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Using Sharpe Ratios to Assess NightShares ETFs

Analyzing funds’ Sharpe ratios can be a useful tool in assessing whether investors are being rewarded for taking on additional risk. NightShares launched three ETFs in 2022 that offer exposure to the overnight session, which has historically outperformed the daytime trading session on a risk-adjusted basis, evidenced by a higher Sharpe ratio. This market anomaly [...] The post Using Sharpe Ratios to Assess NightShares ETFs appeared first on ETF Trends .
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