Asset Comparison and Correlation
|S&P 500 vs AllianceBern Equity Income B|
Assuming 30 trading days horizon, S&P 500 is expected to generate 1.06 times more return on investment than AllianceBern. However, SP 500 is 1.06 times more volatile than AllianceBern Equity Income B. It trades about 0.6 of its potential returns per unit of risk. AllianceBern Equity Income B is currently generating about 0.56 per unit of risk. If you would invest 156,250 in S&P 500 on April 19, 2013 and sell it today you would earn a total of 10,497 from holding S&P 500 or generate 6.72% return on investment over 30 days.
Match ups for SP 500
70% of all equities and portfolios perform better than AllianceBern Equity Income B. Compared with the overall equity markets, risk-adjusted returns on investments in AllianceBern Equity Income B are ranked lower than 30 (%) of all global equities and portfolios over the last 30 days.
Match ups for AllianceBern