Asset Comparison and Correlation

Assuming 30 trading days horizon, Fidelity is expected to generate 4.0 times less return on investment than AllianceBern. But when comparing it to its historical volatility, Fidelity International Small Cap is 1.11 times less risky than AllianceBern. It trades about 0.04 of its potential returns per unit of risk. AllianceBern Intl Val Adv is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest  1,260  in AllianceBern Intl Val Adv on April 24, 2013 and sell it today you would earn a total of  23.00  from holding AllianceBern Intl Val Adv or generate 1.83% return on investment over 30 days.