PowerShares QQQ ETF has a volatility of 0.95 and is 1.67 times more volatile than DOW. 8%
of all equities and portfolios are less risky than PowerShares QQQ. Compared to the overall equity markets, volatility of historical daily returns of PowerShares QQQ ETF is lower than 8 (%)
of all global equities and portfolios over the last 30 days. Use PowerShares QQQ ETF to protect against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of PowerShares QQQ to be traded at $177.2 in 30 days
. As returns on market increase, PowerShares QQQ returns are expected to increase less than the market. However during bear market, the loss on holding PowerShares QQQ will be expected to be smaller as well.
PowerShares QQQ correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding PowerShares QQQ ETF and equity matching DJI index in the same portfolio.