LLLRX vs. FYMIX

Last updated Aug 1, 2026

LLLRX (Franklin Multi-Asset Growth Fund R) and FYMIX (Fidelity Sustainable Multi-Asset Fund) are both Diversified Portfolio funds. Over the past 3 years, LLLRX returned 14.70%/yr vs 13.83%/yr for FYMIX. Their 0.95 correlation means they have historically moved very closely together. LLLRX charges 1.46%/yr vs 0.05%/yr for FYMIX.

Performance

LLLRX vs. FYMIX - Performance Comparison

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

Returns By Period

In the year-to-date period, LLLRX achieves a 8.69% return, which is significantly higher than FYMIX's 8.03% return.

LLLRX

• 1D: 1.79%
• 1M: -0.38%
• 6M: 6.43%
• YTD: 8.69%
• 1Y: 18.88%
• 3Y*: 14.70%
• 5Y*: 8.63%
• 10Y*: 9.27%
• ALL TIME*: 7.72%

FYMIX

• 1D: 1.91%
• 1M: -1.01%
• 6M: 5.01%
• YTD: 8.03%
• 1Y: 18.08%
• 3Y*: 13.83%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.79%

*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)
FYMIX Fidelity Sustainable Multi-Asset Fund	$0.00	$0.00	$0.00
LLLRX Franklin Multi-Asset Growth Fund R	$0.00	$0.00	$0.00

LLLRX vs. FYMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LLLRX Franklin Multi-Asset Growth Fund R	8.69%	16.07%	16.26%	16.76%	-13.26%
FYMIX Fidelity Sustainable Multi-Asset Fund	8.03%	18.95%	11.09%	16.15%	-15.71%

Correlation

The correlation between LLLRX and FYMIX is 0.96 - 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.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.95

The correlation between LLLRX and FYMIX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

LLLRX vs. FYMIX — Risk / Return Rank

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

LLLRX

LLLRX Risk / Return Rank: 47
LLLRX Sharpe Ratio Rank: 43
LLLRX Sortino Ratio Rank: 41
LLLRX Omega Ratio Rank: 41
LLLRX Calmar Ratio Rank: 49
LLLRX Martin Ratio Rank: 59

FYMIX

FYMIX Risk / Return Rank: 58
FYMIX Sharpe Ratio Rank: 58
FYMIX Sortino Ratio Rank: 57
FYMIX Omega Ratio Rank: 58
FYMIX Calmar Ratio Rank: 55
FYMIX Martin Ratio Rank: 64

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.

LLLRX vs. FYMIX - Risk-Adjusted Trends Comparison

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

	LLLRX	FYMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.42	-0.09
Sortino ratio: Return per unit of downside risk	1.88	2.03	-0.15
Omega ratio: Gain probability vs. loss probability	1.24	1.26	-0.02
Calmar ratio: Return relative to maximum drawdown	1.95	1.92	+0.02
Martin ratio: Return relative to average drawdown	8.14	7.94	+0.21

LLLRX vs. FYMIX - Sharpe Ratio Comparison

The current LLLRX Sharpe Ratio is 1.33, which is comparable to the FYMIX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of LLLRX and FYMIX, 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

LLLRX vs. FYMIX - Drawdown Comparison

The maximum LLLRX drawdown since its inception was -32.05%, which is greater than FYMIX's maximum drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for LLLRX and FYMIX.

Drawdown Indicators

	LLLRX	FYMIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.05%	-22.70%	-9.35%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	-8.80%	+0.11%
Max Drawdown (3Y) Largest decline over 3 years	-16.80%	-12.72%	-4.08%
Max Drawdown (5Y) Largest decline over 5 years	-25.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.05%	—	—
Current Drawdown Current decline from peak	-2.04%	-1.92%	-0.12%
Average Drawdown Average peak-to-trough decline	-5.48%	-5.49%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.13%	-0.06%

Volatility

LLLRX vs. FYMIX - Volatility Comparison

Franklin Multi-Asset Growth Fund R (LLLRX) has a higher volatility of 3.79% compared to Fidelity Sustainable Multi-Asset Fund (FYMIX) at 3.40%. This indicates that LLLRX's price experiences larger fluctuations and is considered to be riskier than FYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLLRX	FYMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	3.40%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	10.16%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	12.72%	11.92%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	12.79%	+1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.87%	12.79%	+2.08%

LLLRX vs. FYMIX - Expense Ratio Comparison

LLLRX has a 1.46% expense ratio, which is higher than FYMIX's 0.05% expense ratio.

Dividends

LLLRX vs. FYMIX - Dividend Comparison

LLLRX's dividend yield for the trailing twelve months is around 11.73%, more than FYMIX's 3.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYMIX Fidelity Sustainable Multi-Asset Fund	3.41%	3.69%	1.84%	1.78%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LLLRX Franklin Multi-Asset Growth Fund R	11.73%	11.15%	6.02%	5.28%	8.64%	7.09%	4.77%	5.64%	5.76%	11.27%	4.31%	11.36%

Frequently Asked Questions

Can I hold both LLLRX and FYMIX in my portfolio?

With a correlation of 0.96, LLLRX and FYMIX 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, LLLRX or FYMIX?

LLLRX has higher volatility (3.79%) compared to FYMIX (3.40%). In terms of maximum drawdown, LLLRX dropped -32.05% vs FYMIX's -22.70%.

Which has better risk-adjusted returns?

FYMIX currently has the higher Sharpe Ratio (1.42 vs 1.33), 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.