First Trust Market Risk Adjusted Performance

XDEC Etf  USD 40.47  -0.09  -0.22%   
First Trust market risk adjusted performance lookup summarizes this and related technical indicators for First Trust Exchange Traded. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Use Your Current Watchlist to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This includes a position in First Trust Exchange Traded in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued.
First Trust Exchange Traded has current Market Risk Adjusted Performance of -0.05.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
-0.05
ER[a] = Expected return on investing in First Trust
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

First Trust Market Risk Adjusted Performance Peers Comparison

First Market Risk Adjusted Performance Relative To Other Indicators

First Trust Exchange Traded is rated below average for market risk adjusted performance among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs .
Compare First Trust to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas