|Horizon||30 Days Login to change|
DOW vs. ProShares UltraShort Utilities
Given the investment horizon of 30 days, DOW is expected to under-perform the ProShares UltraShort. But the index apears to be less risky and, when comparing its historical volatility, DOW is 1.87 times less risky than ProShares UltraShort. The index trades about -0.05 of its potential returns per unit of risk. The ProShares UltraShort Utilities is currently generating about 0.01 of returns per unit of risk over similar time horizon. If you would invest 2,257 in ProShares UltraShort Utilities on September 17, 2018 and sell it today you would earn a total of 2.50 from holding ProShares UltraShort Utilities or generate 0.11% return on investment over 30 days.
Pair Corralation between DOW and ProShares UltraShort