The three classic indicators are Sharpe ratio, maximum drawdown and volatility!
The Sharpe ratio is used to evaluate the risk-adjusted return of a fund. The larger the value, the higher the cost-effectiveness;
The maximum drawdown indicates the amplitude of the fund's net value from the highest point to the lowest point within a certain period of time, which is used to evaluate the fund's risk tolerance;
Volatility measures the stability of the fund. It is usually compared within the same time frame. The smaller the volatility, the more stable the fund.