Tracking error

**(**€ thousands)

One Year Ago

Current

Sector

Market Value

Duration

Dollar Duration

Market Value

Duration

Dollar Duration

Treasuries

42,000

5.4

2,268

40,950

5

2,048

MBS

37,000

3.9

1,443

36,316

3.7

1,344

Corporate “bullets”

71,000

4.7

3,337

69,403

4.5

3,123

150,000

7,048

146,669

6,515

Based on the above table the sector that has the most tracking error relative to the benchmark is?

just compare it- you will get it.

How do you compare the tracking error relative to the benchmark?