DBX ETF Downside Variance
| SNPD ETF | | | 28.58 0.14 0.49% |
Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target. Below is DBX ETF's current Downside Variance with peer comparisons and related risk metrics.
Current Downside Variance Value
The Downside Variance of 0.5631 for DBX ETF indicates low price variability. This places DBX ETF at the lower end of the volatility range for ETF.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.5631 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
DBX ETF falls below the 1.75 peer average for Downside Variance. ProShares Metaverse ETF leads at 3.78 while iShares ESG Aware registers the lowest at 0.2942. DBX ETF has exhibited less price dispersion than the peer average over the measured period.
Downside Variance Relative To Other Indicators
The chart below plots Downside Variance against Maximum Drawdown for DBX ETF and its peers. Each point represents one equity — position along the horizontal axis shows Downside 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.
With Downside Variance at
0.56 and Maximum Drawdown at
3.58 , DBX ETF shows a
6.35 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Downside Variance for DBX ETF.
Methodology, Assumptions & Data Sources
DBX ETF has a current Downside Variance reading of 0.5631. The Downside Variance for DBX ETF is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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