Virtus Global Total Risk Alpha

VGSCX Fund  USD 32.37  0.15  0.47%   
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Virtus Global Real has current Total Risk Alpha of 0.0304. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0304
ER[a] = Expected return on investing in Virtus Global
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Virtus Global
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Virtus Global Total Risk Alpha Peers Comparison

0.03340.03040.0262-0.00290.0981100%

Virtus Total Risk Alpha Relative To Other Indicators

Virtus Global Real is rated third in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  150.37  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Virtus Global Real is roughly  150.37 
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The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Virtus Global to Peers

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