|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 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 with a short position of SP 500. Please also check ongoing floating volatility patterns of SPDR 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 1.0 times more return on investment than SP 500. However, SPDR SP 500 ETF is 1.0 times less risky than SP 500. It trades about -0.15 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 21,082 in SPDR SP 500 ETF on July 30, 2015 and sell it today you would lose (1,154) from holding SPDR SP 500 ETF or give up 5.47% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density