VGHY Total Risk Alpha
| VGHY Etf | | | 74.64 0.36 0.48% |
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VGHY has current Total Risk Alpha of
(0.05). 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] |
| = | (0.05) | |
| ER[a] | = | Expected return on investing in VGHY |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VGHY |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
VGHY Total Risk Alpha Peers Comparison
VGHY Total Risk Alpha Relative To Other Indicators
VGHY is rated
below average in total risk alpha as compared to similar ETFs. It is rated
below average in maximum drawdown as 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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