Asset Comparison and Correlation

Assuming 30 trading days horizon, American Funds Washington Mutual 529E is expected to generate 0.95 times more return on investment than Eaton. However, American Funds Washington Mutual 529E is 1.06 times less risky than Eaton. It trades about 0.63 of its potential returns per unit of risk. Eaton Vance TxMgd Value A is currently generating about 0.56 per unit of risk. If you would invest  3,404  in American Funds Washington Mutual 529E on April 18, 2013 and sell it today you would earn a total of  220.00  from holding American Funds Washington Mutual 529E or generate 6.46% return on investment over 30 days.