VanEck Vectors Semi Deviation

VanEck Vectors Biotech ETF -- USA Etf  

USD 128.77  0.55  0.43%

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VanEck Vectors Biotech ETF has current Semi Deviation of 0.3635. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
VanEck Vectors 
Semi Deviation 
=  
SQRT(SV) 
 = 
0.3635
SQRT =   Square root notation
SV =   VanEck Vectors semi variance of returns over selected period

Semi Deviation Comparison

VanEck Vectors Biotech ETF is rated below average in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  10.21  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for VanEck Vectors Biotech ETF is roughly  10.21 
Semideviation is the square root of semi variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare VanEck Vectors to competition
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Biotech 25 Index. more
NameVanEck Vectors Biotech ETF
Macroaxis Advice
InstrumentUSA Etf ETF Directory
RegionGlobal
Investment IssuerVan Eck
ExchangeNASDAQ General Markets
CurrencyUSD - US Dollar
IssuerVan Eck
DescriptionVanEck Vectors Biotech ETF
Inception Date2011-12-20
BenchmarkMV US Listed Biotech 25 NR USD
Entity TypeRegulated Investment Company
Asset Under Management611.49 Million
Average Trading Valume54,196
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionGlobal
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianThe Bank of New York Mellon Corporation
DistributorVan Eck Securities Corporation
Portfolio ManagerHao-Hung (Peter) Liao, George Cao
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year EndSeptember 30
ExchangeThe NASDAQ Stock Market LLC
Number of Constituents26.0
Market MakerVirtu Financial
Total Expense0.4
Management Fee0.35