Mackenzie International Total Risk Alpha
| QDXH Etf | | | 156.99 1.06 0.68% |
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Mackenzie International Equity has current Total Risk Alpha of 0.0343. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0343 | |
| ER[a] | = | Expected return on investing in Mackenzie International |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Mackenzie International |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Mackenzie International Total Risk Alpha Peers Comparison
Mackenzie Total Risk Alpha Relative To Other Indicators
Mackenzie International Equity is rated
third largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about
139.75 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Mackenzie International Equity is roughly
139.75 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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