This module allows you to analyze existing cross correlation between Guggenheim Multi-Factor Large Cap and Vanguard Total Stock Market ETF. You can compare the effects of market volatilities on Guggenheim Multi-Factor and Vanguard Total and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Guggenheim Multi-Factor with a short position of Vanguard Total. See also your portfolio center. Please also check ongoing floating volatility patterns of Guggenheim Multi-Factor and Vanguard Total.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Guggenheim Multi-Factor Large Cap is expected to generate 1.8 times more return on investment than Vanguard Total. However, Guggenheim Multi-Factor is 1.8 times more volatile than Vanguard Total Stock Market ETF. It trades about 0.42 of its potential returns per unit of risk. Vanguard Total Stock Market ETF is currently generating about 0.34 per unit of risk. If you would invest 2,691 in Guggenheim Multi-Factor Large Cap on December 18, 2017 and sell it today you would earn a total of 117.89 from holding Guggenheim Multi-Factor Large Cap or generate 4.38% return on investment over 30 days.