This module allows you to analyze existing cross correlation between SPDR DoubleLine Shrt Term TR Tact ETF and Vanguard Short Term Bond ETF. You can compare the effects of market volatilities on SPDR DoubleLine and Vanguard Short 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 DoubleLine with a short position of Vanguard Short. See also your portfolio center. Please also check ongoing floating volatility patterns of SPDR DoubleLine and Vanguard Short.
|Time Horizon||30 Days Login to change|
SPDR DoubleLine Shrt Term TR T vs. Vanguard Short Term Bond ETF
Given the investment horizon of 30 days, SPDR DoubleLine is expected to generate 4.87 times less return on investment than Vanguard Short. In addition to that, SPDR DoubleLine is 1.14 times more volatile than Vanguard Short Term Bond ETF. It trades about 0.01 of its total potential returns per unit of risk. Vanguard Short Term Bond ETF is currently generating about 0.06 per unit of volatility. If you would invest 7,796 in Vanguard Short Term Bond ETF on May 20, 2018 and sell it today you would earn a total of 12.00 from holding Vanguard Short Term Bond ETF or generate 0.15% return on investment over 30 days.