T ROWE Information Ratio
| PEXMX Fund | | | USD 38.39 -0.57 -1.46% |
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 T ROWE's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
The Information Ratio of 0.068 for T ROWE indicates positive but modest excess return per unit of tracking risk. T ROWE has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.068 | |
Information Ratio Peers Comparison
The peer group averages 0.05 for Information Ratio, with T ROWE at 0.068 falling above that level. Readings span -0.0232 (Precious Metals And) to 0.0858 (Prudential Qma Stock). T ROWE's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for T Rowe 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.
T ROWE's Maximum Drawdown of
5.76 runs about
84.71 times its Information Ratio of
0.07 . This indicates Maximum Drawdown substantially exceeds Information Ratio for T ROWE.
Methodology, Assumptions & Data Sources
The current Information Ratio for T ROWE is 0.068. T ROWE's Information Ratio is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. T ROWE operates in the mid cap blend funds sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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