FRVLX vs. SHRAX
FRVLX (Franklin Small Cap Value Fund) and SHRAX (ClearBridge Aggressive Growth Fund) are both mutual funds - FRVLX is a Small Cap Value Equities fund managed by Franklin Templeton, while SHRAX is a Large Cap Blend Equities fund managed by Franklin Templeton. Over the past 10 years, FRVLX returned 10.52%/yr vs 8.35%/yr for SHRAX. A 0.75 correlation means they provide meaningful diversification when combined. FRVLX charges 1.00%/yr vs 1.11%/yr for SHRAX.
Performance
FRVLX vs. SHRAX - Performance Comparison
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Returns By Period
In the year-to-date period, FRVLX achieves a 19.23% return, which is significantly higher than SHRAX's 0.99% return. Over the past 10 years, FRVLX has outperformed SHRAX with an annualized return of 10.52%, while SHRAX has yielded a comparatively lower 8.35% annualized return.
FRVLX
- 1D
- 0.59%
- 1M
- 2.08%
- YTD
- 19.23%
- 6M
- 17.00%
- 1Y
- 32.85%
- 3Y*
- 17.48%
- 5Y*
- 7.95%
- 10Y*
- 10.52%
SHRAX
- 1D
- 0.49%
- 1M
- 1.38%
- YTD
- 0.99%
- 6M
- -1.11%
- 1Y
- 6.71%
- 3Y*
- 13.11%
- 5Y*
- 2.67%
- 10Y*
- 8.35%
FRVLX vs. SHRAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRVLX Franklin Small Cap Value Fund | 19.23% | 7.36% | 13.16% | 12.81% | -10.25% | 22.51% | 5.45% | 26.08% | -12.92% | 9.91% |
SHRAX ClearBridge Aggressive Growth Fund | 0.99% | 13.50% | 12.02% | 24.09% | -25.43% | 7.35% | 19.74% | 24.26% | -7.93% | 14.22% |
Correlation
The correlation between FRVLX and SHRAX is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 1996 | 0.75 |
The correlation between FRVLX and SHRAX shifts across timeframes, from 0.63 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FRVLX vs. SHRAX — Risk / Return Rank
FRVLX
SHRAX
FRVLX vs. SHRAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Small Cap Value Fund (FRVLX) and ClearBridge Aggressive Growth Fund (SHRAX). 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.
| FRVLX | SHRAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.07 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 0.42 | +2.28 |
| Martin ratioReturn relative to average drawdown | 9.04 | 1.17 | +7.87 |
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Drawdowns
FRVLX vs. SHRAX - Drawdown Comparison
The maximum FRVLX drawdown since its inception was -60.27%, which is greater than SHRAX's maximum drawdown of -57.26%. Use the drawdown chart below to compare losses from any high point for FRVLX and SHRAX.
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Drawdown Indicators
| FRVLX | SHRAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.27% | -57.26% | -3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.04% | -14.59% | +2.55% |
Max Drawdown (3Y)Largest decline over 3 years | -25.09% | -23.73% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -25.09% | -33.77% | +8.68% |
Max Drawdown (10Y)Largest decline over 10 years | -44.10% | -33.77% | -10.33% |
Current DrawdownCurrent decline from peak | -0.43% | -3.93% | +3.50% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -11.26% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 5.25% | -1.66% |
Volatility
FRVLX vs. SHRAX - Volatility Comparison
The current volatility for Franklin Small Cap Value Fund (FRVLX) is 4.88%, while ClearBridge Aggressive Growth Fund (SHRAX) has a volatility of 5.65%. This indicates that FRVLX experiences smaller price fluctuations and is considered to be less risky than SHRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRVLX | SHRAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 5.65% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.07% | 13.47% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.56% | 17.54% | +1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.55% | 20.96% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.82% | 20.88% | +1.94% |
FRVLX vs. SHRAX - Expense Ratio Comparison
FRVLX has a 1.00% expense ratio, which is lower than SHRAX's 1.11% expense ratio.
Dividends
FRVLX vs. SHRAX - Dividend Comparison
FRVLX's dividend yield for the trailing twelve months is around 6.70%, less than SHRAX's 22.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRVLX Franklin Small Cap Value Fund | 6.70% | 7.99% | 8.45% | 4.54% | 3.21% | 7.55% | 2.20% | 6.31% | 18.48% | 8.06% | 4.76% | 11.04% |
SHRAX ClearBridge Aggressive Growth Fund | 22.06% | 22.27% | 20.39% | 13.77% | 15.63% | 26.11% | 18.42% | 12.71% | 18.97% | 5.97% | 4.76% | 4.03% |
Frequently Asked Questions
FRVLX and SHRAX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHRAX has higher volatility (5.65%) compared to FRVLX (4.88%). In terms of maximum drawdown, FRVLX dropped -60.27% vs SHRAX's -57.26%.
FRVLX currently has the higher Sharpe Ratio (1.76 vs 0.35), 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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