Invesco DWA Risk Adjusted Performance
| PXI ETF | | | USD 58.02 -0.04 -0.07% |
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 Invesco DWA's current Risk Adjusted Performance with peer comparisons and related risk metrics.
Current Risk Adjusted Performance Value
At 0.131, Invesco DWA exhibits positive but modest risk-adjusted return in Risk Adjusted Performance. Invesco DWA has produced a positive return relative to risk, though the margin is limited.
RAP | = | (ER[a] - RFR) * STD[b])/STD[b]RFR |
| = | 0.131 | |
Risk Adjusted Performance Peers Comparison
Invesco DWA's Risk Adjusted Performance of 0.131 falls above the 0.06 peer average. Values range from -0.064 (AdvisorShares Dorsey Wright) to 0.1444 (Matthews International Funds), with wide dispersion across the group. Invesco DWA'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 Invesco DWA 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.
At
0.13 for Risk Adjusted Performance and
8.00 for Maximum Drawdown, Invesco DWA's cross-indicator ratio sits almost
61.11 . This indicates Maximum Drawdown substantially exceeds Risk Adjusted Performance for Invesco DWA.
Methodology, Assumptions & Data Sources
Invesco DWA's Risk Adjusted Performance currently stands at 0.131. The Risk Adjusted Performance for Invesco DWA is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators