• 1 Year Returns: 36.82%
• 3 Year Returns: 44.20%
• 5 Year Returns: 28.30%

• Others | 99.92%
• Miscellaneous | 0.08%

• Mirae Asset NYSE FANG + ETF | 100.04%
• TREPS | 0.08%
• Mirae Asset NYSE FANG+ ETF-Regular Plan-Growth | N/A%
• Net Receivables / (Payables) | -0.12%

• Mutual Funds | 100.04%
• Cash & Equivalents | -0.04%

The alpha ratio for the Mirae Asset NYSE FANG+ETF FoF is 12.06

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Mirae Asset NYSE FANG+ETF FoF is 23.32

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Mirae Asset NYSE FANG+ETF FoF is 1.33

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Mirae Asset NYSE FANG+ETF FoF is 0.14

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.