|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 S&P 500 ETF vs S&P 500
|Daily Returns (%)|
Considering 30-days investment horizon, SPDR SP 500 ETF is expected to generate 1.2 times more return on investment than SP 500. However, SPDR SP is 1.2 times more volatile than S&P 500. It trades about 0.14 of its potential returns per unit of risk. S&P 500 is currently generating about 0.15 per unit of risk. If you would invest 19,479 in SPDR SP 500 ETF on September 9, 2015 and sell it today you would earn a total of 637 from holding SPDR SP 500 ETF or generate 3.27% return on investment over 30 days.
Historical Performance Chart
Predicted Return Density