# CFA Exam Formulas The Ultimate Formula Sheets for L1, L2, and L3

CFA exam formula sheets are excellent supplements to your CFA readings, question banks, and other study materials. As such, they should be kept readily available. We help you understand the utility of CFA formulas so that you can derive related formulas as needed instead of memorizing each one.

## Why Use UWorld's CFA Formula Sheets?

CFA exam formula sheets provide an overview of the CFA Program subject matter and provide candidates a feel for the CFA Levels 1, 2, and 3 formulas they'll need to know. Topic areas organize to help you learn the mathematical foundations tested on each exam faster than ever before. Please keep in mind: All UWorld CFA subscribers have access to the PDF versions of our full CFA formula sheets.

Our smart CFA flashcards "train your brain" by repeating tough topics at strategically timed intervals using spaced repetition.

### SimpleSheets

Our SimpleSheets contain the basic CFA formulas for all disciplines where formula-based questions are expected.

### Calculator Keystrokes

Calculation problems in the UWorld QBank provide keystroke sequences for CFA TI and HP calculators.

## CFA Level 1 Formula Sheet

The CFA Level 1 formula sheet download (PDF) from UWorld Finance includes a description of each equation used on the
CFA Level 1 exam, such as the Efficient Global Minimum Variance Portfolio and DuPont analysis. It's structured by subjects heavy on formulas, including Quantitative Methods, Economics, Corporate Issuers, Equity Investments, Derivative Investments, Portfolio Management, and Fixed Income. The CFA Level 1 formula sheet download (PDF) from UWorld Finance includes a description of each equation used on the
CFA Level 1 exam, such as the Efficient Global Minimum Variance Portfolio and DuPont analysis. It's structured by subjects heavy on formulas, including Quantitative Methods, Economics, Corporate Issuers, Equity Investments, Derivative Investments, Portfolio Management, and Fixed Income. The CFA Level 2 formula sheet PDF from UWorld Finance is as valuable as the Level 1 formula sheet. It provides an overview of all the main equations featured on the CFA Level 2 exam and is structured by the topics you'll need to study as you prepare. One of the CFA Level 2 formulas is the Sharpe ratio: (asset return - risk-free rate) / asset standard deviation. This metric manages risk across assets while assessing return on the same scale.

## CFA Level 2 Formula Sheet

The CFA Level 2 formula sheet PDF from UWorld Finance is as valuable as the Level 1 formula sheet. It provides an overview of all the main equations featured on the CFA Level 2 exam and is structured by the topics you'll need to study as you prepare. One of the CFA Level 2 formulas is the Sharpe ratio: (asset return - risk-free rate) / asset standard deviation. This metric manages risk across assets while assessing return on the same scale.

## CFA Level 3 Formula Sheet

The CFA Level 3 exam requires the most preparation and study time. UWorld's CFA Level 3 formula sheet PDF is one of the most helpful study resources available. It will assist you in understanding ideas and organizing information by providing an overview of all the necessary Level 3 formulas (categorized by topic area). The UWorld CFA Level 3 formula sheet will not be with you on exam day, but it's one of the most helpful study aids available as you prepare for the last phase of your CFA journey. The CFA Level 3 exam requires the most preparation and study time. UWorld's CFA Level 3 formula sheet PDF is one of the most helpful study resources available. It will assist you in understanding ideas and organizing information by providing an overview of all the necessary Level 3 formulas (categorized by topic area). The UWorld CFA Level 3 formula sheet will not be with you on exam day, but it's one of the most helpful study aids available as you prepare for the last phase of your CFA journey.