|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between SPDR SP 500 ETF Trust 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 Trust vs S&P 500
Considering 30-days investment horizon, SPDR SP is expected to generate 1.03 times less return on investment than SP 500. But when comparing it to its historical volatility, SPDR SP 500 ETF Trust is 1.02 times less risky than SP 500. It trades about 0.55 of its potential returns per unit of risk. S&P 500 is currently generating about 0.55 of returns per unit of risk over similar time horizon. If you would invest 200,054 in S&P 500 on June 25, 2016 and sell it today you would earn a total of 16,295 from holding S&P 500 or generate 8.15% return on investment over 30 days.