This module allows you to analyze existing cross correlation between DOW and PIMCO 1 5 Year US TIPS ETF. You can compare the effects of market volatilities on DOW and PIMCO 1 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 PIMCO 1. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and PIMCO 1.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to under-perform the PIMCO 1. In addition to that, DOW is 7.19 times more volatile than PIMCO 1 5 Year US TIPS ETF. It trades about -0.02 of its total potential returns per unit of risk. PIMCO 1 5 Year US TIPS ETF is currently generating about 0.16 per unit of volatility. If you would invest 5,167 in PIMCO 1 5 Year US TIPS ETF on February 21, 2018 and sell it today you would earn a total of 25.00 from holding PIMCO 1 5 Year US TIPS ETF or generate 0.48% return on investment over 30 days.