First Trust Risk Adjusted Performance

FTLS Etf  USD 69.51  -0.55  -0.79%   
The Risk Adjusted Performance technical lookup provides context for First Trust LongShort and related instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Investing Opportunities provides context for diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This reflects a position in First Trust LongShort 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 board of governors.
First Trust LongShort has current Risk Adjusted Performance of -0.05.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
-0.05
ER[a] = Expected return on investing in First Trust
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

First Trust Risk Adjusted Performance Peers Comparison

First Risk Adjusted Performance Relative To Other Indicators

First Trust LongShort is rated below average in risk adjusted performance across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
Compare First Trust to Peers

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