First Trust Standard Deviation
| FAB ETF | | | USD 97.08 0.00 0.00% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is First Trust's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
The current Standard Deviation of 0.7436 places First Trust at low price variability. This places First Trust at the lower end of the volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 0.7436 | |
Standard Deviation Peers Comparison
First Trust's Standard Deviation of 0.7436 falls below the 1.27 peer average. Values range from 0.7024 (WisdomTree Global High) to 1.72 (Invesco DWA Emerging), with moderate dispersion across the group. First Trust has exhibited less price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for First Trust and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation 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.
First Trust's Maximum Drawdown of
3.29 runs about
4.42 times its Standard Deviation of
0.74 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for First Trust.
Methodology, Assumptions & Data Sources
First Trust's Standard Deviation currently stands at 0.7436. First Trust's Standard Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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