Aptus Defined Total Risk Alpha

DRSK Etf  USD 27.32  -0.17  -0.62%   
This dataset for Aptus Defined Risk reflects inputs used in the Total Risk Alpha calculation. Values are derived from historical price and volume observations. Data coverage may vary across sources and reporting intervals. Use Investing Opportunities to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The construction of a diversified portfolio involves managing position exposure. All figures are based on reported data and are informational in nature. This captures an allocation to Aptus Defined Risk. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
Aptus Defined Risk has current Total Risk Alpha of -0.04. 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]

 = 
-0.04
ER[a] = Expected return on investing in Aptus Defined
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Aptus Defined
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

Aptus Defined Risk is rated below average for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Aptus Defined to Peers

Other Technical Indicators