This module allows you to analyze existing cross correlation between DOW and Hartford Total Return Bond ETF. You can compare the effects of market volatilities on DOW and Hartford Total and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in DOW with a short position of Hartford Total. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Hartford Total.
|Time Horizon||30 Days Login to change|
DOW vs. Hartford Total Return Bond ETF
Given the investment horizon of 30 days, DOW is expected to generate 6.59 times more return on investment than Hartford Total. However, DOW is 6.59 times more volatile than Hartford Total Return Bond ETF. It trades about 0.01 of its potential returns per unit of risk. Hartford Total Return Bond ETF is currently generating about -0.5 per unit of risk. If you would invest 2,501,329 in DOW on April 22, 2018 and sell it today you would lose (10,162) from holding DOW or give up 0.41% of portfolio value over 30 days.