Asset Comparison and Correlation
|S&P 500 vs Nasdaq|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.3 times less return on investment than Nasdaq. But when comparing it to its historical volatility, S&P 500 is 1.07 times less risky than Nasdaq. It trades about 0.35 of its potential returns per unit of risk. Nasdaq is currently generating about 0.43 of returns per unit of risk over similar time horizon. If you would invest 328,999 in Nasdaq on April 24, 2013 and sell it today you would earn a total of 16,943 from holding Nasdaq or generate 5.15% return on investment over 30 days.
Match ups for SP 500
Match ups for Nasdaq