Franklin Total Risk Alpha
| FRQXX Fund | | | USD 1.00 0.00 0.00% |
The Total Risk Alpha profile for Franklin Government Money is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Coverage may vary depending on data availability and normalization methods. Portfolio design and allocation context appear in
Investing Opportunities. Portfolio-level transparency adds depth to allocation analysis. The allocation shows a weighting toward Franklin Government Money. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. This view summarizes available data without implying outcomes. Also, note that the market value of any money market fund could be closely tied with the direction of predictive economic indicators such as
signals in services.
Franklin Government Money has current Total Risk Alpha of 0. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0 | |
| ER[a] | = | Expected return on investing in Franklin |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Franklin |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Franklin Government Money is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Franklin to Peers