# Risk overview - ex post
## since 01.06.2017, in %

## Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 9.65 | -1.33 | -18.90 | 2.58 | 1.95 | 3.53 |  | Portfolio volatility | 20.52 | 21.35 | 19.74 | 19.14 |
| Benchmark | 9.87 | 1.64 | -9.13 | 2.23 | 2.30 | 3.81 |  | Benchmark volatility | 19.80 | 24.57 | 21.85 | 21.11 |
| Relative net | -0.22 | -2.97 | -9.77 | 0.35 | -0.34 | -0.29 |  | Tracking error | 3.72 | 7.65 | 6.15 | 5.92 |

| Performance overview - yearly since 01.06.2017, in % | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 5.37 | -14.77 | 29.40 | -0.11 | 30.69 | -20.47 |
| Benchmark | 4.78 | -13.54 | 30.24 | -7.79 | 26.80 | -11.22 |
| Relative net | 0.59 | -1.23 | -0.84 | 7.68 | 3.89 | -9.26 |


## Asset breakdown
89.64

## By risk country in % of total economic exposure

## Asset breakdown (after currency hedging)
99.96

## By currency in % of total economic exposure

## Asset breakdown
13.34
28.13
12.06

## By GICS sector in % of total economic exposure

## Asset breakdown
27.28
20.70

## By market capitalization in % of total economic exposure
Italy	Cash
United Kingdom	Others
EUR USD
Financials	Energy
17.63
16.96
Utilities	Information T…
<5B	30B-50B
15.34
23.02
12.80
5B-10B	Others
Netherlands
Switzerland
Industrials
Consumer Dis…
Communication
Others
10B-20B
20B-30B

Translation (ENIT, 2022-10-31):
# Panoramica dei rischi - ex post
## dal 01.06.2017, in %

## Volatilità annualizzata, in %

## 1 mesi	3 mesi	1 anno	3 anni	5 anni Dal lancio	1 anno	3 anni	5 anni	Dal lancio
| Portafoglio Netto | 9.65 | -1.33 | -18.90 | 2.58 | 1.95 | 3.53 |  | Volatilità portafoglio | 20.52 | 21.35 | 19.74 | 19.14 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Benchmark | 9.87 | 1.64 | -9.13 | 2.23 | 2.30 | 3.81 |  | Volatilità benchmark | 19.80 | 24.57 | 21.85 | 21.11 |
| Relativa Netta | -0.22 | -2.97 | -9.77 | 0.35 | -0.34 | -0.29 |  | Tracking error | 3.72 | 7.65 | 6.15 | 5.92 |

| Andamento della Performance – annuale e cumulata dal lancio |  |
| --- | --- |
| dal 01.06.2017, in % |
|  | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Portafoglio Netto | 5.37 | -14.77 | 29.40 | -0.11 | 30.69 | -20.47 |
| Benchmark | 4.78 | -13.54 | 30.24 | -7.79 | 26.80 | -11.22 |
| Relativa Netta | 0.59 | -1.23 | -0.84 | 7.68 | 3.89 | -9.26 |


## Scomposizione patrimonio

## Per paese in % dell’esposizione economica totale

## Scomposizione patrimonio (dopo la copertura valutaria)
13.34
28.13
12.06
89.64
99.96
20.70

## Per divisa in % dell’esposizione economica totale

## Scomposizione patrimonio

## Per Settore GICS in % dell’esposizione economica totale

## Scomposizione patrimonio
27.28

## Per Capitalizzazione di mercato in % dell’esposizione economica totale
15.34
17.63
23.02
16.96
12.80
Italia	Liquidità
Finanziari
Energia
<5 mrd	30 mrd - 50 mrd
Regno Unito	Altri Paesi Bassi
EUR
USD
Utilities	Tecnologia inf…
Industriali	Comunicazione
5 mrd - 10 mrd	Altri
10 mrd - 20 mrd
Svizzera
Beni di consu…
Altri
20 mrd - 30 mrd