DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than Principal Preferred Secs D USD. 0%
of all equities and portfolios are less risky than Principal Preferred. Compared to the overall equity markets, volatility of historical daily returns of Principal Preferred Secs D USD is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use Principal Preferred Secs D USD to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Principal Preferred to be traded at 11.42 in 30 days
. As returns on market increase, returns on owning Principal Preferred are expected to decrease at a much smaller rate. During bear market, Principal Preferred is likely to outperform the market.
Principal Preferred correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Principal Preferred Secs D USD and equity matching DJI index in the same portfolio.