FT Vest Total Risk Alpha
| JULM Etf | | | 33.57 -0.03 -0.09% |
The Total Risk Alpha indicator for FT Vest Equity is derived from observed market data. The calculation draws on time-series market data across available periods. Review
Risk vs Return Analysis to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. FT Vest Equity can be evaluated within a portfolio framework for weight and risk impact. The information is presented without directional commentary. Broader economic conditions can influence FT Vest Equity's etf valuation — related indicators include
signals in board of governors.
FT Vest Equity has current Total Risk Alpha of 0.0071. 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] |
| = | 0.0071 | |
| ER[a] | = | Expected return on investing in FT Vest |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FT Vest |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
FT Vest Equity is rated
below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
100.54 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for FT Vest Equity sits at
100.54 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare FT Vest to Peers
Other Technical Indicators