Asset Comparison and Correlation

Considering 30-days investment horizon, iShares is expected to generate 2.28 times less return on investment than PowerShares. But when comparing it to its historical volatility, iShares MSCI Hong Kong Index is 1.29 times less risky than PowerShares. It trades about 0.4 of its potential returns per unit of risk. PowerShares Golden Dragon China is currently generating about 0.71 of returns per unit of risk over similar time horizon. If you would invest  1,864  in PowerShares Golden Dragon China on April 19, 2013 and sell it today you would earn a total of  222.00  from holding PowerShares Golden Dragon China or generate 11.91% return on investment over 30 days.