This module allows you to analyze existing cross correlation between PowerShares QQQ ETF and Vanguard Russell 1000 Growth ETF. You can compare the effects of market volatilities on PowerShares QQQ and Vanguard Russell 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 Vanguard Russell. See also your portfolio center. Please also check ongoing floating volatility patterns of PowerShares QQQ and Vanguard Russell.
|Time Horizon||30 Days Login to change|
PowerShares QQQ ETF vs. Vanguard Russell 1000 Growth E
Considering 30-days investment horizon, PowerShares QQQ ETF is expected to generate 1.06 times more return on investment than Vanguard Russell. However, PowerShares QQQ is 1.06 times more volatile than Vanguard Russell 1000 Growth ETF. It trades about 0.26 of its potential returns per unit of risk. Vanguard Russell 1000 Growth ETF is currently generating about 0.2 per unit of risk. If you would invest 16,955 in PowerShares QQQ ETF on May 24, 2018 and sell it today you would earn a total of 577.00 from holding PowerShares QQQ ETF or generate 3.4% return on investment over 30 days.