRMCX | HRTVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 1.55 | -0.89 |
Sortino ratioReturn per unit of downside risk | 1.09 | 2.21 | -1.12 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.30 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 2.37 | -1.32 |
Martin ratioReturn relative to average drawdown | 3.56 | 9.02 | -5.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FRMCX | HRTVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 1.55 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.52 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.58 | +0.01 |
Correlation
The correlation between FRMCX and HRTVX is 0.82, 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
FRMCX vs. HRTVX - Dividend Comparison
FRMCX's dividend yield for the trailing twelve months is around 15.02%, more than HRTVX's 8.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRMCX Franklin MicroCap Value Fund | 15.02% | 15.24% | 25.34% | 5.16% | 6.09% | 17.71% | 5.63% | 36.24% | 6.75% | 7.74% | 8.86% | 13.59% |
HRTVX Heartland Value Fund | 8.65% | 9.29% | 8.91% | 5.65% | 3.01% | 13.50% | 0.76% | 3.12% | 7.26% | 6.43% | 3.56% | 8.25% |
Drawdowns
FRMCX vs. HRTVX - Drawdown Comparison
The maximum FRMCX drawdown since its inception was -56.77%, smaller than the maximum HRTVX drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for FRMCX and HRTVX.
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Drawdown Indicators
| FRMCX | HRTVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.77% | -61.68% | +4.91% |
Max Drawdown (1Y)Largest decline over 1 year | -15.02% | -13.48% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -23.17% | -9.67% |
Max Drawdown (10Y)Largest decline over 10 years | -43.50% | -46.31% | +2.81% |
Current DrawdownCurrent decline from peak | -10.90% | -5.91% | -4.99% |
Average DrawdownAverage peak-to-trough decline | -8.75% | -9.07% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.42% | 3.54% | +0.88% |
Volatility
FRMCX vs. HRTVX - Volatility Comparison
Franklin MicroCap Value Fund (FRMCX) has a higher volatility of 6.97% compared to Heartland Value Fund (HRTVX) at 6.14%. This indicates that FRMCX's price experiences larger fluctuations and is considered to be riskier than HRTVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRMCX | HRTVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.97% | 6.14% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 13.62% | 12.63% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.70% | 20.61% | +3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.12% | 19.53% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.91% | 21.02% | +3.89% |