This module allows you to analyze existing cross correlation between PowerShares QQQ ETF and iShares Core SP US Growth ETF. You can compare the effects of market volatilities on PowerShares QQQ and iShares Core 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 PowerShares QQQ with a short position of iShares Core. See also your portfolio center. Please also check ongoing floating volatility patterns of PowerShares QQQ and iShares Core.
|Time Horizon||30 Days Login to change|
PowerShares QQQ ETF vs. iShares Core SP US Growth ETF
Considering 30-days investment horizon, PowerShares QQQ ETF is expected to generate 1.03 times more return on investment than iShares Core. However, PowerShares QQQ is 1.03 times more volatile than iShares Core SP US Growth ETF. It trades about 0.31 of its potential returns per unit of risk. iShares Core SP US Growth ETF is currently generating about 0.18 per unit of risk. If you would invest 16,960 in PowerShares QQQ ETF on May 23, 2018 and sell it today you would earn a total of 682.00 from holding PowerShares QQQ ETF or generate 4.02% return on investment over 30 days.