IShares Semiconductor Total Risk Alpha
| SOXX Etf | | | USD 336.37 12.86 3.98% |
IShares Semiconductor total risk alpha lookup summarizes this and related technical indicators for iShares Semiconductor ETF. Coverage varies by data normalization and availability; see
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iShares Semiconductor ETF has current Total Risk Alpha of 0.1705. 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] |
| = | 0.1705 | |
| ER[a] | = | Expected return on investing in IShares Semiconductor |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on IShares Semiconductor |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IShares Semiconductor Total Risk Alpha Peers Comparison
IShares Total Risk Alpha Relative To Other Indicators
iShares Semiconductor ETF is evaluated as
second in Total Risk Alpha in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
60.12 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for iShares Semiconductor ETF is roughly
60.12 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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