Listed Funds Risk Adjusted Performance
| NOVZ ETF | | | USD 46.61 -0.04 -0.09% |
Risk-Adjusted Performance (RAP) measures the return an equity would have generated if it carried the same total risk (standard deviation) as the market. Derived from the Sharpe Ratio, RAP is expressed in percentage terms, making direct comparison across assets with different volatility profiles straightforward. Below is Listed Funds's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
A Risk Adjusted Performance of 0.1015 for Listed Funds signals positive but modest risk-adjusted return. Listed Funds has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.1015 | |
Risk Adjusted Performance Peers Comparison
Among sector peers, Listed Funds's Risk Adjusted Performance of 0.1015 is above the 0.06 group average. The range runs from -0.0585 (Innovator ETFs Trust) to 0.1026 (Listed Funds Trust). Listed Funds's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Risk Adjusted Performance Relative To Other Indicators
The chart below plots Risk Adjusted Performance against Maximum Drawdown for Listed Funds and its peers. Each point represents one equity — position along the horizontal axis shows 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.
Listed Funds's Maximum Drawdown of
2.48 runs about
24.43 times its Risk Adjusted Performance of
0.10 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Listed Funds.
Methodology, Assumptions & Data Sources
Listed Funds has a current Risk Adjusted Performance reading of 0.1015. Risk Adjusted Performance for Listed Funds is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators