Asset Comparison and Correlation
|S&P 500 vs iShares Dow Jones U.S. Index|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.06 times less return on investment than iShares. In addition to that, SP 500 is 1.04 times more volatile than iShares Dow Jones US Index. It trades about 0.6 of its total potential returns per unit of risk. iShares Dow Jones US Index is currently generating about 0.66 per unit of volatility. If you would invest 7,859 in iShares Dow Jones US Index on April 19, 2013 and sell it today you would earn a total of 554 from holding iShares Dow Jones US Index or generate 7.05% return on investment over 30 days.
Match ups for SP 500
65% of all equities and portfolios perform better than iShares Dow Jones US Index. Compared with the overall equity markets, risk-adjusted returns on investments in iShares Dow Jones US Index are ranked lower than 35 (%) of all global equities and portfolios over the last 30 days.
Match ups for iShares