Use SPDR to enhance returns in the next few months from local market volatility. The etf experiences moderate upward volatility
1 Month Beta ..........
-0.17
As returns on market increase, returns on owning SPDR are expected to decrease at a much smaller rate. During bear market, SPDR is likely to outperform the market.
Robin Lee CFO, Principal Accounting Officer, Treasurer
Jason Toussaint Principal Executive Officer, Managing Director
SPDR Price and Market Media
The median price of SPDR for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 154.55 with a coefficient of variation of 2.57. The daily time series for the period is distributed with a sample standard deviation of 3.99, arithmetic mean of 155.2, and mean deviation of 3.37. The ETF received substential amount of media coverage during this period.
SPDR Gold Shares [GLD] is traded in USA and was established in November 17, 2004. The fund is classified under Commodities Precious Metals category within State Street Global Advisors family. This fund currently have 68.74 B in assets under management (AUM). SPDR Gold Shares is currenly generating return of 6.66%, while the total return for the last 3 years was 22.85%.
SPDR Gold Shares is one of the top ETFs in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Commodities Precious Metals category is currently estimated at about 90.93 Billion. SPDR totals roughly 68.74 Billion in net asset claiming about 76% of ETFs in Commodities Precious Metals category.
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