DOW has a standard deviation of returns of 0.55 and is 1.06 times more volatile than 1361. 4%
of all equities and portfolios are less risky than 1361. Compared to the overall equity markets, volatility of historical daily returns of 1361 is lower than 4 (%)
of all global equities and portfolios over the last 30 days. Use 1361 to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of 1361 to be traded at $97.46 in 30 days
. As returns on market increase, returns on owning 1361 are expected to decrease at a much smaller rate. During bear market, 1361 is likely to outperform the market.
1361 correlation with market
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1361 and equity matching DJI index in the same portfolio.