Asset Comparison and Correlation

Assuming 30 trading days horizon, Fidelity Fifty is expected to generate 1.45 times more return on investment than American. However, Fidelity is 1.45 times more volatile than American Funds Growth Fund of Amer R4. It trades about 0.42 of its potential returns per unit of risk. American Funds Growth Fund of Amer R4 is currently generating about 0.57 per unit of risk. If you would invest  2,244  in Fidelity Fifty on April 21, 2013 and sell it today you would earn a total of  136.00  from holding Fidelity Fifty or generate 6.06% return on investment over 30 days.