Pair Correlation Between FTSE 100 and Russell 2000

This module allows you to analyze existing cross correlation between FTSE 100 and Russell 2000 . You can compare the effects of market volatilities on FTSE 100 and Russell 2000 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 FTSE 100 with a short position of Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of FTSE 100 and Russell 2000.
Investment Horizon     30 Days    Login   to change
 FTSE 100  vs   Russell 2000
 Performance (%) 

Pair Volatility

If you would invest  150,042  in Russell 2000 on October 24, 2017 and sell it today you would earn a total of  1,634  from holding Russell 2000 or generate 1.09% return on investment over 30 days.

Correlation Coefficient

Pair Corralation between FTSE 100 and Russell 2000


Time Period1 Month [change]
ValuesDaily Returns


Very good diversification

Overlapping area represents the amount of risk that can be diversified away by holding FTSE 100 and Russell 2000 in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Russell 2000 and FTSE 100 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 FTSE 100 are associated (or correlated) with Russell 2000. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Russell 2000 has no effect on the direction of FTSE 100 i.e. FTSE 100 and Russell 2000 go up and down completely randomly.

Comparative Volatility

 Predicted Return Density