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Templeton Global Total Return Fund (TTRZX) Sharpe Ratio: 1.43

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks total investment return consisting of a combination of interest income, capital appreciation, and currency gains. Under normal market conditions, the fund invests primarily in fixed and floating rate debt securities and debt obligations (including convertible bonds) of governments, government agencies and government-related or corporate issuers worldwide (collectively, "bonds"). Bonds may be denominated and issued in the local currency or in another currency. Bonds include debt securities of any maturity, such as bonds, notes, bills and debentures. The fund is non-diversified.

TTRZX's Sharpe Ratio of 1.43 indicates that for each unit of volatility, it generates 1.43 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

TTRZX Sharpe Ratio Rank

TTRZX Sharpe Ratio Rank: 24.925
Below Average

TTRZX ranks above 24.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

TTRZX Sharpe Ratio Market Positioning

The chart shows TTRZX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.65+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Templeton Global Total Return Fund's Sharpe Ratio with other mutual funds in the Nontraditional Bonds category across multiple time periods, showing how TTRZX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CBYYXVictory Pioneer Cat Bond Fund Class Y9.05
EIGMXEaton Vance Global Macro Absolute Return Fund6.51
EGRIXEaton Vance Global Macro Absolute Return Advantage Fund5.51
APFPXArtisan Global Unconstrained Fund4.95
DFLEXDoubleLine Flexible Income Fund4.44
SCFZXPGIM Securitized Credit Fund4.09
MAHIXiMGP High Income Alternatives Fund3.79
AFLIXAnfield Universal Fixed Income Fund3.78
BGCIXBlackRock Global Long/Short Credit Fund3.56
GMODXGMO Opportunistic Income Fund3.47
TTRZXTempleton Global Total Return Fund1.43

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows TTRZX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TTRZX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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