Asset Comparison and Correlation

Assuming 30 trading days horizon, BMO NASDAQ 100 Equity Hedged CAD Idx ETF is expected to generate 1.07 times more return on investment than iShares. However, BMO NASDAQ is 1.07 times more volatile than iShares US Fundamental C$Hdgd Comm. It trades about 0.81 of its potential returns per unit of risk. iShares US Fundamental C$Hdgd Comm is currently generating about 0.7 per unit of risk. If you would invest  2,145  in BMO NASDAQ 100 Equity Hedged CAD Idx ETF on April 18, 2013 and sell it today you would earn a total of  193.00  from holding BMO NASDAQ 100 Equity Hedged CAD Idx ETF or generate 9.0% return on investment over 30 days.