This module allows you to analyze existing cross correlation between DOW and iPath US Treasury Steepener ETN. You can compare the effects of market volatilities on DOW and iPath US 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 iPath US. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and iPath US.
|Time Horizon||30 Days Login to change|
DOW vs. iPath US Treasury Steepener ET
Given the investment horizon of 30 days, DOW is expected to generate 0.94 times more return on investment than iPath US. However, DOW is 1.06 times less risky than iPath US. It trades about -0.02 of its potential returns per unit of risk. iPath US Treasury Steepener ETN is currently generating about -0.1 per unit of risk. If you would invest 2,479,778 in DOW on March 23, 2018 and sell it today you would lose (53,679) from holding DOW or give up 2.16% of portfolio value over 30 days.