Asset Comparison and Correlation

Assuming 30 trading days horizon, Templeton is expected to generate 1.35 times less return on investment than Fidelity. But when comparing it to its historical volatility, Templeton Developing Markets R is 1.08 times less risky than Fidelity. It trades about 0.41 of its potential returns per unit of risk. Fidelity International Small Cap is currently generating about 0.51 of returns per unit of risk over similar time horizon. If you would invest  2,286  in Fidelity International Small Cap on April 21, 2013 and sell it today you would earn a total of  120.00  from holding Fidelity International Small Cap or generate 5.25% return on investment over 30 days.