SPDR Portfolio Total Risk Alpha

SPIP Etf  USD 26.33  0.05  0.19%   
The Total Risk Alpha technical lookup provides context for SPDR Portfolio TIPS and related instruments. Coverage varies by data normalization and availability; see Equity Screeners for broader screening context. World Market Map provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in SPDR Portfolio TIPS 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 gross domestic product.
SPDR Portfolio TIPS has current Total Risk Alpha of 0.007. 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]

 = 
0.007
ER[a] = Expected return on investing in SPDR Portfolio
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on SPDR Portfolio
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

SPDR Portfolio Total Risk Alpha Peers Comparison

SPDR Total Risk Alpha Relative To Other Indicators

SPDR Portfolio TIPS 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 93.59 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for SPDR Portfolio TIPS is roughly 93.59
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare SPDR Portfolio to Peers

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