FT Cboe Total Risk Alpha
| XISE Etf | | | 30.07 0.01 0.03% |
The Total Risk Alpha lookup presents technical context for FT Cboe Vest and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Your Current Watchlist provides context for diversified portfolio design. Such insight adds context to allocation decisions within a diversified portfolio. The allocation includes a position in FT Cboe Vest within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
FT Cboe Vest has current Total Risk Alpha of 0.0046. 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] |
| = | 0.0046 | |
| ER[a] | = | Expected return on investing in FT Cboe |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on FT Cboe |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
FT Cboe Total Risk Alpha Peers Comparison
XISE Total Risk Alpha Relative To Other Indicators
FT Cboe Vest is evaluated as
fifth in Total Risk Alpha in total risk alpha as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about
166.33 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for FT Cboe Vest is roughly
166.33 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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