RBC ULTRA-SHORT Total Risk Alpha

RULFX Fund  USD 10.03  -0.01  -0.1%   
The Total Risk Alpha indicator for RBC ULTRA-SHORT is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. For portfolio construction context, review Your Equity Center. Clearer exposure analysis supports long-term portfolio balance. Allocation decisions are shaped by the composition and weighting of holdings. All values are based on available data and provided as reference information. This includes a position in RBC Ultra Short Fixed. The position sits inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.
RBC Ultra Short Fixed has current Total Risk Alpha of 0.0091. 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]

 = 
0.0091
ER[a] = Expected return on investing in RBC ULTRA-SHORT
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on RBC ULTRA-SHORT
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

RBC Ultra Short Fixed is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 54.90 of Maximum Drawdown per Total Risk Alpha. At 54.90 , RBC Ultra Short Fixed'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 RBC ULTRA-SHORT to Peers

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