ETRACS 2x Total Risk Alpha
| USML ETF | | | USD 39.91 -0.33 -0.82% |
This dataset for ETRACS 2x Leveraged reflects inputs used in the Total Risk Alpha calculation. Extended technical indicator views are accessible through
Equity Screeners. Diversification context is available through
World Market Map. Allocation context can improve visibility into portfolio balance. Portfolio analysis tools can evaluate how ETRACS 2x Leveraged fits within a broader allocation. Drawdown analysis shows how each position affects portfolio volatility. Broader economic conditions can influence ETRACS 2x Leveraged's ETF valuation — related indicators include
signals in inflation.
ETRACS 2x Leveraged has current Total Risk Alpha of 0.0171. 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] |
| = | 0.0171 | |
| ER[a] | = | Expected return on investing in ETRACS 2x |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on ETRACS 2x |
| 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
ETRACS 2x Leveraged is rated
below average for total risk alpha within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
325.18 per Total Risk Alpha. ETRACS 2x Leveraged's Maximum Drawdown registers at
325.18 relative to Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare ETRACS 2x to Peers
Other Technical Indicators