IShares MSCI Total Risk Alpha

EWJ Etf  USD 83.55  2.35  2.89%   
The Total Risk Alpha indicator for IShares MSCI is constructed from normalized market data. Related indicator context is organized within Equity Screeners. IShares MSCI has a market cap of 12.66 B. Use Investing Opportunities to view allocation positioning. Tracking iShares MSCI Japan in a portfolio helps measure its contribution to overall performance. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence iShares MSCI Japan's etf valuation — related indicators include signals in private.
iShares MSCI Japan has current Total Risk Alpha of 0.1657. 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]

 = 
0.1657
ER[a] = Expected return on investing in IShares MSCI
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares MSCI
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

iShares MSCI Japan is positioned second relative to peers in the total risk alpha category versus ETFs. It is currently under evaluation in the maximum drawdown category versus ETFs showing 45.68 of Maximum Drawdown relative to Total Risk Alpha. For iShares MSCI Japan, Maximum Drawdown measures 45.68 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare IShares MSCI to Peers

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