Amplify Digital Information Ratio
| IPAY ETF | | | USD 46.60 -0.39 -0.83% |
The Information Ratio measures excess return (alpha) per unit of tracking error relative to a benchmark. Unlike the Sharpe Ratio, which uses total volatility, the Information Ratio isolates only the variability of the alpha component — the return attributable to active decisions rather than passive market exposure. Below is Amplify Digital's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0041, Amplify Digital exhibits positive but modest excess return per unit of tracking risk in Information Ratio. Amplify Digital has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0041 | |
Information Ratio Peers Comparison
The peer group averages 0.05 for Information Ratio, with Amplify Digital at 0.0041 falling below that level. Readings span -0.0341 (Global X MSCI) to 0.1104 (Invesco KBW Premium). Amplify Digital's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Amplify Digital and its peers. Each point represents one equity — position along the horizontal axis shows Information 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.
Amplify Digital's Maximum Drawdown of
7.97 runs about
1,943 times its Information Ratio of
0.00 . This indicates Maximum Drawdown substantially exceeds Information Ratio for Amplify Digital.
Methodology, Assumptions & Data Sources
Amplify Digital has a current Information Ratio reading of 0.0041. The Information Ratio for Amplify Digital is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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