IShares Dow Market Risk Adjusted Performance
| IYY ETF | | | USD 173.75 1.26 0.73% |
Market Risk-Adjusted Performance (MRAP) measures return relative to systematic risk (beta) rather than total risk (standard deviation). This isolates the return earned per unit of market exposure, filtering out idiosyncratic volatility that can be diversified away. Below is IShares Dow's current Market Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Market Risk Adjusted Performance Value
At 0.0736, IShares Dow exhibits positive but modest risk-adjusted return in Market Risk Adjusted Performance. IShares Dow has produced a positive return relative to risk, though the margin is limited.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.0736 | |
| ER[a] | = | Expected return on investing in IShares Dow |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
IShares Dow's Market Risk Adjusted Performance of 0.0736 falls above the 0.01 peer average. Values range from -0.1907 (iShares Healthcare ETF) to 0.0838 (iShares Russell Top), with wide dispersion across the group. IShares Dow's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Market Risk Adjusted Performance Relative To Other Indicators
The chart below plots Market Risk Adjusted Performance against Maximum Drawdown for IShares Dow and its peers. Each point represents one equity — position along the horizontal axis shows Market Risk Adjusted Performance 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 Dow's Maximum Drawdown of
3.83 runs about
51.98 times its Market Risk Adjusted Performance of
0.07 . This indicates Maximum Drawdown substantially exceeds Market Risk Adjusted Performance for IShares Dow.
Methodology, Assumptions & Data Sources
IShares Dow has a current Market Risk Adjusted Performance reading of 0.0736. The Market Risk Adjusted Performance for IShares Dow applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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