Sentences with phrase «year tracking error»

I recently examined the last decade of returns for five funds that track the DEX Universe Bond Index, and in some years the tracking errors differed by more than 2 %.

Not exact matches

Since its launch in March 2012, the S&P GIVI Japan has outperformed its benchmark, the S&P Japan BMI, by 1.17 % per year, with a tracking error of 2.42 %.

But if you take a slightly longer term view and consider the fact that XSP has trailed IVV returns in US dollars every year for the past five years, you'll find that XSP's outperformance is significantly eroded by the tracking error even with a significant appreciation in the Canadian dollar.

The ETF's tracking error was high in both years: — 3.2 % in 2008, and — 1.5 % in 2009.

As a result, XCB's tracking error has averaged — 0.82 % over the last five years, despite an MER of 0.42 %.

On the ishares.ca site, they have a tracking error chart for XSP, which shows an annual error of less than 1 % for the past three years.

It has positive tracking errors over 1, 3 and 5 years and since inception!

If the large tracking errors exhibited over the past 3 years continues, I'm not sure if the costs of hedging would ever be worth it.

If I may ask, how were the tracking errors for XSP calcualted in the three years?

So..., if the CS$ might appreciate against the US$ over the next year or two (as occurred not too long ago), then XSP would do better in proportion to IVV (notwithstanding the MER and tracking error issues).

EEM had a positive tracking error of 3.62 % over the one year period to March 31, 2009; 0.66 % over 5 years and 0.73 % since inception.

For example, the U.S. version of the iShares MSCI Emerging Markets Index Fund (NYSE: EEM, recently launched in Canada as ticker XEM) has posted large tracking errors over the past three years, lagging its index by 4.8 % in 2007, besting it by 3.3 % in 2008, and trailing again by more than 9 % so far this year.

Over the last 10 years, the mutual fund's tracking error has amounted to a mere 0.09 % annually, and since its inception in 1999, the fund has returned 5.15 %, three basis points more than its benchmark index.

It has closely tracked the underlying index over the last three years with high correlation and low tracking error statistics compared to its peers.

From 1968 through 2017, the average rolling three - year pairwise tracking error was nearly 3 %.

These performance differences are reflected in surprisingly high levels of three - year pairwise tracking errors to each another.

In the most extreme scenario, in the three - year period ending January 2001, two of the strategies — operating profits to price and dividends - plus - buybacks to price — exhibited a tracking error of returns to one another of nearly 9 %.

The verdict on currency - hedging then (based on an admittedly short history of just 6 years) is clear: Long - term investors are highly unlikely to profit from hedging their currency exposure because currency effects have to overcome significantly large tracking errors simply to break even.

I'm thinking (and I want to see more data over time) that if you hold these ETFs for a long time then hopefully the tracking errors might balance out and you will end up with a return that reflects the index return minus the MER like XIC did over the 6 years it's been around.

This structure typically reduces the cost and tracking error * associated with replicating an index and increases tax efficiency • Tax efficient: HTH is not expected to make taxable distributions • Hedged exposure: Get Canadian currency - hedged ** exposure to the US 7 - 10 year treasury market • Higher compound growth: The reinvestment of index distributions are reflected in HTH's Net Asset Value («NAV»)

The goal is to beat respective benchmarks by 2 % per year, while keeping tracking error to 2 - 4 % at any given time, according to executives at State Street.

To simulate various actively - managed fund tracking errors over thirty years, Professor Sharpe ran a million simulations using Monte Carlo analysis techniques drawing from investment return data since the beginning of the 20th century.

With higher risk and higher tracking error (5 % / year), Dr. Sharpe's simulation indicated that higher cost actively managed funds could have a somewhat greater chance of beating low cost passive management.

-- the term of investment (in years)-- annual returns — Currency - hedged fund tracking error — Currency conversion cost — size of currency appreciation / depreciation over the investment term

There was an interesting article in today's WSJ about a recent report issued by Morgan Stanley on how the tracking error between exchange - traded funds and their prospective indexes increased last year:

Last year, 54 ETFs showed tracking errors of more than three percentage points, up from just four funds the prior year.

For example, if the fund returns 9.5 % in a given year and its underlying index returned 10 %, the tracking error is 0.5 %.

If you would like your modeling result to be taken seriously as a guide to future planning (I don't mean to presume to know your motives), then keep track of the squared prediction error, the sum of the squared prediction errors (CUSUM), and the square root of the mean prediction error (RMSE) over the next 20 years.

And we know that when people do eventually succeed in tracking down the climatologists methods — for example in the Hockey Stick — the work is basically a pile of crap, and patience and persistence that found the errors years after publication.

Marks said that 48 - hour track forecast errors today are the same as 24 - hour track forecast errors 10 years ago, whereas there has only been slight improvement in 48 - hour intensity forecasts during the past two decades.

The HFIP aims to cut the average errors of hurricane track and intensity forecasts by 20 percent within five years and by 50 percent by 2019, within a seven - day forecast period.

Looking back over more than 10 years, fossil free portfolios would have had a tracking error of less than 1 % (Compared with the average tracking error of active managers, 5 %)

According to NOAA, the specific goals of the HFIP are to reduce the average errors of both hurricane track and intensity forecasts by 20 % within five years and 50 % in 10 years, with a forecast period out to seven days.

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