First Trust Market Risk Adjusted Performance
| FXG Etf | | | USD 64.56 0.09 0.14% |
First Trust market risk adjusted performance lookup summarizes this and related technical indicators for First Trust Consumer. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Investing Opportunities to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in First Trust Consumer within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in median.
First Trust Consumer has current Market Risk Adjusted Performance of 0.3536.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.3536 | |
| ER[a] | = | Expected return on investing in First Trust |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
First Trust Market Risk Adjusted Performance Peers Comparison
First Market Risk Adjusted Performance Relative To Other Indicators
First Trust Consumer ranks
third among etfs in market risk adjusted performance relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
10.99 Maximum Drawdown per unit of Market Risk Adjusted Performance. First Trust Consumer carries a
10.99 x Maximum Drawdown-to-Market Risk Adjusted Performance ratio
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