SPDR Barclays Information Ratio
| SPIB ETF | | | USD 33.45 -0.08 -0.24% |
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 SPDR Barclays's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
The Information Ratio of
-0.02 for SPDR Barclays indicates slight underperformance relative to the benchmark on a risk-adjusted basis. The negative value indicates SPDR Barclays has not kept pace with its benchmark after accounting for tracking error.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | -0.02 | |
Information Ratio Peers Comparison
The peer group averages 0.01 for Information Ratio, with SPDR Barclays at -0.0222 falling below that level. Readings span -0.0114 (SPDR Portfolio Intermediate) to 0.0442 (iShares MSCI EAFE). SPDR Barclays'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 SPDR Barclays 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.
Compare SPDR Barclays to PeersMethodology, Assumptions & Data Sources
SPDR Barclays' Information Ratio currently stands at -0.02. This Information Ratio reading for SPDR Barclays results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. 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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