This module allows you to analyze existing cross correlation between SPDR SP 500 ETF and iShares Russell 1000 ETF. You can compare the effects of market volatilities on SPDR SP and iShares Russell 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 iShares Russell. See also your portfolio center. Please also check ongoing floating volatility patterns of SPDR SP and iShares Russell.
|Time Horizon||30 Days Login to change|
SPDR SP 500 ETF vs. iShares Russell 1000 ETF
Considering 30-days investment horizon, SPDR SP is expected to generate 1.53 times less return on investment than iShares Russell. In addition to that, SPDR SP is 1.02 times more volatile than iShares Russell 1000 ETF. It trades about 0.08 of its total potential returns per unit of risk. iShares Russell 1000 ETF is currently generating about 0.13 per unit of volatility. If you would invest 15,175 in iShares Russell 1000 ETF on May 25, 2018 and sell it today you would earn a total of 224.00 from holding iShares Russell 1000 ETF or generate 1.48% return on investment over 30 days.