Vanguard Russell Total Risk Alpha
| VONV Etf | | | USD 94.36 -1.17 -1.22% |
Observed values used to calculate the Total Risk Alpha technical indicator for Vanguard Russell 1000. Coverage may vary across instruments due to feed availability.
Vanguard Russell 1000 has current Total Risk Alpha of 0.0791. 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] |
| = | 0.0791 | |
| ER[a] | = | Expected return on investing in Vanguard Russell |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Vanguard Russell |
| 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 Russell 1000 falls in the
third position for total risk alpha relative to ETF peers. It is currently under evaluation for maximum drawdown relative to ETF peers reflecting a
38.87 ratio of Maximum Drawdown to Total Risk Alpha. Vanguard Russell 1000's Maximum Drawdown exceeds Total Risk Alpha by a factor of
38.87 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Vanguard Russell to Peers
Other Technical Indicators