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Finance Calculators

Sharpe Ratio Calculator

Calculate the Sharpe ratio to see how much excess return a portfolio earns per unit of risk (volatility) taken.

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Sharpe ratio
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About the Sharpe Ratio Calculator

The Sharpe ratio measures how much extra return an investment delivers for each unit of risk (volatility) it takes on, letting investors compare portfolios with very different return profiles on a risk-adjusted basis.

Formula: Sharpe Ratio = (Portfolio Return − Risk-Free Rate) ÷ Standard Deviation of Portfolio Returns

A higher Sharpe ratio means better risk-adjusted performance — a ratio above 1 is generally considered good, above 2 very good, and above 3 excellent, though what counts as "good" varies by asset class and time period.

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