iPath SP GSCI Crude Oil TR ETN has a volatility of 215.26 and is 364.85 times more volatile than DOW. 96%
of all equities and portfolios are less risky than iPath SP. Compared to the overall equity markets, volatility of historical daily returns of iPath SP GSCI Crude Oil TR ETN is higher than 96 (%)
of all global equities and portfolios over the last 30 days. Use iPath SP GSCI Crude Oil TR ETN to protect against small markets fluctuations. The ipath goldman sachs crude oil total return index etn experiences normal downward trend and little activity. Check odds of iPath SP to be traded at $1677.43 in 30 days
. As returns on market increase, returns on owning iPath SP are expected to decrease by larger amounts. On the other hand, during market turmoil, iPath SP is expected to significantly outperform it.
iPath SP correlation with market
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding iPath SP GSCI Crude Oil TR ETN and equity matching DJI index in the same portfolio.