This module allows you to analyze existing cross correlation between DOW and USAA Core Intermediate Term Bond ETF. You can compare the effects of market volatilities on DOW and USAA Core 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 USAA Core. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and USAA Core.
|Time Horizon||30 Days Login to change|
DOW vs. USAA Core Intermediate Term Bo
Given the investment horizon of 30 days, DOW is expected to generate 2.39 times less return on investment than USAA Core. In addition to that, DOW is 6.4 times more volatile than USAA Core Intermediate Term Bond ETF. It trades about 0.01 of its total potential returns per unit of risk. USAA Core Intermediate Term Bond ETF is currently generating about 0.13 per unit of volatility. If you would invest 4,823 in USAA Core Intermediate Term Bond ETF on May 18, 2018 and sell it today you would earn a total of 28.00 from holding USAA Core Intermediate Term Bond ETF or generate 0.58% return on investment over 30 days.