# Sortino Ratio

*Risk & Portfolio — Finicade finance glossary*

A twist on the Sharpe ratio that only counts downside volatility, not the harmless upside kind. It rewards strategies whose 'risk' is mostly big gains rather than losses.

**Related terms:** [Sharpe Ratio](https://finicade.com/glossary/sharpe-ratio), [Drawdown](https://finicade.com/glossary/drawdown), [Volatility](https://finicade.com/glossary/volatility)

Source: https://finicade.com/glossary/sortino-ratio