Correlation Analysis Between DOW and SPDR Portfolio

This module allows you to analyze existing cross correlation between DOW and SPDR Portfolio Interm Term Corp Bd ETF. You can compare the effects of market volatilities on DOW and SPDR Portfolio 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 SPDR Portfolio. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and SPDR Portfolio.
Horizon     30 Days    Login   to change

DOW  vs.  SPDR Portfolio Interm Term Cor

 Performance (%) 

Pair Volatility

If you would invest  3,301  in SPDR Portfolio Interm Term Corp Bd ETF on September 19, 2018 and sell it today you would earn a total of  0.00  from holding SPDR Portfolio Interm Term Corp Bd ETF or generate 0.0% return on investment over 30 days.

Pair Corralation between DOW and SPDR Portfolio

Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding DOW and SPDR Portfolio Interm Term Cor in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on SPDR Portfolio Interm and DOW is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on DOW are associated (or correlated) with SPDR Portfolio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of SPDR Portfolio Interm has no effect on the direction of DOW i.e. DOW and SPDR Portfolio go up and down completely randomly.

Comparative Volatility

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