Assuming 30 trading days horizon, SP 500 is expected to generate 8.33 times less return on investment than SPY Inc. But when comparing it to its historical volatility, S&P 500 is 5.69 times less risky than SPY Inc. It trades about 0.06 of its potential returns per unit of risk. SPY Inc is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 90.00 in SPY Inc on June 30, 2014 and sell it today you would earn a total of 4.00 from holding SPY Inc or generate 4.44% return on investment over 30 days.
Pair trading matchups for SP 500
Compared with the overall equity markets, risk-adjusted returns on investments in SPY Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days.
Pair trading matchups for SPY Inc