Vanguard Intermediate Total Risk Alpha

VCIT Etf  USD 82.15  -0.78  -0.94%   
The Total Risk Alpha indicator for Vanguard Intermediate Term Corporate is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings. For broader technical screening across instruments, see Equity Screeners. Review World Market Map for context on portfolio diversification. The diversification view provides additional analytical depth. A position in Vanguard Intermediate Term Corporate is indicated here. This is part of the broader portfolio composition. Position allocation is driven by the portfolio construction model. This summary reflects available observations without forecasting intent. 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.
Vanguard Intermediate Term Corporate has current Total Risk Alpha of 0.0093. 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]

 = 
0.0093
ER[a] = Expected return on investing in Vanguard Intermediate
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Vanguard Intermediate
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

Vanguard Intermediate Term Corporate is rated below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding 111.41 of Maximum Drawdown per Total Risk Alpha. For Vanguard Intermediate Term Corporate, Maximum Drawdown stands at 111.41 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Vanguard Intermediate to Peers

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