Fidelity Disruptive Medicine ETF (FMED)

25.04 -0.19 (-0.77%) USD  |  NASDAQ  |  Dec 27, 16:00
25.04 0.00 (0.00%) After-Hours: 20:00
More

FMED Alpha (vs YCharts Benchmark) (3Y)

Alpha (vs YCharts Benchmark) (3Y) Chart

View Alpha (vs YCharts Benchmark) (3Y) for FMED.
Upgrade now.
Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00
View Alpha (vs YCharts Benchmark) (3Y) Chart
Start Trial

Historical Data

View Historical Data
Start Trial

Alpha Definition

View Alpha Definition
Start Trial

Alpha measures the excess return that a security provides. Alpha can be measured by taking Risk Adjusted Security Return - Beta*(Risk Adjusted Market Return). This formula will return the outperformance that the security provides. Alpha is an important metric for active investing, where investors look for outperforming a particular benchmark.

Read full definition.

Alpha (vs YCharts Benchmark) (3Y) Range, Past 5 Years

View Alpha (vs YCharts Benchmark) (3Y) Range, Past 5 Years
Start Trial
--
Minimum
--
Maximum
--
Average
--
Median

Alpha (vs YCharts Benchmark) (3Y) Benchmarks

View Alpha (vs YCharts Benchmark) (3Y) Benchmarks
Start Trial
Harbor Health Care ETF --
Franklin Genomic Advancements ETF Upgrade
Goldman Sachs Future Health Care Equity ETF Upgrade
Tema GLP-1, Obesity & Cardiometabolic ETF --
First Trust Nasdaq Lux Digi Health Solutions ETF --