DOW has a standard deviation of returns of 0.55 and is 1.08 times more volatile than SPDR SP Dividend ETF. 4%
of all equities and portfolios are less risky than SPDR SP. Compared to the overall equity markets, volatility of historical daily returns of SPDR SP Dividend ETF is lower than 4 (%)
of all global equities and portfolios over the last 30 days. Use SPDR SP Dividend ETF to protect against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of SPDR SP to be traded at $93.63 in 30 days
. As returns on market increase, SPDR SP returns are expected to increase less than the market. However during bear market, the loss on holding SPDR SP will be expected to be smaller as well.
SPDR SP correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding SPDR SP Dividend ETF and equity matching DJI index in the same portfolio.