Virtus LifeSci Semi Deviation

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USD 40.62  0.0471  0.00%

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Virtus LifeSci Biotech Products ETF has current Semi Deviation of 2.0. 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.
Virtus LifeSci 
Semi Deviation 
SQRT =   Square root notation
SV =   Virtus LifeSci semi variance of returns over selected period

Semi Deviation Comparison

Virtus LifeSci Biotech Products ETF is third largest ETF in semi deviation as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  4.62  of Maximum Drawdown per Semi Deviation. The ratio of Maximum Drawdown to Semi Deviation for Virtus LifeSci Biotech Products ETF is roughly  4.62 
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.
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