TTRZX vs. RPELX
TTRZX (Templeton Global Total Return Fund) and RPELX (T. Rowe Price Dynamic Credit Fund) are both Nontraditional Bonds funds. Over the past 5 years, TTRZX returned 0.82%/yr vs 2.94%/yr for RPELX. Their 0.03 correlation means their historical movements had little consistent relationship. TTRZX charges 0.89%/yr vs 0.56%/yr for RPELX.
Performance
TTRZX vs. RPELX - Performance Comparison
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Returns By Period
In the year-to-date period, TTRZX achieves a 4.29% return, which is significantly higher than RPELX's -1.33% return.
TTRZX
- 1D
- 1.45%
- 1M
- 1.55%
- 6M
- 1.18%
- YTD
- 4.29%
- 1Y
- 10.35%
- 3Y*
- 5.74%
- 5Y*
- 0.82%
- 10Y*
- 1.13%
- ALL TIME*
- 3.78%
RPELX
- 1D
- 0.48%
- 1M
- -1.29%
- 6M
- -2.27%
- YTD
- -1.33%
- 1Y
- 0.75%
- 3Y*
- 5.30%
- 5Y*
- 2.94%
- 10Y*
- —
- ALL TIME*
- 4.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TTRZX vs. RPELX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TTRZX Templeton Global Total Return Fund | 4.29% | 18.26% | -6.61% | 6.28% | -12.29% | -5.14% | -5.58% | 0.29% |
RPELX T. Rowe Price Dynamic Credit Fund | -1.33% | 7.13% | 7.47% | 2.92% | -0.81% | 6.37% | 2.52% | 7.00% |
Correlation
The correlation between TTRZX and RPELX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | -0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2019 | 0.03 |
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Return for Risk
TTRZX vs. RPELX — Risk / Return Rank
TTRZX
RPELX
TTRZX vs. RPELX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Templeton Global Total Return Fund (TTRZX) and T. Rowe Price Dynamic Credit Fund (RPELX). 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.
| TTRZX | RPELX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.05 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 0.27 | +1.30 |
| Martin ratioReturn relative to average drawdown | 4.96 | 0.89 | +4.07 |
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Drawdowns
TTRZX vs. RPELX - Drawdown Comparison
The maximum TTRZX drawdown since its inception was -33.17%, which is greater than RPELX's maximum drawdown of -19.94%. Use the drawdown chart below to compare losses from any high point for TTRZX and RPELX.
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Drawdown Indicators
| TTRZX | RPELX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.17% | -19.94% | -13.23% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -2.83% | -4.12% |
Max Drawdown (3Y)Largest decline over 3 years | -11.49% | -3.16% | -8.33% |
Max Drawdown (5Y)Largest decline over 5 years | -26.23% | -7.25% | -18.98% |
Max Drawdown (10Y)Largest decline over 10 years | -33.17% | — | — |
Current DrawdownCurrent decline from peak | -6.61% | -2.36% | -4.25% |
Average DrawdownAverage peak-to-trough decline | -7.61% | -1.95% | -5.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 0.85% | +1.34% |
Volatility
TTRZX vs. RPELX - Volatility Comparison
Templeton Global Total Return Fund (TTRZX) has a higher volatility of 2.18% compared to T. Rowe Price Dynamic Credit Fund (RPELX) at 1.23%. This indicates that TTRZX's price experiences larger fluctuations and is considered to be riskier than RPELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTRZX | RPELX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 1.23% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 2.69% | +3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.50% | 3.34% | +4.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.24% | 3.78% | +5.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.81% | 4.72% | +3.09% |
TTRZX vs. RPELX - Expense Ratio Comparison
TTRZX has a 0.89% expense ratio, which is higher than RPELX's 0.56% expense ratio.
Dividends
TTRZX vs. RPELX - Dividend Comparison
TTRZX's dividend yield for the trailing twelve months is around 6.90%, more than RPELX's 6.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPELX T. Rowe Price Dynamic Credit Fund | 6.19% | 7.49% | 6.95% | 4.90% | 8.05% | 5.39% | 7.16% | 4.43% | 0.00% | 0.00% | 0.00% | 0.00% |
TTRZX Templeton Global Total Return Fund | 6.90% | 5.57% | 8.19% | 5.95% | 7.54% | 8.18% | 4.84% | 6.96% | 5.55% | 3.54% | 2.94% | 4.31% |
Frequently Asked Questions
TTRZX and RPELX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TTRZX has higher volatility (2.18%) compared to RPELX (1.23%). In terms of maximum drawdown, TTRZX dropped -33.17% vs RPELX's -19.94%.
TTRZX currently has the higher Sharpe Ratio (1.45 vs 0.23), 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.
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