Evolve Fangma Index Etf Performance
| TECH Etf | CAD 20.84 0.05 0.24% |
The etf shows a Beta (market volatility) of 0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve FANGMA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve FANGMA is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Evolve FANGMA Index has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Evolve FANGMA is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Evolve |
Evolve FANGMA Relative Risk vs. Return Landscape
If you would invest 2,079 in Evolve FANGMA Index on September 28, 2025 and sell it today you would earn a total of 5.00 from holding Evolve FANGMA Index or generate 0.24% return on investment over 90 days. Evolve FANGMA Index is generating 0.0095% of daily returns and assumes 1.0789% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Evolve, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Evolve FANGMA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve FANGMA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve FANGMA Index, and traders can use it to determine the average amount a Evolve FANGMA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0088
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolve FANGMA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evolve FANGMA by adding Evolve FANGMA to a well-diversified portfolio.
Evolve FANGMA Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve FANGMA, and Evolve FANGMA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evolve Etf performance.
About Evolve FANGMA Performance
By examining Evolve FANGMA's fundamental ratios, stakeholders can obtain critical insights into Evolve FANGMA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evolve FANGMA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
TECH seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive FANGMA Equal Weight Index Canadian Dollar Hedged, or any successor thereto. EVOLVE FANGMA is traded on Toronto Stock Exchange in Canada.Other Information on Investing in Evolve Etf
Evolve FANGMA financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve FANGMA security.