Asset Comparison and Correlation
|PIMCO Total Return Instl vs BLACKROCK MUNICIPAL INCOME INV|
Assuming 30 trading days horizon, PIMCO Total Return Instl is expected to generate about the same return on investment as BLACKROCK MUNICIPAL INCOME INVE.But, PIMCO Total Return Instl is 1.47 times less risky than BLACKROCK. It trades about -0.35 of its potential returns per unit of risk. BLACKROCK MUNICIPAL INCOME INVE is currently generating about -0.24 per unit of risk. If you would invest 1,664 in BLACKROCK MUNICIPAL INCOME INVE on April 25, 2013 and sell it today you would lose (28.00) from holding BLACKROCK MUNICIPAL INCOME INVE or give up 1.68% of portfolio value over 30 days.
Over the last 30 days PIMCO Total Return Instl has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for PIMCO
Over the last 30 days BLACKROCK MUNICIPAL INCOME INVE has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for BLACKROCK