WisdomTree SmallCap Total Risk Alpha

DES Etf  USD 34.82  0.00  0.00%   
Observed values used in the Total Risk Alpha indicator for WisdomTree SmallCap Dividend are included in this dataset. Market data gaps can influence the computed indicator values. Review Investing Opportunities to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in WisdomTree SmallCap Dividend. It is distributed across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
WisdomTree SmallCap Dividend has current Total Risk Alpha of 0.1449. 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]

 = 
0.1449
ER[a] = Expected return on investing in WisdomTree SmallCap
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on WisdomTree SmallCap
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

WisdomTree SmallCap Dividend maintains a fifth standing in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 38.82 of Maximum Drawdown per Total Risk Alpha. For WisdomTree SmallCap Dividend, Maximum Drawdown stands at 38.82 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare WisdomTree SmallCap to Peers

Other Technical Indicators