DOW has a standard deviation of returns of 1.23 and is 9.223372036854776E16 times more volatile than CFPA BE. 0%
of all equities and portfolios are less risky than CFPA BE. Compared to the overall equity markets, volatility of historical daily returns of CFPA BE is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use CFPA BE to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier. Check odds of CFPA BE to be traded at 5.73 in 30 days
. As returns on market increase, CFPA BE returns are expected to increase less than the market. However during bear market, the loss on holding CFPA BE will be expected to be smaller as well.
CFPA BE correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding CFPA BE and equity matching DJI index in the same portfolio.