PFADX vs. FFACX

Last updated Aug 4, 2026

PFADX (PFG BNY Mellon Diversifier Strategy Fund) and FFACX (Franklin Global Allocation Fund Class C) are both Global Allocation funds. Over the past 5 years, PFADX returned 1.19%/yr vs 7.02%/yr for FFACX. Their 0.63 correlation means they have sometimes moved together and sometimes differently. PFADX charges 2.05%/yr vs 1.74%/yr for FFACX.

Performance

PFADX vs. FFACX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PFG BNY Mellon Diversifier Strategy Fund (PFADX) and Franklin Global Allocation Fund Class C (FFACX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFADX achieves a 2.36% return, which is significantly lower than FFACX's 7.18% return.

PFADX

• 1D: -0.10%
• 1M: -0.20%
• 6M: 0.50%
• YTD: 2.36%
• 1Y: 6.29%
• 3Y*: 5.01%
• 5Y*: 1.19%
• 10Y*: —
• ALL TIME*: 2.14%

FFACX

• 1D: 0.34%
• 1M: 0.11%
• 6M: 4.48%
• YTD: 7.18%
• 1Y: 15.56%
• 3Y*: 12.83%
• 5Y*: 7.02%
• 10Y*: 6.56%
• ALL TIME*: 5.86%

*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)
FFACX Franklin Global Allocation Fund Class C	$0.00	$0.00	$0.00
PFADX PFG BNY Mellon Diversifier Strategy Fund	$0.00	$0.00	$0.00

PFADX vs. FFACX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFADX PFG BNY Mellon Diversifier Strategy Fund	2.36%	7.07%	2.13%	3.69%	-9.50%	3.85%	7.25%	8.16%	-5.20%	0.00%
FFACX Franklin Global Allocation Fund Class C	7.18%	15.09%	12.06%	11.99%	-12.43%	10.89%	0.71%	16.90%	-10.54%	-0.02%

Correlation

The correlation between PFADX and FFACX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (All Time) Calculated using the full available price history since Dec 27, 2017	0.63

The correlation between PFADX and FFACX has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

Return for Risk

PFADX vs. FFACX — Risk / Return Rank

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

PFADX

PFADX Risk / Return Rank: 43
PFADX Sharpe Ratio Rank: 49
PFADX Sortino Ratio Rank: 47
PFADX Omega Ratio Rank: 49
PFADX Calmar Ratio Rank: 39
PFADX Martin Ratio Rank: 33

FFACX

FFACX Risk / Return Rank: 61
FFACX Sharpe Ratio Rank: 58
FFACX Sortino Ratio Rank: 58
FFACX Omega Ratio Rank: 57
FFACX Calmar Ratio Rank: 59
FFACX Martin Ratio Rank: 72

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.

PFADX vs. FFACX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PFG BNY Mellon Diversifier Strategy Fund (PFADX) and Franklin Global Allocation Fund Class C (FFACX). 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.

	PFADX	FFACX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.58	-0.13
Sortino ratio: Return per unit of downside risk	2.05	2.26	-0.22
Omega ratio: Gain probability vs. loss probability	1.27	1.29	-0.02
Calmar ratio: Return relative to maximum drawdown	1.77	2.21	-0.44
Martin ratio: Return relative to average drawdown	5.10	9.49	-4.38

PFADX vs. FFACX - Sharpe Ratio Comparison

The current PFADX Sharpe Ratio is 1.46, which is comparable to the FFACX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of PFADX and FFACX, 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

PFADX vs. FFACX - Drawdown Comparison

The maximum PFADX drawdown since its inception was -16.64%, smaller than the maximum FFACX drawdown of -53.66%. Use the drawdown chart below to compare losses from any high point for PFADX and FFACX.

Drawdown Indicators

	PFADX	FFACX	Difference
Max Drawdown Largest peak-to-trough decline	-16.64%	-53.66%	+37.02%
Max Drawdown (1Y) Largest decline over 1 year	-3.63%	-6.75%	+3.12%
Max Drawdown (3Y) Largest decline over 3 years	-6.38%	-10.99%	+4.61%
Max Drawdown (5Y) Largest decline over 5 years	-16.64%	-18.76%	+2.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.23%	—
Current Drawdown Current decline from peak	-1.96%	-0.78%	-1.18%
Average Drawdown Average peak-to-trough decline	-5.23%	-7.92%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.26%	1.57%	-0.31%

Volatility

PFADX vs. FFACX - Volatility Comparison

The current volatility for PFG BNY Mellon Diversifier Strategy Fund (PFADX) is 1.09%, while Franklin Global Allocation Fund Class C (FFACX) has a volatility of 2.69%. This indicates that PFADX experiences smaller price fluctuations and is considered to be less risky than FFACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFADX	FFACX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.09%	2.69%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	3.64%	7.93%	-4.29%
Volatility (1Y) Calculated over the trailing 1-year period	4.42%	9.44%	-5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	10.12%	-4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.52%	11.32%	-5.80%

PFADX vs. FFACX - Expense Ratio Comparison

PFADX has a 2.05% expense ratio, which is higher than FFACX's 1.74% expense ratio.

Dividends

PFADX vs. FFACX - Dividend Comparison

PFADX's dividend yield for the trailing twelve months is around 2.41%, less than FFACX's 4.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFACX Franklin Global Allocation Fund Class C	4.44%	4.52%	0.39%	0.90%	3.57%	0.45%	6.72%	2.24%	2.38%	2.21%	1.48%	2.17%
PFADX PFG BNY Mellon Diversifier Strategy Fund	2.41%	2.46%	2.89%	1.04%	5.33%	3.46%	0.08%	1.51%	0.91%	0.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PFADX and FFACX in my portfolio?

PFADX and FFACX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFADX or FFACX?

FFACX has higher volatility (2.69%) compared to PFADX (1.09%). In terms of maximum drawdown, PFADX dropped -16.64% vs FFACX's -53.66%.

Which has better risk-adjusted returns?

FFACX currently has the higher Sharpe Ratio (1.58 vs 1.46), 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.