Breakwave Dry Maximum Drawdown
| BDRY ETF | | | USD 12.65 0.54 4.46% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is Breakwave Dry's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Breakwave Dry's Maximum Drawdown of 12.02 reflects a moderate peak-to-trough loss. This places Breakwave Dry's drawdown exposure within the typical range for ETF.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 12.02 | |
| MAX | = | Maximum notation for the range of returns on Breakwave Dry |
Maximum Drawdown Peers Comparison
Relative to peers, Breakwave Dry's Maximum Drawdown is above the group average of 5.71. Peer readings range from 3.46 (Federated Hermes MDT) to 7.32 (SPDR MSCI Emerging), reflecting moderate dispersion across the sector. Breakwave Dry's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Breakwave Dry and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Breakwave Dry's Maximum Drawdown of
12.02 runs about
1.00 times its Maximum Drawdown of
12.02 . The two measures are closely aligned in magnitude for Breakwave Dry.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for Breakwave Dry is 12.02. The Maximum Drawdown for Breakwave Dry is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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