WisdomTree High Total Risk Alpha
| WFHY Etf | | | USD 45.59 -0.12 -0.26% |
WisdomTree High total risk alpha lookup summarizes this and related technical indicators for WisdomTree High Yield. Availability can vary by instrument;
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WisdomTree High Yield has current Total Risk Alpha of
-0.03. 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] |
| = | -0.03 | |
| ER[a] | = | Expected return on investing in WisdomTree High |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on WisdomTree High |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
WisdomTree High Total Risk Alpha Peers Comparison
WisdomTree Total Risk Alpha Relative To Other Indicators
WisdomTree High Yield is rated
below average in total risk alpha compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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