IShares Core Semi Variance
| IEMG ETF | | | USD 78.17 1.60 2.09% |
Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level. Below is IShares Core's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
IShares Core's Semi Variance of 2.97 reflects moderate price variability. This places IShares Core within the typical volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 2.97 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Relative to peers, IShares Core's Semi Variance is above the group average of 1.09. Peer readings range from 0.409 (Vanguard Wellington Fund) to 1.64 (iShares Core MSCI), reflecting wide dispersion across the sector. IShares Core has exhibited greater price dispersion than the peer average over the measured period.
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for IShares Core and its peers. Each point represents one equity — position along the horizontal axis shows Semi 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.
IShares Core records a Semi Variance of
2.97 and a Maximum Drawdown of
7.34 , yielding roughly
2.47 units of Maximum Drawdown per Semi Variance. This indicates Maximum Drawdown is significantly higher than Semi Variance for IShares Core.
Methodology, Assumptions & Data Sources
IShares Core's Semi Variance currently stands at 2.97. IShares Core's Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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