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Mirae Asset Horizons China Biotech ETF

Tracking Difference / Tracking Error

Tracking Difference (TD)

* Tracking difference is the return difference between the Fund and the Underlying Index over a certain period of time.

Tracking Error (TE)

* Tracking error measures how consistently the Fund follows the Underlying Index. It is the volatility (measured by standard deviation) of that return difference.

Tracking Difference

{{ tdtedate }}

Fund Listing Date 25 Jul 2019

Estimated Annual TD: -2.00%
Actual TD: {{tdval}}

Tracking Error


Fund Listing Date 25 Jul 2019

Rolling 1 Year TE: [1] {{teval}}

Graph For Tracking Difference

* ETF's performance is calculated on an NAV to NAV basis and assumes reinvestment of distribution.

TE is measured by the standard deviation of the daily TD. The standard deviation is calculated based on the daily TD over the rolling one year period.

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