Asset Comparison and Correlation
|S&P 500 vs Nationwide Destination 2010 In|
Assuming 30 trading days horizon, S&P 500 is expected to generate 2.15 times more return on investment than Nationwide. However, SP 500 is 2.15 times more volatile than Nationwide Destination 2010 Instl Svc. It trades about -0.1 of its potential returns per unit of risk. Nationwide Destination 2010 Instl Svc is currently generating about -0.31 per unit of risk. If you would invest 166,916 in S&P 500 on May 19, 2013 and sell it today you would lose (3,012) from holding S&P 500 or give up 1.8% of portfolio value over 30 days.
Match-ups for SP 500
Over the last 30 days Nationwide Destination 2010 Instl Svc has generated negative risk-adjusted returns adding no value to investors with long positions.