IShares Industrials Total Risk Alpha
| IYJ Etf | | | USD 150.19 1.21 0.81% |
The Total Risk Alpha technical lookup provides context for iShares Industrials ETF and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. IShares Industrials has a market cap of 582.37 M. Review
Risk vs Return Analysis for broader portfolio context. The allocation includes a position in iShares Industrials ETF 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 manufacturing.
iShares Industrials ETF has current Total Risk Alpha of 0.0882. 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] |
| = | 0.0882 | |
| ER[a] | = | Expected return on investing in IShares Industrials |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IShares Industrials |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IShares Industrials Total Risk Alpha Peers Comparison
IShares Total Risk Alpha Relative To Other Indicators
iShares Industrials ETF is rated
below average in the total risk alpha category versus ETFs. It is currently under evaluation in the maximum drawdown category versus ETFs showing
57.15 of Maximum Drawdown relative to Total Risk Alpha. For iShares Industrials ETF, Maximum Drawdown measures
57.15 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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