Comparison of mutual fund ranking patterns: A case of U.S. technology sector funds
This paper presents a comparison of ranking between two different performance measures, Sharpe Ratio and Certainty Equivalent Returns, on U.S. tech sector funds. Firstly, we compared the ranking of funds based on the Sharpe Ratio family, i.e. the traditional Sharpe Ratio, Reward-to-VaR and Reward-to-ES. The strong correlation between the rankings is in line with the previous studies. Further, by c
