Global X Total Risk Alpha

FLOW Etf  USD 31.63  0.19  0.60%   
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Global X Funds has current Total Risk Alpha of 0.0028. 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]

 = 
0.0028
ER[a] = Expected return on investing in Global X
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Global X
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Global X Total Risk Alpha Peers Comparison

Global Total Risk Alpha Relative To Other Indicators

Global X Funds is one of the top ETFs in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  1,049  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Global X Funds is roughly  1,049 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Global X to Peers

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