FundX ETF Risk Adjusted Performance

XCOR Etf  USD 73.76  0.31  0.42%   
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FundX ETF has current Risk Adjusted Performance of 0.0839.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0839
ER[a] = Expected return on investing in FundX ETF
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

FundX ETF Risk Adjusted Performance Peers Comparison

FundX Risk Adjusted Performance Relative To Other Indicators

FundX ETF is rated second in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  66.08  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for FundX ETF is roughly  66.08 
Compare FundX ETF to Peers

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