Asset Comparison and Correlation

Assuming 30 trading days horizon, S&P 500 is expected to generate 4.58 times more return on investment than American. However, SP 500 is 4.58 times more volatile than American Funds American Hi Inc Tr 529F1. It trades about 0.6 of its potential returns per unit of risk. American Funds American Hi Inc Tr 529F1 is currently generating about 0.5 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.