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.
|Time Horizon||30 Days Login to change|
DOW vs. SPDR Portfolio Interm Term Cor
Given the investment horizon of 30 days, DOW is expected to under-perform the SPDR Portfolio. In addition to that, DOW is 13.06 times more volatile than SPDR Portfolio Interm Term Corp Bd ETF. It trades about -0.04 of its total potential returns per unit of risk. SPDR Portfolio Interm Term Corp Bd ETF is currently generating about -0.22 per unit of volatility. If you would invest 3,361 in SPDR Portfolio Interm Term Corp Bd ETF on March 25, 2018 and sell it today you would lose (33.00) from holding SPDR Portfolio Interm Term Corp Bd ETF or give up 0.98% of portfolio value over 30 days.