Tcw Etf Trust Etf Performance
| IGCB Etf | 45.88 0.27 0.59% |
The entity has a beta of -0.015, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TCW ETF are expected to decrease at a much lower rate. During the bear market, TCW ETF is likely to outperform the market.
Risk-Adjusted Performance
23 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TCW ETF Trust are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent fundamental indicators, TCW ETF may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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TCW ETF Relative Risk vs. Return Landscape
If you would invest 4,531 in TCW ETF Trust on September 1, 2024 and sell it today you would earn a total of 57.00 from holding TCW ETF Trust or generate 1.26% return on investment over 90 days. TCW ETF Trust is currently generating 0.1259% in daily expected returns and assumes 0.4227% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than TCW, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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TCW ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCW ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TCW ETF Trust, and traders can use it to determine the average amount a TCW ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2979
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Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average TCW ETF is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TCW ETF by adding it to a well-diversified portfolio.