FTC vs. FKGRX

Last updated Aug 2, 2026

FTC (First Trust Large Cap Growth AlphaDEX Fund) and FKGRX (Franklin Growth Fund Class A) are both Large Cap Growth Equities funds. FTC is passively managed, while FKGRX is actively managed. Over the past 10 years, FTC returned 13.72%/yr vs 13.46%/yr for FKGRX. Their correlation of 0.88 means they have usually moved in the same direction. FTC charges 0.58%/yr vs 0.78%/yr for FKGRX.

Performance

FTC vs. FKGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Large Cap Growth AlphaDEX Fund (FTC) and Franklin Growth Fund Class A (FKGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTC achieves a 10.20% return, which is significantly higher than FKGRX's 4.81% return. Both investments have delivered pretty close results over the past 10 years, with FTC having a 13.72% annualized return and FKGRX not far behind at 13.46%.

FTC

• 1D: 0.47%
• 1M: -4.20%
• 6M: 8.58%
• YTD: 10.20%
• 1Y: 15.05%
• 3Y*: 19.53%
• 5Y*: 9.81%
• 10Y*: 13.72%
• ALL TIME*: 10.32%

FKGRX

• 1D: 1.66%
• 1M: -0.91%
• 6M: 3.50%
• YTD: 4.81%
• 1Y: 11.92%
• 3Y*: 14.41%
• 5Y*: 7.53%
• 10Y*: 13.46%
• ALL TIME*: 11.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FKGRX Franklin Growth Fund Class A	$0.00	$0.00	$0.00
FTC First Trust Large Cap Growth AlphaDEX Fund	$3.59M	$2.82M	$2.77M

FTC vs. FKGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTC First Trust Large Cap Growth AlphaDEX Fund	10.20%	15.89%	26.60%	20.72%	-23.28%	24.43%	33.35%	28.07%	-6.03%	25.32%
FKGRX Franklin Growth Fund Class A	4.81%	15.38%	17.96%	27.54%	-25.32%	21.61%	30.71%	32.08%	-3.37%	26.31%

Correlation

The correlation between FTC and FKGRX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.90
Correlation (All Time) Calculated using the full available price history since May 11, 2007	0.88

The correlation between FTC and FKGRX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

Return for Risk

FTC vs. FKGRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTC

FTC Risk / Return Rank: 29
FTC Sharpe Ratio Rank: 26
FTC Sortino Ratio Rank: 26
FTC Omega Ratio Rank: 26
FTC Calmar Ratio Rank: 31
FTC Martin Ratio Rank: 36

FKGRX

FKGRX Risk / Return Rank: 20
FKGRX Sharpe Ratio Rank: 20
FKGRX Sortino Ratio Rank: 20
FKGRX Omega Ratio Rank: 19
FKGRX Calmar Ratio Rank: 18
FKGRX Martin Ratio Rank: 25

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTC vs. FKGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Growth AlphaDEX Fund (FTC) and Franklin Growth Fund Class A (FKGRX). 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.

	FTC	FKGRX	Difference
Sharpe ratio: Return per unit of total volatility	0.61	0.71	-0.09
Sortino ratio: Return per unit of downside risk	0.98	1.06	-0.09
Omega ratio: Gain probability vs. loss probability	1.12	1.13	-0.01
Calmar ratio: Return relative to maximum drawdown	1.06	0.86	+0.21
Martin ratio: Return relative to average drawdown	3.64	3.32	+0.33

FTC vs. FKGRX - Sharpe Ratio Comparison

The current FTC Sharpe Ratio is 0.61, which is comparable to the FKGRX Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of FTC and FKGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTC vs. FKGRX - Drawdown Comparison

The maximum FTC drawdown since its inception was -54.05%, which is greater than FKGRX's maximum drawdown of -51.08%. Use the drawdown chart below to compare losses from any high point for FTC and FKGRX.

Drawdown Indicators

	FTC	FKGRX	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-51.08%	-2.97%
Max Drawdown (1Y) Largest decline over 1 year	-12.37%	-11.48%	-0.89%
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	-21.72%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-31.18%	-32.22%	+1.04%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-32.52%	-2.14%
Current Drawdown Current decline from peak	-9.28%	-2.41%	-6.87%
Average Drawdown Average peak-to-trough decline	-9.28%	-6.72%	-2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	2.96%	+0.65%

Volatility

FTC vs. FKGRX - Volatility Comparison

First Trust Large Cap Growth AlphaDEX Fund (FTC) has a higher volatility of 7.27% compared to Franklin Growth Fund Class A (FKGRX) at 3.41%. This indicates that FTC's price experiences larger fluctuations and is considered to be riskier than FKGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTC	FKGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.27%	3.41%	+3.86%
Volatility (6M) Calculated over the trailing 6-month period	17.88%	10.82%	+7.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.43%	13.89%	+7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	19.69%	+0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.75%	19.54%	+1.21%

FTC vs. FKGRX - Expense Ratio Comparison

FTC has a 0.58% expense ratio, which is lower than FKGRX's 0.78% expense ratio.

Dividends

FTC vs. FKGRX - Dividend Comparison

FTC's dividend yield for the trailing twelve months is around 0.15%, less than FKGRX's 13.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FKGRX Franklin Growth Fund Class A	13.71%	14.37%	8.34%	6.26%	10.49%	9.19%	7.97%	5.75%	1.65%	2.38%	3.26%	3.88%
FTC First Trust Large Cap Growth AlphaDEX Fund	0.15%	0.20%	0.32%	0.65%	0.90%	0.00%	0.40%	0.64%	0.35%	0.40%	0.86%	0.52%

Frequently Asked Questions

Can I hold both FTC and FKGRX in my portfolio?

FTC and FKGRX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTC or FKGRX?

FTC has higher volatility (7.27%) compared to FKGRX (3.41%). In terms of maximum drawdown, FTC dropped -54.05% vs FKGRX's -51.08%.

Which has better risk-adjusted returns?

FKGRX currently has the higher Sharpe Ratio (0.71 vs 0.61), 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.