This module allows you to analyze existing cross correlation between SPDR SP 500 ETF and Vanguard Dividend Appreciation ETF. You can compare the effects of market volatilities on SPDR SP and Vanguard Dividend 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 Vanguard Dividend. See also your portfolio center. Please also check ongoing floating volatility patterns of SPDR SP and Vanguard Dividend.
|Time Horizon||30 Days Login to change|
SPDR SP 500 ETF vs. Vanguard Dividend Appreciation
Considering 30-days investment horizon, SPDR SP 500 ETF is expected to generate 0.95 times more return on investment than Vanguard Dividend. However, SPDR SP 500 ETF is 1.05 times less risky than Vanguard Dividend. It trades about 0.06 of its potential returns per unit of risk. Vanguard Dividend Appreciation ETF is currently generating about 0.05 per unit of risk. If you would invest 27,280 in SPDR SP 500 ETF on May 24, 2018 and sell it today you would earn a total of 194.00 from holding SPDR SP 500 ETF or generate 0.71% return on investment over 30 days.