Harbor ETF Total Risk Alpha
| EPSB Etf | | | 24.21 -0.12 -0.49% |
Reference data associated with the Total Risk Alpha technical indicator for Harbor ETF Trust. Technical inputs may vary across markets and data providers.
Harbor ETF Trust has current Total Risk Alpha of 0.1577. 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] |
| = | 0.1577 | |
| ER[a] | = | Expected return on investing in Harbor ETF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Harbor ETF |
| 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
Harbor ETF Trust is rated
fourth in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
29.01 of Maximum Drawdown per Total Risk Alpha. At
29.01 , Harbor ETF Trust's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Harbor ETF to Peers
Other Technical Indicators