Correlation analysis between SPDR and SP 500
|SPDR S&P 500 vs S&P 500|
Considering 30-days investment horizon, SPDR SP 500 is expected to generate 1.02 times more return on investment than SP 500. However, SPDR is 1.02 times more volatile than S&P 500. It trades about 0.4 of its potential returns per unit of risk. S&P 500 is currently generating about 0.33 per unit of risk. If you would invest 18,198 in SPDR SP 500 on February 10, 2014 and sell it today you would earn a total of 525 from holding SPDR SP 500 or generate 2.88% return on investment over 30 days.
Compared with the overall equity markets, risk-adjusted returns on investments in SPDR SP 500 are ranked lower than 21 (%) of all global equities and portfolios over the last 30 days.
Match-ups for SPDR
Match-ups for SP 500