HGOYX vs. FKDNX
Compare and contrast key facts about The Hartford Growth Opportunities Fund (HGOYX) and Franklin DynaTech Fund (FKDNX).
HGOYX is managed by Hartford. It was launched on Feb 19, 2002. FKDNX is managed by Franklin Templeton. It was launched on Jan 2, 1968.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOYX or FKDNX.
Correlation
The correlation between HGOYX and FKDNX is 0.94, 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
HGOYX vs. FKDNX - Performance Comparison
Key characteristics
HGOYX:
2.39
FKDNX:
1.66
HGOYX:
3.06
FKDNX:
2.22
HGOYX:
1.42
FKDNX:
1.30
HGOYX:
1.42
FKDNX:
1.39
HGOYX:
13.06
FKDNX:
9.27
HGOYX:
3.65%
FKDNX:
3.87%
HGOYX:
19.93%
FKDNX:
21.62%
HGOYX:
-63.04%
FKDNX:
-55.85%
HGOYX:
-0.64%
FKDNX:
-0.89%
Returns By Period
In the year-to-date period, HGOYX achieves a 47.42% return, which is significantly higher than FKDNX's 35.71% return. Over the past 10 years, HGOYX has underperformed FKDNX with an annualized return of 6.77%, while FKDNX has yielded a comparatively higher 14.53% annualized return.
HGOYX
47.42%
5.58%
15.86%
47.73%
10.99%
6.77%
FKDNX
35.71%
3.89%
10.75%
35.90%
15.30%
14.53%
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HGOYX vs. FKDNX - Expense Ratio Comparison
HGOYX has a 0.84% expense ratio, which is higher than FKDNX's 0.79% expense ratio.
Risk-Adjusted Performance
HGOYX vs. FKDNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund (HGOYX) and Franklin DynaTech Fund (FKDNX). 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
HGOYX vs. FKDNX - Dividend Comparison
Neither HGOYX nor FKDNX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
The Hartford Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% |
Franklin DynaTech Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HGOYX vs. FKDNX - Drawdown Comparison
The maximum HGOYX drawdown since its inception was -63.04%, which is greater than FKDNX's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for HGOYX and FKDNX. For additional features, visit the drawdowns tool.
Volatility
HGOYX vs. FKDNX - Volatility Comparison
The Hartford Growth Opportunities Fund (HGOYX) and Franklin DynaTech Fund (FKDNX) have volatilities of 6.00% and 6.03%, 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.