First Trust Standard Deviation
| FPA ETF | | | USD 54.36 2.00 3.82% |
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
First Trust's Standard Deviation of 2.17 reflects moderate price variability. This places First Trust within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 2.17 | |
Standard Deviation Peers Comparison
Relative to peers, First Trust's Standard Deviation is above the group average of 1.23. Peer readings range from 0.7287 (First Trust Dividend) to 2.17 (VanEck Brazil Small Cap), reflecting wide dispersion across the sector. First Trust has exhibited greater 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
9.19 runs about
4.23 times its Standard Deviation of
2.17 . This indicates Maximum Drawdown is significantly higher than Standard Deviation for First Trust.
Methodology, Assumptions & Data Sources
The current Standard Deviation for First Trust is 2.17. The Standard Deviation for First Trust applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. 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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