Asset Comparison and Correlation
|Vanguard REIT Index ETF vs S&P 500|
Considering 30-days investment horizon, Vanguard REIT Index ETF is expected to under-perform the SP 500. In addition to that, Vanguard is 1.49 times more volatile than S&P 500. It trades about -0.35 of its total potential returns per unit of risk. S&P 500 is currently generating about -0.05 per unit of volatility. If you would invest 166,916 in S&P 500 on May 20, 2013 and sell it today you would lose (1,735) from holding S&P 500 or give up 1.04% of portfolio value over 30 days.
Over the last 30 days Vanguard REIT Index ETF has generated negative risk-adjusted returns adding no value to investors with long positions.
Match-ups for Vanguard
Match-ups for SP 500