IShares SP Total Risk Alpha

GSG Etf  USD 29.40  0.37  1.27%   
The Total Risk Alpha lookup presents technical context for iShares SP GSCI and related instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Risk vs Return Analysis provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in iShares SP GSCI 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 main economic indicators.
iShares SP GSCI has current Total Risk Alpha of 0.3405. 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]

 = 
0.3405
ER[a] = Expected return on investing in IShares SP
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on IShares SP
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

IShares SP Total Risk Alpha Peers Comparison

IShares Total Risk Alpha Relative To Other Indicators

iShares SP GSCI is positioned as one of the top etfs in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 17.69 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for iShares SP GSCI is roughly 17.69
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare IShares SP to Peers

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