First Trust Bloomberg R&D Leaders ETF (RND)

24.63 0.00 (0.00%) USD  |  NYSEARCA  |  Nov 13, 16:00
More

RND Alpha (5Y)

Alpha (5Y) Chart

View Alpha (5Y) for RND.
Upgrade now.
Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Alpha (5Y) Data

View and export this data back to . Upgrade now.
Date Value

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.

Read full definition.

Alpha (5Y) Range, Past 5 Years

--
Minimum
--
Maximum
--
Average
--
Median

Alpha (5Y) Benchmarks

Invesco S&P 500 Minimum Variance ETF Upgrade
First Trust Lunt US Factor Rotation ETF Upgrade
JPMorgan Carbon Transition US Eq ETF --
VanEck Morningstar ESG Moat ETF --
Pacer Metarus Nasdaq 100 Div Mltpl600ETF --