ETRACS 2x Total Risk Alpha

IWDL Etf  USD 50.90  -0.33  -0.64%   
ETRACS 2x total risk alpha lookup summarizes this and related technical indicators for ETRACS 2x Leveraged. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Use Risk vs Return Analysis to better understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This includes a position in ETRACS 2x Leveraged across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued.
ETRACS 2x Leveraged has current Total Risk Alpha of 0.1184. 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]

 = 
0.1184
ER[a] = Expected return on investing in ETRACS 2x
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on ETRACS 2x
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

ETRACS 2x Total Risk Alpha Peers Comparison

ETRACS Total Risk Alpha Relative To Other Indicators

ETRACS 2x Leveraged is ranked fifth relative to 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 82.29 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for ETRACS 2x Leveraged is roughly 82.29
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ETRACS 2x to Peers

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