PGIM ETF Risk Adjusted Performance

PMIO Etf   51.38  0.18  0.35%   
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PGIM ETF Trust has current Risk Adjusted Performance of 0.0584.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0584
ER[a] = Expected return on investing in PGIM ETF
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

PGIM ETF Risk Adjusted Performance Peers Comparison

PGIM Risk Adjusted Performance Relative To Other Indicators

PGIM ETF Trust is rated number one ETF in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  20.89  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for PGIM ETF Trust is roughly  20.89 
Compare PGIM ETF to Peers

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