Fidelity Disruptive Treynor Ratio
| FDTX ETF | | | 49.60 1.20 2.48% |
The Treynor Ratio measures excess return per unit of systematic risk (beta) rather than total risk. It is calculated as (Portfolio Return - Risk-Free Rate) / Beta, isolating how well the asset compensates investors for market exposure that cannot be diversified away. Below is Fidelity Disruptive's current Treynor Ratio with peer comparisons and related risk metrics.
Current Treynor Ratio Value
With Treynor Ratio at
-2.16, Fidelity Disruptive shows negative return per unit of systematic risk. Fidelity Disruptive has not been compensated for the market risk it carries — systematic exposure has produced negative returns over the measured period.
Treynor Ratio | = | ER[a] - RFRBETA |
| = | -2.16 | |
| ER[a] | = | Expected return on investing in Fidelity Disruptive |
| BETA | = | Beta coefficient between Fidelity Disruptive and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Treynor Ratio Peers Comparison
Relative to peers, Fidelity Disruptive's Treynor Ratio is below the group average of -0.45. Peer readings range from -3.9403 (Goldman Sachs Future) to 7.45 (Pacer Data and), reflecting tight clustering across the sector. Fidelity Disruptive has earned less return per unit of systematic risk than the peer average.
Treynor Ratio Relative To Other Indicators
The chart below plots Treynor Ratio against Maximum Drawdown for Fidelity Disruptive and its peers. Each point represents one equity — position along the horizontal axis shows Treynor Ratio 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.
Compare Fidelity Disruptive to PeersMethodology, Assumptions & Data Sources
The current Treynor Ratio for Fidelity Disruptive is -2.16. The Treynor Ratio for Fidelity Disruptive applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. 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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