FlexShares Morningstar Kurtosis
| TLTE ETF | | | USD 78.04 1.92 2.52% |
Kurtosis is a measure of the return distribution. In a similar way to the concept of skewness, kurtosis is a descriptor of the shape of a return distribution. There are various interpretations of kurtosis, and of how particular measures should be interpreted; these are primarily peakedness (width of peak), tail weight, and lack of shoulders (distribution primarily peak and tails, not in between). Below is FlexShares Morningstar's current Kurtosis with peer comparisons and related risk metrics.
Current Kurtosis Value
At 0.7423, FlexShares Morningstar's Kurtosis indicates thin tails relative to a normal distribution. FlexShares Morningstar's returns cluster closer to the mean with fewer extreme moves than a normal distribution.
Kurtosis Peers Comparison
Among sector peers, FlexShares Morningstar's Kurtosis of 0.7423 is above the 0.66 group average. The range runs from 0.195 (Invesco SAMPP MidCap) to 1.04 (Davis Select International).
Kurtosis Relative To Other Indicators
The chart below plots Kurtosis against Maximum Drawdown for FlexShares Morningstar and its peers. Each point represents one equity — position along the horizontal axis shows Kurtosis 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 Kurtosis at
0.74 and Maximum Drawdown at
6.53 , FlexShares Morningstar shows a
8.80 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Kurtosis for FlexShares Morningstar.
Methodology, Assumptions & Data Sources
FlexShares Morningstar has a current Kurtosis reading of 0.7423. FlexShares Morningstar's Kurtosis is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. 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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