DOW has a standard deviation of returns of 0.55 and is 1.02 times more volatile than Wellington Global HY Bond S EU. 4%
of all equities and portfolios are less risky than Wellington Global. Compared to the overall equity markets, volatility of historical daily returns of Wellington Global HY Bond S EU is lower than 4 (%)
of all global equities and portfolios over the last 30 days. Use Wellington Global HY Bond S EU to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Wellington Global to be traded at 12.96 in 30 days
. As returns on market increase, returns on owning Wellington Global are expected to decrease at a much smaller rate. During bear market, Wellington Global is likely to outperform the market.
Wellington Global correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Wellington Global HY Bond S EU and equity matching DJI index in the same portfolio.