Vanguard Mortgage Total Risk Alpha
| VMBS Etf | | | USD 46.58 -0.40 -0.85% |
The Total Risk Alpha indicator for Vanguard Mortgage Backed Securities is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. For portfolio construction context, review
World Market Map. Allocation decisions are shaped by the composition and weighting of holdings. A position in Vanguard Mortgage Backed Securities appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Vanguard Mortgage Backed Securities has current Total Risk Alpha of 0.0165. 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] |
| = | 0.0165 | |
| ER[a] | = | Expected return on investing in Vanguard Mortgage |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vanguard Mortgage |
| 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 Mortgage Backed Securities maintains a
fifth standing in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
88.91 of Maximum Drawdown per Total Risk Alpha. For Vanguard Mortgage Backed Securities, Maximum Drawdown stands at
88.91 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Vanguard Mortgage to Peers
Other Technical Indicators