Themes Transatlantic Defense ETF (NATO)

26.47 +0.06 (+0.23%) USD  |  NASDAQ  |  Nov 22, 16:00
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NATO Alpha (vs YCharts Benchmark) (Since Inception)

Alpha (vs YCharts Benchmark) (Since Inception) Chart

View Alpha (vs YCharts Benchmark) (Since Inception) for NATO.
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Sep '18
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Historical Alpha (vs YCharts Benchmark) (Since Inception) Data

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Alpha Definition

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.

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Alpha (vs YCharts Benchmark) (Since Inception) Range, Past 5 Years

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Alpha (vs YCharts Benchmark) (Since Inception) Benchmarks

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Alpha (vs YCharts Benchmark) (Since Inception) Related Metrics

Max Drawdown (Since Inception) Upgrade