ETF Series Coefficient Of Variation
| MSTB ETF | | | USD 42.66 0.59 1.40% |
Coefficient of Variation (CV) is a normalized measure of dispersion that relates volatility to expected return, making it a useful indicator of risk per unit of return. It is also referred to as relative standard deviation when expressed as a percentage. Below is ETF Series's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
The Coefficient Of Variation of 626.77 for ETF Series indicates high dispersion relative to expected return — volatility substantially exceeds the return signal. The magnitude of this value is unusually large in absolute terms, suggesting an unstable or weak relationship between risk and return, often driven by low or near-zero expected returns.
Coefficient Of Variation | = | STDER |
| = | 626.77 | |
Coefficient Of Variation Peers Comparison
Relative to peers, ETF Series's Coefficient Of Variation is above the group average of 441.23. Peer readings range from -2457.5052 (Soundwatch Hedged Equity) to 1314.69 (AB Low Volatility), reflecting wide dispersion across the sector. Relative to peers, ETF Series's risk-return efficiency is above the group average.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for ETF Series and its peers. Each point represents one equity — position along the horizontal axis shows Coefficient Of Variation 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.
ETF Series's Maximum Drawdown of
2.80 runs about
0.0045 times its Coefficient Of Variation of
626.77 . This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for ETF Series. At
223.68 , ETF Series Solutions's Coefficient Of Variation-to-Maximum Drawdown multiple reflects the spread between these metrics
Methodology, Assumptions & Data Sources
ETF Series has a current Coefficient Of Variation reading of 626.77. The Coefficient Of Variation for ETF Series is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. 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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