FYMIX vs. FGTIX

Last updated Aug 4, 2026

FYMIX (Fidelity Sustainable Multi-Asset Fund) and FGTIX (Franklin Growth Allocation Fund) are both Diversified Portfolio funds. Over the past 3 years, FYMIX returned 14.27%/yr vs 15.55%/yr for FGTIX. Their 0.96 correlation means they have historically moved very closely together. FYMIX charges 0.05%/yr vs 0.66%/yr for FGTIX.

Performance

FYMIX vs. FGTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainable Multi-Asset Fund (FYMIX) and Franklin Growth Allocation Fund (FGTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FYMIX having a 8.71% return and FGTIX slightly higher at 8.85%.

FYMIX

• 1D: 0.63%
• 1M: -0.39%
• 6M: 5.41%
• YTD: 8.71%
• 1Y: 18.82%
• 3Y*: 14.27%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.93%

FGTIX

• 1D: 0.57%
• 1M: 0.09%
• 6M: 5.92%
• YTD: 8.85%
• 1Y: 19.10%
• 3Y*: 15.55%
• 5Y*: 8.43%
• 10Y*: 10.13%
• ALL TIME*: 7.37%

*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)
FGTIX Franklin Growth Allocation Fund	$0.00	$0.00	$0.00
FYMIX Fidelity Sustainable Multi-Asset Fund	$0.00	$0.00	$0.00

FYMIX vs. FGTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FYMIX Fidelity Sustainable Multi-Asset Fund	8.71%	18.95%	11.09%	16.15%	-15.71%
FGTIX Franklin Growth Allocation Fund	8.85%	17.82%	15.13%	17.62%	-14.25%

Correlation

The correlation between FYMIX and FGTIX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.96
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.96

The correlation between FYMIX and FGTIX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

FYMIX vs. FGTIX — Risk / Return Rank

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

FYMIX

FYMIX Risk / Return Rank: 56
FYMIX Sharpe Ratio Rank: 55
FYMIX Sortino Ratio Rank: 54
FYMIX Omega Ratio Rank: 54
FYMIX Calmar Ratio Rank: 53
FYMIX Martin Ratio Rank: 62

FGTIX

FGTIX Risk / Return Rank: 63
FGTIX Sharpe Ratio Rank: 62
FGTIX Sortino Ratio Rank: 59
FGTIX Omega Ratio Rank: 58
FGTIX Calmar Ratio Rank: 61
FGTIX Martin Ratio Rank: 74

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.

FYMIX vs. FGTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Multi-Asset Fund (FYMIX) and Franklin Growth Allocation Fund (FGTIX). 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.

	FYMIX	FGTIX	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.60	-0.07
Sortino ratio: Return per unit of downside risk	2.16	2.25	-0.09
Omega ratio: Gain probability vs. loss probability	1.28	1.29	-0.01
Calmar ratio: Return relative to maximum drawdown	2.06	2.22	-0.15
Martin ratio: Return relative to average drawdown	8.52	9.57	-1.05

FYMIX vs. FGTIX - Sharpe Ratio Comparison

The current FYMIX Sharpe Ratio is 1.52, which is comparable to the FGTIX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of FYMIX and FGTIX, 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

FYMIX vs. FGTIX - Drawdown Comparison

The maximum FYMIX drawdown since its inception was -22.70%, smaller than the maximum FGTIX drawdown of -46.40%. Use the drawdown chart below to compare losses from any high point for FYMIX and FGTIX.

Drawdown Indicators

	FYMIX	FGTIX	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-46.40%	+23.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-8.16%	-0.64%
Max Drawdown (3Y) Largest decline over 3 years	-12.72%	-14.22%	+1.50%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.56%	—
Current Drawdown Current decline from peak	-1.30%	-1.12%	-0.18%
Average Drawdown Average peak-to-trough decline	-5.48%	-10.11%	+4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.89%	+0.24%

Volatility

FYMIX vs. FGTIX - Volatility Comparison

Fidelity Sustainable Multi-Asset Fund (FYMIX) and Franklin Growth Allocation Fund (FGTIX) have volatilities of 3.40% and 3.40%, 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.

Volatility by Period

	FYMIX	FGTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	3.40%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	10.17%	9.40%	+0.77%
Volatility (1Y) Calculated over the trailing 1-year period	11.93%	11.35%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.79%	15.13%	-2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.79%	13.86%	-1.07%

FYMIX vs. FGTIX - Expense Ratio Comparison

FYMIX has a 0.05% expense ratio, which is lower than FGTIX's 0.66% expense ratio.

Dividends

FYMIX vs. FGTIX - Dividend Comparison

FYMIX's dividend yield for the trailing twelve months is around 3.39%, less than FGTIX's 7.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGTIX Franklin Growth Allocation Fund	7.67%	8.98%	2.27%	3.28%	4.93%	14.27%	5.11%	11.14%	9.45%	6.22%	2.70%	6.36%
FYMIX Fidelity Sustainable Multi-Asset Fund	3.39%	3.69%	1.84%	1.78%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FYMIX and FGTIX in my portfolio?

With a correlation of 0.97, FYMIX and FGTIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FYMIX or FGTIX?

FGTIX has higher volatility (3.40%) compared to FYMIX (3.40%). In terms of maximum drawdown, FYMIX dropped -22.70% vs FGTIX's -46.40%.

Which has better risk-adjusted returns?

FGTIX currently has the higher Sharpe Ratio (1.60 vs 1.52), 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.