VanEck Morningstar Total Risk Alpha

MOAT Etf  USD 96.78  0.39  0.40%   
The Total Risk Alpha profile for VanEck Morningstar Wide is based on historical price and volume observations. The dataset is based on observed market activity where data is available. Portfolio design and allocation context appear in Correlation Analysis. Portfolio balance depends on how holdings are weighted relative to each other. VanEck Morningstar Wide can be tracked within a custom portfolio for ongoing monitoring. Portfolio construction methods define how positions are sized relative to each other. Broader economic conditions can influence VanEck Morningstar Wide's etf valuation — related indicators include signals in nation.
VanEck Morningstar Wide has current Total Risk Alpha of -0.05. 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]

 = 
-0.05
ER[a] = Expected return on investing in VanEck Morningstar
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VanEck Morningstar
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 Morningstar Wide is rated below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare VanEck Morningstar to Peers

Other Technical Indicators