SPDR SAMPP Variance
| XPH ETF | | | USD 58.88 -0.86 -1.44% |
Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean. Below is SPDR SAMPP's current Variance with peer comparisons and related risk metrics.
Current Variance Value
The Variance of 2.43 for SPDR SAMPP indicates moderate price variability. This places SPDR SAMPP within the typical volatility range for ETF.
Variance | = | SUM(RET DEV)2N |
| = | 2.43 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Relative to peers, SPDR SAMPP's Variance is above the group average of 2.21. Peer readings range from 0.3606 (TBG Dividend Focus) to 5.24 (SPDR SAMPP Transportation), reflecting wide dispersion across the sector. SPDR SAMPP has exhibited greater price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for SPDR SAMPP and its peers. Each point represents one equity — position along the horizontal axis shows 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.
At
2.43 for Variance and
7.25 for Maximum Drawdown, SPDR SAMPP's cross-indicator ratio sits almost
2.98 . This indicates Maximum Drawdown is significantly higher than Variance for SPDR SAMPP.
Methodology, Assumptions & Data Sources
SPDR SAMPP has a current Variance reading of 2.43. The Variance for SPDR SAMPP is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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