Asset Comparison and Correlation
|S&P 500 vs BlackRock Municipal Income Inv|
Assuming 30 trading days horizon, S&P 500 is expected to generate 2.47 times more return on investment than BlackRock. However, SP 500 is 2.47 times more volatile than BlackRock Municipal Income Inve. It trades about -0.1 of its potential returns per unit of risk. BlackRock Municipal Income Inve is currently generating about -0.88 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 BlackRock Municipal Income Inve has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for BlackRock