Schwab Large Semi Variance
| SCHG ETF | | | USD 34.12 0.23 0.68% |
Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level. Below is Schwab Large's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 1.08, Schwab Large exhibits moderate price variability in Semi Variance. This places Schwab Large within the typical volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 1.08 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Among sector peers, Schwab Large's Semi Variance of 1.08 is above the 0.82 group average. The range runs from 0.0149 (Vanguard Short Term Investment Grade) to 1.63 (Schwab International Equity). Schwab Large has exhibited greater price dispersion than the peer average over the measured period.
Semi Variance Relative To Other Indicators
The chart below plots Semi Variance against Maximum Drawdown for Schwab Large and its peers. Each point represents one equity — position along the horizontal axis shows Semi Variance 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.
Schwab Large records a Semi Variance of
1.08 and a Maximum Drawdown of
4.91 , yielding roughly
4.57 units of Maximum Drawdown per Semi Variance. This indicates Maximum Drawdown is significantly higher than Semi Variance for Schwab Large.
Methodology, Assumptions & Data Sources
Schwab Large's Semi Variance currently stands at 1.08. Semi Variance for Schwab Large is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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