Asset Comparison and Correlation

Assuming 30 trading days horizon, S&P 500 is expected to generate about the same return on investment as iShares Russell 1000 Value Index.But, S&P 500 is 1.04 times less risky than iShares. It trades about 0.39 of its potential returns per unit of risk. iShares Russell 1000 Value Index is currently generating about 0.37 per unit of risk. If you would invest  8,168  in iShares Russell 1000 Value Index on April 23, 2013 and sell it today you would earn a total of  394.00  from holding iShares Russell 1000 Value Index or generate 4.82% return on investment over 30 days.