MegaShort Semiconductors Risk Adjusted Performance

SOXD Etf   10.47  0.04  0.38%   
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MegaShort Semiconductors Daily has current Risk Adjusted Performance of (0.17).

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
(0.17)
ER[a] = Expected return on investing in MegaShort Semiconductors
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

MegaShort Semiconductors Risk Adjusted Performance Peers Comparison

MegaShort Risk Adjusted Performance Relative To Other Indicators

MegaShort Semiconductors Daily is rated below average in risk adjusted performance as compared to similar ETFs. It is rated second largest ETF in maximum drawdown as compared to similar ETFs .
Compare MegaShort Semiconductors to Peers

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