FNV Charts From 2008 to 2016, Franco-Nevada produced the best returns of all royalty companies, and better returns than GLD or SPY. When compared to GLD as the benchmark, the iM-Rating for FNV is A(A), indicating that the most recent one- and five-year Rolling Returns for the company were higher than for gold. Additionally, the one- and five-year rolling return graphs for FNV are sloping upwards near the end, indicating possible further excess gains over the benchmark ETFs, GLD and SPY.