Dimensional ETF Total Risk Alpha

DFEV Etf  USD 36.27  -0.25  -0.68%   
Dimensional ETF total risk alpha lookup summarizes this and related technical indicators for Dimensional ETF Trust. 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 Dimensional ETF Trust 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 small area income & poverty estimates.
Dimensional ETF Trust has current Total Risk Alpha of 0.1554. 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]

 = 
0.1554
ER[a] = Expected return on investing in Dimensional ETF
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Dimensional ETF
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Dimensional ETF Total Risk Alpha Peers Comparison

Dimensional Total Risk Alpha Relative To Other Indicators

Dimensional ETF Trust currently holds the # 3 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 42.10 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Dimensional ETF Trust is roughly 42.10
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Dimensional ETF to Peers

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