ETF Delta Calculator

ETF Delta Calculator

Analyze NAV Premium/Discount & Portfolio Performance

Analyzing ETF data...

ETF Overview

Ticker
Current Price
12-Month Return
Volatility
Expense Ratio

NAV Premium/Discount Analysis

Delta Analysis

Delta Value
Tracking Error

Benchmark Comparison

ETF Return
NASDAQ-100
29.27%
S&P 500
24.56%
Relative Performance

12-Month Price Performance

Top 10 Holdings Analysis

Ticker Company Name Weight Price Contribution

Understanding the Metrics

NAV Premium/Discount

The percentage difference between the ETF's market price and its Net Asset Value (NAV). A premium means the ETF trades above its NAV, while a discount means it trades below.

Healthy Range: ±0.5% Warning: >1.0% or <-1.0%

Delta Analysis

Measures the ETF's sensitivity to its underlying holdings. A delta of 1.0 indicates perfect tracking, while values above or below suggest amplified or dampened movements.

Optimal: 0.95-1.05 Caution: <0.90 or >1.10

Tracking Error

The standard deviation of the difference between ETF returns and benchmark returns. Lower tracking error indicates better replication of the underlying index.

Excellent: <0.5% Review: >1.0%