FT Cboe Total Risk Alpha

DFEB Etf  USD 48.18  0.20  0.42%   
FT Cboe total risk alpha lookup summarizes this and related technical indicators for FT Cboe Vest. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Use Investing Opportunities to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in FT Cboe Vest in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.
FT Cboe Vest has current Total Risk Alpha of 0.016. 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]

 = 
0.016
ER[a] = Expected return on investing in FT Cboe
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on FT Cboe
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

FT Cboe Total Risk Alpha Peers Comparison

DFEB Total Risk Alpha Relative To Other Indicators

FT Cboe Vest currently holds the # 2 position in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 99.97 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for FT Cboe Vest is roughly 99.97
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare FT Cboe to Peers

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