Xtrackers Emerging Downside Variance
| EMCR ETF | | | USD 44.35 0.75 1.72% |
Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target. Below is Xtrackers Emerging's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The current Downside Variance of 3.27 places Xtrackers Emerging at moderate price variability. This places Xtrackers Emerging within the typical volatility range for ETF.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 3.27 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Relative to peers, Xtrackers Emerging's Downside Variance is above the group average of 1.78. Peer readings range from 0.3639 (Collaborative Investment Series) to 4.15 (Matthews International Funds), reflecting wide dispersion across the sector. Xtrackers Emerging has exhibited greater price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for Xtrackers Emerging and its peers. Each point represents one equity — position along the horizontal axis shows Downside Variance 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.
Xtrackers Emerging's Downside Variance reads
3.27 while Maximum Drawdown reads
7.58 , a
2.32 ratio between the two. This indicates Maximum Drawdown is significantly higher than Downside Variance for Xtrackers Emerging.
Methodology, Assumptions & Data Sources
Xtrackers Emerging has a current Downside Variance reading of 3.27. This Downside Variance reading for Xtrackers Emerging results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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