VictoryShares Emerging Information Ratio
| UEVM ETF | | | USD 61.77 1.14 1.88% |
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 VictoryShares Emerging's current Information Ratio with peer comparisons and related risk metrics.
Current Information Ratio Value
At 0.0316, VictoryShares Emerging exhibits positive but modest excess return per unit of tracking risk in Information Ratio. VictoryShares Emerging has outperformed its benchmark, though the margin is limited relative to the tracking error incurred.
INFOR | = | ER[a] - ER[b]STD[a] |
| = | 0.0316 | |
Information Ratio Peers Comparison
The peer group averages 0.02 for Information Ratio, with VictoryShares Emerging at 0.0316 falling above that level. Readings span -0.0806 (Global X MSCI) to 0.2038 (Direxion Daily SAMPP). VictoryShares Emerging's risk-adjusted return exceeds the peer average, indicating more efficient compensation for risk taken.
Information Ratio Relative To Other Indicators
The chart below plots Information Ratio against Maximum Drawdown for VictoryShares Emerging 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.
VictoryShares Emerging shows nearly
176.20 of Maximum Drawdown per unit of Information Ratio (
0.03 versus
5.57 ). This indicates Maximum Drawdown substantially exceeds Information Ratio for VictoryShares Emerging.
Methodology, Assumptions & Data Sources
VictoryShares Emerging's Information Ratio currently stands at 0.0316. The Information Ratio for VictoryShares Emerging applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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