Fidelity Sustainable Total Risk Alpha

FCSW Etf   48.84  0.35  0.72%   
Fidelity Sustainable total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Fidelity Sustainable World or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Fidelity Sustainable World has current Total Risk Alpha of 0.0498. 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]

 = 
0.0498
ER[a] = Expected return on investing in Fidelity Sustainable
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Fidelity Sustainable
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Fidelity Sustainable Total Risk Alpha Peers Comparison

Fidelity Total Risk Alpha Relative To Other Indicators

Fidelity Sustainable World is rated # 4 ETF in total risk alpha as compared to similar ETFs. It is rated below average in maximum drawdown as compared to similar ETFs reporting about  56.79  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Fidelity Sustainable World is roughly  56.79 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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