Global X Information Ratio
| QCLR ETF | | | USD 28.54 0.02 0.07% |
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 Global X's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
Global X carries a Information Ratio of 0.0163, consistent with positive but modest excess return per unit of tracking risk. Global X has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0163 | |
Information Ratio Peers Comparison
Global X's Information Ratio of 0.0163 falls below the 0.04 peer average. Values range from -0.1645 (KraneShares Trust) to 0.1706 (Global X NASDAQ), with wide dispersion across the group. Global X's risk-adjusted return trails the peer average, indicating less efficient compensation for the risk incurred.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for Global X 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.
Global X's Information Ratio reads
0.02 while Maximum Drawdown reads
2.73 , a
167.53 ratio between the two. This indicates Maximum Drawdown substantially exceeds Information Ratio for Global X.
Methodology, Assumptions & Data Sources
The current Information Ratio for Global X is 0.0163. The Information Ratio for Global X is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The output reflects the selected calculation window — changing the horizon will produce different readings. This ETF metric is provided for analytical reference.
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