Invesco Alerian Galaxy Crypto Economy ETF (SATO)

TotalReturn:

'The total return on a portfolio of investments takes into account not only the capital appreciation on the portfolio, but also the income received on the portfolio. The income typically consists of interest, dividends, and securities lending fees. This contrasts with the price return, which takes into account only the capital gain on an investment.'

• Compared with the benchmark SPY (67.1%) in the period of the last 5 years, the total return, or increase in value of % of Invesco Alerian Galaxy Crypto Economy ETF is smaller, thus worse.
• During the last 3 years, the total return, or performance is %, which is lower, thus worse than the value of 61.5% from the benchmark.

CAGR:

'The compound annual growth rate isn't a true return rate, but rather a representational figure. It is essentially a number that describes the rate at which an investment would have grown if it had grown the same rate every year and the profits were reinvested at the end of each year. In reality, this sort of performance is unlikely. However, CAGR can be used to smooth returns so that they may be more easily understood when compared to alternative investments.'

• The annual return (CAGR) over 5 years of Invesco Alerian Galaxy Crypto Economy ETF is %, which is lower, thus worse compared to the benchmark SPY (10.8%) in the same period.
• Compared with SPY (17.3%) in the period of the last 3 years, the annual return (CAGR) of % is lower, thus worse.

Volatility:

'Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security. In the securities markets, volatility is often associated with big swings in either direction. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a 'volatile' market.'

• Looking at the volatility of % in the last 5 years of Invesco Alerian Galaxy Crypto Economy ETF, we see it is relatively smaller, thus better in comparison to the benchmark SPY (21.4%)
• Compared with SPY (20%) in the period of the last 3 years, the volatility of % is smaller, thus better.

DownVol:

'The downside volatility is similar to the volatility, or standard deviation, but only takes losing/negative periods into account.'

• Looking at the downside deviation of % in the last 5 years of Invesco Alerian Galaxy Crypto Economy ETF, we see it is relatively smaller, thus better in comparison to the benchmark SPY (15.4%)
• Compared with SPY (13.9%) in the period of the last 3 years, the downside risk of % is lower, thus better.

Sharpe:

'The Sharpe ratio is the measure of risk-adjusted return of a financial portfolio. Sharpe ratio is a measure of excess portfolio return over the risk-free rate relative to its standard deviation. Normally, the 90-day Treasury bill rate is taken as the proxy for risk-free rate. A portfolio with a higher Sharpe ratio is considered superior relative to its peers. The measure was named after William F Sharpe, a Nobel laureate and professor of finance, emeritus at Stanford University.'

• Looking at the Sharpe Ratio of in the last 5 years of Invesco Alerian Galaxy Crypto Economy ETF, we see it is relatively smaller, thus worse in comparison to the benchmark SPY (0.39)
• Compared with SPY (0.74) in the period of the last 3 years, the ratio of return and volatility (Sharpe) of is lower, thus worse.

Sortino:

'The Sortino ratio improves upon the Sharpe ratio by isolating downside volatility from total volatility by dividing excess return by the downside deviation. The Sortino ratio is a variation of the Sharpe ratio that differentiates harmful volatility from total overall volatility by using the asset's standard deviation of negative asset returns, called downside deviation. The Sortino ratio takes the asset's return and subtracts the risk-free rate, and then divides that amount by the asset's downside deviation. The ratio was named after Frank A. Sortino.'

• Compared with the benchmark SPY (0.54) in the period of the last 5 years, the downside risk / excess return profile of of Invesco Alerian Galaxy Crypto Economy ETF is lower, thus worse.
• Compared with SPY (1.06) in the period of the last 3 years, the excess return divided by the downside deviation of is lower, thus worse.

Ulcer:

'The Ulcer Index is a technical indicator that measures downside risk, in terms of both the depth and duration of price declines. The index increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over a 14-day period, with the Ulcer Index showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the Ulcer Index, the longer it takes for a stock to get back to the former high.'

• Compared with the benchmark SPY (9.21 ) in the period of the last 5 years, the Ulcer Index of of Invesco Alerian Galaxy Crypto Economy ETF is lower, thus better.
• Looking at Downside risk index in of in the period of the last 3 years, we see it is relatively lower, thus better in comparison to SPY (9.87 ).

MaxDD:

'A maximum drawdown is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum Drawdown is an indicator of downside risk over a specified time period. It can be used both as a stand-alone measure or as an input into other metrics such as 'Return over Maximum Drawdown' and the Calmar Ratio. Maximum Drawdown is expressed in percentage terms.'

• The maximum drop from peak to valley over 5 years of Invesco Alerian Galaxy Crypto Economy ETF is days, which is lower, thus worse compared to the benchmark SPY (-33.7 days) in the same period.
• Looking at maximum reduction from previous high in of days in the period of the last 3 years, we see it is relatively lower, thus worse in comparison to SPY (-24.5 days).

MaxDuration:

'The Drawdown Duration is the length of any peak to peak period, or the time between new equity highs. The Max Drawdown Duration is the worst (the maximum/longest) amount of time an investment has seen between peaks (equity highs). Many assume Max DD Duration is the length of time between new highs during which the Max DD (magnitude) occurred. But that isn’t always the case. The Max DD duration is the longest time between peaks, period. So it could be the time when the program also had its biggest peak to valley loss (and usually is, because the program needs a long time to recover from the largest loss), but it doesn’t have to be'

• Looking at the maximum time in days below previous high water mark of days in the last 5 years of Invesco Alerian Galaxy Crypto Economy ETF, we see it is relatively lower, thus better in comparison to the benchmark SPY (311 days)
• Compared with SPY (311 days) in the period of the last 3 years, the maximum time in days below previous high water mark of days is smaller, thus better.

AveDuration:

'The Drawdown Duration is the length of any peak to peak period, or the time between new equity highs. The Avg Drawdown Duration is the average amount of time an investment has seen between peaks (equity highs), or in other terms the average of time under water of all drawdowns. So in contrast to the Maximum duration it does not measure only one drawdown event but calculates the average of all.'

• The average days under water over 5 years of Invesco Alerian Galaxy Crypto Economy ETF is days, which is lower, thus better compared to the benchmark SPY (66 days) in the same period.
• Looking at average time in days below previous high water mark in of days in the period of the last 3 years, we see it is relatively smaller, thus better in comparison to SPY (82 days).