DOW has a standard deviation of returns of 0.55 and is 18.33 times more volatile than IE00BTFRDZ46 IR. 0%
of all equities and portfolios are less risky than IE00BTFRDZ46 IR. Compared to the overall equity markets, volatility of historical daily returns of IE00BTFRDZ46 IR is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use IE00BTFRDZ46 IR to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of IE00BTFRDZ46 IR to be traded at 98.98 in 30 days
. As returns on market increase, IE00BTFRDZ46 IR returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 IR will be expected to be smaller as well.
IE00BTFRDZ46 IR correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding IE00BTFRDZ46 IR and equity matching DJI index in the same portfolio.