|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between SPDR SP 500 ETF and S&P 500. You can compare the effects of market volatilities on SPDR SP and SP 500 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 SPDR SP with a short position of SP 500. Please also check ongoing floating volatility patterns of SPDR SP and SP 500.SPDR SP 500 ETF vs S&P 500
Considering 30-days investment horizon, SPDR SP 500 ETF is expected to generate 0.97 times more return on investment than SP 500. However, SPDR SP 500 ETF is 1.03 times less risky than SP 500. It trades about -0.11 of its potential returns per unit of risk. S&P 500 is currently generating about -0.11 per unit of risk. If you would invest 18,883 in SPDR SP 500 ETF on January 13, 2016 and sell it today you would lose (597.00) from holding SPDR SP 500 ETF or give up 3.16% of portfolio value over 30 days.
Historical Performance Chart
Pair trading matchups for SPDR SP
Pair trading matchups for SP 500