VanEck LongFlat Total Risk Alpha

LFEQ Etf  USD 52.17  0.62  1.20%   
The Total Risk Alpha indicator for VanEck LongFlat Trend is derived from observed market data. Broader indicator relationships are reflected within Equity Screeners. Review Correlation Analysis to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Monitoring VanEck LongFlat Trend within a portfolio highlights how it interacts with other holdings. This information is provided for contextual purposes. Broader economic conditions can influence VanEck LongFlat Trend's etf valuation — related indicators include signals in median.
VanEck LongFlat Trend has current Total Risk Alpha of 0.0137. 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]

 = 
0.0137
ER[a] = Expected return on investing in VanEck LongFlat
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VanEck LongFlat
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

VanEck LongFlat Trend is rated below average for total risk alpha among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly 291.98 against Total Risk Alpha. Maximum Drawdown runs about 291.98 times Total Risk Alpha for VanEck LongFlat Trend
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare VanEck LongFlat to Peers

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