Invesco FTSE Total Risk Alpha

PXH Etf  USD 26.62  -0.19  -0.71%   
Invesco FTSE total risk alpha lookup summarizes this and related technical indicators for Invesco FTSE RAFI. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. Use Your Equity Center to better understand diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This includes a position in Invesco FTSE RAFI within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in median.
Invesco FTSE RAFI has current Total Risk Alpha of 0.1127. 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]

 = 
0.1127
ER[a] = Expected return on investing in Invesco FTSE
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Invesco FTSE
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Invesco FTSE Total Risk Alpha Peers Comparison

Invesco Total Risk Alpha Relative To Other Indicators

Invesco FTSE RAFI is rated below average for total risk alpha across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly 47.61 in Maximum Drawdown for every unit of Total Risk Alpha. Maximum Drawdown outpaces Total Risk Alpha by 47.61 times for Invesco FTSE RAFI
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Invesco FTSE to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas