Asset Comparison and Correlation
|S&P 500 vs AllianceBern Growth B|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.95 times more return on investment than AllianceBern. However, S&P 500 is 1.06 times less risky than AllianceBern. It trades about 0.56 of its potential returns per unit of risk. AllianceBern Growth B is currently generating about 0.47 per unit of risk. If you would invest 157,878 in S&P 500 on April 22, 2013 and sell it today you would earn a total of 9,038 from holding S&P 500 or generate 5.72% return on investment over 30 days.
Match ups for SP 500
75% of all equities and portfolios perform better than AllianceBern Growth B. Compared with the overall equity markets, risk-adjusted returns on investments in AllianceBern Growth B are ranked lower than 25 (%) of all global equities and portfolios over the last 30 days.
Match ups for AllianceBern