FMO (Fiduciary/Claymore Energy Infrastructure Fund) Beta: N/A (As of Jun. 25, 2026)

Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Fiduciary/Claymore Energy Infrastructure Fund Beta Related Terms

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fiduciary/Claymore Energy Infrastructure Fund Beta Chart

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21
Beta	Get a 7-Day Free Trial				1.31	2.98	2.37	-0.33	2.27

FMO vs DTF, IAE, CEN: Beta Comparison

For the Asset Management subindustry, Fiduciary/Claymore Energy Infrastructure Fund's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fiduciary/Claymore Energy Infrastructure Fund Beta vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiduciary/Claymore Energy Infrastructure Fund's Beta distribution charts can be found below:

* The bar in red indicates where Fiduciary/Claymore Energy Infrastructure Fund's Beta falls into.

Fiduciary/Claymore Energy Infrastructure Fund Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Fiduciary/Claymore Energy Infrastructure Fund Business Description