MicroSectors Gold Risk Adjusted Performance

GDXU Etf  USD 39.53  0.62  1.59%   
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MicroSectors Gold Miners has current Risk Adjusted Performance of 0.032.

RAP

 = 

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

RFR

 = 
0.032
ER[a] = Expected return on investing in MicroSectors Gold
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

MicroSectors Gold Risk Adjusted Performance Peers Comparison

MicroSectors Risk Adjusted Performance Relative To Other Indicators

MicroSectors Gold Miners is rated # 3 ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  739.07  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for MicroSectors Gold Miners is roughly  739.07 
Compare MicroSectors Gold to Peers

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