XT vs. FKDNX

Last updated Jun 4, 2026

XT (iShares Future Exponential Technologies ETF) and FKDNX (Franklin DynaTech Fund) are both funds - XT is a Technology Equities fund tracking the Morningstar Exponential Technologies Index (Net), while FKDNX is a Large Cap Growth Equities fund managed by Franklin Templeton. Over the past 10 years, XT returned 14.70%/yr vs 18.38%/yr for FKDNX. Their correlation of 0.87 suggests significant overlap in exposure. XT charges 0.46%/yr vs 0.79%/yr for FKDNX.

Performance

XT vs. FKDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Exponential Technologies ETF (XT) and Franklin DynaTech Fund (FKDNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XT achieves a 20.20% return, which is significantly higher than FKDNX's 13.49% return. Over the past 10 years, XT has underperformed FKDNX with an annualized return of 14.70%, while FKDNX has yielded a comparatively higher 18.38% annualized return.

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

FKDNX

• 1D: 0.42%
• 1M: 7.25%
• YTD: 13.49%
• 6M: 12.49%
• 1Y: 30.72%
• 3Y*: 25.84%
• 5Y*: 11.35%
• 10Y*: 18.38%

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

XT vs. FKDNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	27.02%	-27.83%	16.43%	35.10%	30.74%	-4.93%	33.71%
FKDNX Franklin DynaTech Fund	13.49%	18.59%	30.57%	44.42%	-40.30%	12.53%	57.68%	36.36%	2.85%	39.29%

Correlation

The correlation between XT and FKDNX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 25, 2015	0.87

The correlation between XT and FKDNX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

XT vs. FKDNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

FKDNX

FKDNX Risk / Return Rank: 23
FKDNX Sharpe Ratio Rank: 30
FKDNX Sortino Ratio Rank: 25
FKDNX Omega Ratio Rank: 27
FKDNX Calmar Ratio Rank: 18
FKDNX Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XT vs. FKDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Exponential Technologies ETF (XT) 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.

	XT	FKDNX	Difference
Sharpe ratio: Return per unit of total volatility	2.89	1.55	+1.34
Sortino ratio: Return per unit of downside risk	3.83	2.07	+1.76
Omega ratio: Gain probability vs. loss probability	1.48	1.27	+0.21
Calmar ratio: Return relative to maximum drawdown	4.41	1.54	+2.87
Martin ratio: Return relative to average drawdown	18.51	4.79	+13.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XT vs. FKDNX - Sharpe Ratio Comparison

The current XT Sharpe Ratio is 2.89, which is higher than the FKDNX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of XT and FKDNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XT	FKDNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.89	1.55	+1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.44	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.75	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.67	-0.01

Drawdowns

XT vs. FKDNX - Drawdown Comparison

The maximum XT drawdown since its inception was -34.41%, smaller than the maximum FKDNX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for XT and FKDNX.

Drawdown Indicators

	XT	FKDNX	Difference
Max Drawdown Largest peak-to-trough decline	-34.41%	-51.63%	+17.22%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	-20.49%	+10.04%
Max Drawdown (3Y) Largest decline over 3 years	-22.09%	-26.23%	+4.14%
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	-48.28%	+13.87%
Max Drawdown (10Y) Largest decline over 10 years	-34.41%	-48.28%	+13.87%
Current Drawdown Current decline from peak	-0.47%	0.00%	-0.47%
Average Drawdown Average peak-to-trough decline	-7.41%	-11.25%	+3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	6.57%	-4.08%

Volatility

XT vs. FKDNX - Volatility Comparison

iShares Future Exponential Technologies ETF (XT) and Franklin DynaTech Fund (FKDNX) have volatilities of 4.85% and 4.76%, 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

	XT	FKDNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	4.76%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	15.85%	-3.91%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	20.38%	-4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	26.21%	-5.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.08%	24.61%	-4.53%

XT vs. FKDNX - Expense Ratio Comparison

XT has a 0.46% expense ratio, which is lower than FKDNX's 0.79% expense ratio.

Dividends

XT vs. FKDNX - Dividend Comparison

XT's dividend yield for the trailing twelve months is around 6.61%, less than FKDNX's 9.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FKDNX Franklin DynaTech Fund	9.84%	11.17%	0.00%	0.00%	0.00%	1.43%	0.00%	0.74%	2.92%	1.77%	3.55%	2.46%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both XT and FKDNX in my portfolio?

XT and FKDNX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XT or FKDNX?

XT has higher volatility (4.85%) compared to FKDNX (4.76%). In terms of maximum drawdown, XT dropped -34.41% vs FKDNX's -51.63%.

Which has better risk-adjusted returns?

XT currently has the higher Sharpe Ratio (2.89 vs 1.55), 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.