FlexShares Quality Semi Deviation
| QLV ETF | | | USD 74.03 0.01 0.01% |
Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level. Below is FlexShares Quality's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
With Semi Deviation at 0.5653, FlexShares Quality shows low price variability. This places FlexShares Quality at the lower end of the volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 0.5653 | |
Semi Deviation Peers Comparison
Among sector peers, FlexShares Quality's Semi Deviation of 0.5653 is below the 1.02 group average. The range runs from 0.3278 (Innovator Equity Accelerated) to 2.09 (ProShares Ultra MidCap400). FlexShares Quality has exhibited less price dispersion than the peer average over the measured period.
Semi Deviation Relative To Other Indicators
The chart below plots Semi Deviation against Maximum Drawdown for FlexShares Quality and its peers. Each point represents one equity — position along the horizontal axis shows Semi Deviation 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.
FlexShares Quality produces
4.82 in Maximum Drawdown for each unit of Semi Deviation, with respective readings of
2.73 and
0.57 . This indicates Maximum Drawdown is significantly higher than Semi Deviation for FlexShares Quality.
Methodology, Assumptions & Data Sources
The current Semi Deviation for FlexShares Quality is 0.5653. This Semi Deviation reading for FlexShares Quality results from applying the indicator's calculation rules to price and volume data over the selected window. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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