This module allows you to analyze existing cross correlation between iShares Short Maturity Bond ETF and SPDR Blmbg Barclays 1 3 Mth T Bill ETF. You can compare the effects of market volatilities on iShares Short and SPDR Blmbg 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 iShares Short with a short position of SPDR Blmbg. See also your portfolio center. Please also check ongoing floating volatility patterns of iShares Short and SPDR Blmbg.
|Time Horizon||30 Days Login to change|
iShares Short Maturity Bond ET vs. SPDR Blmbg Barclays 1 3 Mth T
Given the investment horizon of 30 days, iShares Short Maturity Bond ETF is expected to under-perform the SPDR Blmbg. In addition to that, iShares Short is 1.85 times more volatile than SPDR Blmbg Barclays 1 3 Mth T Bill ETF. It trades about -0.09 of its total potential returns per unit of risk. SPDR Blmbg Barclays 1 3 Mth T Bill ETF is currently generating about -0.05 per unit of volatility. If you would invest 9,156 in SPDR Blmbg Barclays 1 3 Mth T Bill ETF on May 25, 2018 and sell it today you would lose (3.00) from holding SPDR Blmbg Barclays 1 3 Mth T Bill ETF or give up 0.03% of portfolio value over 30 days.