Innovator Equity Semi Variance
| UAUG ETF | | | USD 41.41 -0.04 -0.1% |
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 Innovator Equity's current Semi Variance with peer comparisons and related risk metrics.
Current Semi Variance Value
At 0.1079, Innovator Equity's Semi Variance indicates low price variability. This places Innovator Equity at the lower end of the volatility range for ETF.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0.1079 | |
| 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
Innovator Equity's Semi Variance of 0.1079 falls below the 0.11 peer average. Values range from -0.1218 (Innovator Nasdaq 100 Power) to 0.2826 (Innovator SAMPP 500), with wide dispersion across the group. Innovator Equity has exhibited less 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 Innovator Equity 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.
Innovator Equity records a Semi Variance of
0.11 and a Maximum Drawdown of
1.84 , yielding roughly
17.04 units of Maximum Drawdown per Semi Variance. This indicates Maximum Drawdown substantially exceeds Semi Variance for Innovator Equity.
Methodology, Assumptions & Data Sources
Innovator Equity's Semi Variance currently stands at 0.1079. Innovator Equity's Semi Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. 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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