| QDTE Etf | | | 42.94 0.10 0.23% |
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Roundhill ETF Trust has current Total Risk Alpha of 0.0684. 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] |
| = | 0.0684 | |
| ER[a] | = | Expected return on investing in Roundhill ETF |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Roundhill ETF |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Roundhill ETF Total Risk Alpha Peers Comparison
Roundhill Total Risk Alpha Relative To Other Indicators
Roundhill ETF Trust is presently regarded as number one ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
72.38 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Roundhill ETF Trust is roughly
72.38 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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