T REX Information Ratio
| TSLT ETF | | | 21.79 1.59 7.87% |
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 T REX's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0307, T REX exhibits positive but modest excess return per unit of tracking risk in Information Ratio. T REX has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0307 | |
Information Ratio Peers Comparison
The peer group averages 0.07 for Information Ratio, with T REX at 0.0307 falling below that level. Readings span -0.0455 (T Rex 2X Inverse) to 0.2295 (Global X Data). T REX'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 T REX 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.
Comparing Information Ratio (
0.03 ) to Maximum Drawdown (
22.56 ) for T REX yields a
734.79 multiple. This indicates Maximum Drawdown substantially exceeds Information Ratio for T REX.
Methodology, Assumptions & Data Sources
T REX has a current Information Ratio reading of 0.0307. The Information Ratio for T REX is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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