FRANKLIN HIGH Sortino Ratio
| FHIRX Fund | | | USD 1.82 0.01 0.55% |
The Sortino Ratio measures risk-adjusted return using only downside deviation rather than total volatility. Unlike the Sharpe Ratio, which penalizes both upside and downside volatility equally, the Sortino Ratio penalizes only returns below a target threshold, making it a more targeted measure of harmful volatility. Below is FRANKLIN HIGH's current Sortino Ratio with peer comparisons and related risk metrics.
Current Sortino Ratio Value
At 0.0334, FRANKLIN HIGH exhibits its current reading on this measure in Sortino Ratio. This reflects FRANKLIN HIGH's positioning relative to its own recent range within Mutual Fund Funds.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.0334 | |
| ER[a] | = | Expected return on investing in FRANKLIN HIGH |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
Sortino Ratio Peers Comparison
Relative to peers, FRANKLIN HIGH's Sortino Ratio is above the group average of 0.02. Peer readings range from 0.0169 (Franklin High Yield) to 0.0232 (Franklin High Yield), reflecting tight clustering across the sector. FRANKLIN HIGH's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Sortino Ratio Relative To Other Indicators
The chart below plots Sortino Ratio against Maximum Drawdown for Franklin High and its peers. Each point represents one equity — position along the horizontal axis shows Sortino Ratio while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
FRANKLIN HIGH's Maximum Drawdown of
1.12 runs about
33.64 times its Sortino Ratio of
0.03 . This indicates Maximum Drawdown substantially exceeds Sortino Ratio for FRANKLIN HIGH.
Methodology, Assumptions & Data Sources
The current Sortino Ratio for FRANKLIN HIGH is 0.0334. The Sortino Ratio for FRANKLIN HIGH is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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