TAX-MANAGED Total Risk Alpha

RTOUX Fund  USD 43.98  -0.66  -1.48%   
Technical inputs supporting the Total Risk Alpha indicator for Tax Managed Mid Small are shown here. Availability can differ across markets, exchanges, and instruments. Diversification context is available through Your Equity Center. Diversified allocation aims to distribute exposure across multiple positions. Tracking Tax Managed Mid Small in a portfolio helps measure its contribution to overall performance. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Tax Managed Mid Small's mutual fund valuation — related indicators include signals in manufacturing.
Tax Managed Mid Small has current Total Risk Alpha of 0.0911. 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]

 = 
0.0911
ER[a] = Expected return on investing in TAX-MANAGED
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on TAX-MANAGED
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

Tax Managed Mid Small is rated fourth in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 58.68 of Maximum Drawdown per Total Risk Alpha. At 58.68 , Tax Managed Mid Small's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare TAX-MANAGED to Peers

Other Technical Indicators