WisdomTree Managed Jensen Alpha
| WTMF ETF | | | USD 41.15 0.30 0.73% |
Jensen Alpha measures the return attributable to active skill rather than passive market exposure. It is the residual return after subtracting the risk-free rate and the beta-adjusted market premium — the return the asset should have earned based solely on its systematic risk. Below is WisdomTree Managed's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
The Jensen Alpha of 0.0772 for WisdomTree Managed indicates positive alpha — return above what market exposure alone would predict. WisdomTree Managed has generated modest excess return beyond what its systematic risk exposure explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.0772 | |
| ER[a] | = | Expected return on investing in WisdomTree Managed |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between WisdomTree Managed and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Among sector peers, WisdomTree Managed's Jensen Alpha of 0.0772 is above the 0.03 group average. The range runs from -0.0835 (The RBB Fund) to 0.1402 (Elevation Series Trust). WisdomTree Managed has generated more excess return relative to its market exposure than the peer group average.
Jensen Alpha Relative To Other Indicators
The chart below plots Jensen Alpha against Maximum Drawdown for WisdomTree Managed and its peers. Each point represents one equity — position along the horizontal axis shows Jensen Alpha 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.
WisdomTree Managed records a Jensen Alpha of
0.08 and a Maximum Drawdown of
2.63 , yielding roughly
34.03 units of Maximum Drawdown per Jensen Alpha. This indicates Maximum Drawdown substantially exceeds Jensen Alpha for WisdomTree Managed.
Methodology, Assumptions & Data Sources
The current Jensen Alpha for WisdomTree Managed is 0.0772. WisdomTree Managed's Jensen Alpha 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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