How closely correlated is the performance of SPDRs and MidCap SPDRs with the underlying indexes?
SPDR and MidCap SPDR performance can be expected to generally correspond to the performance of the underlying indexes. Because the SPDRs and MidCap SPDRs trust portfolios are comprised of the component stocks of the S&P 500 and S&P MidCap 400, respectively, they are expected to closely follow fluctuations in the indexes. However, there is no assurance that this level of correlation can be maintained or will continue.
Related Questions
- How does the performance of SPDRs and MidCap SPDRs compare with the performance of the S&P 500 and S&P MidCap 400 Indexes?
- How closely correlated is the performance of NASDAQ-100 Index Tracking Stock with the underlying Index?
- How can the performance of SPDRs and MidCap SPDRs diverge from the underlying indexes?
