VanEck Global Total Risk Alpha

TRET Etf  EUR 38.46  -0.90  -2.29%   
Observed values used in the Total Risk Alpha indicator for VanEck Global Real are included in this dataset. The underlying data comes from exchange-reported trading records. Review World Market Map for context on portfolio diversification. Portfolio-level transparency adds depth to allocation analysis. A position in VanEck Global Real is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation.
VanEck Global Real has current Total Risk Alpha of 0.1627. 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]

 = 
0.1627
ER[a] = Expected return on investing in VanEck Global
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on VanEck Global
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

VanEck Global Real maintains a second standing in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 23.18 of Maximum Drawdown per Total Risk Alpha. For VanEck Global Real, Maximum Drawdown stands at 23.18 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare VanEck Global to Peers

Other Technical Indicators