Performance, Returns & Volatility
MAC Solar Index - Correlations Table (as of 21-Sep-2009):
(Daily returns, last 5 years or since index inception) |
S U N I D X |
M S C I
W o r l d |
S & P
5 0 0 |
R u s s e l l
2 K |
P B W |
G W E |
N y m e x |
G E X |
| MAC Solar Energy (SUNIDX) |
1.00 |
|
| MSCI World |
0.74 |
1.00 |
|
| S&P 500 Index |
0.63 |
0.87 |
1.00 |
|
| Russell 2000 |
0.62 |
0.78 |
0.92 |
1.00 |
|
| WilderHill Clean Energy (PBW) |
0.82 |
0.77 |
0.80 |
0.82 |
1.00 |
|
| Wind Power Index (GWE) First Trust |
0.76 |
0.81 |
0.55 |
0.50 |
0.64 |
1.00 |
|
| Nymex Crude Oil |
0.32 |
0.34 |
0.23 |
0.19 |
0.29 |
0.37 |
1.00 |
|
| Van Eck Alt. Energy ETF (GEX) |
0.90 |
0.81 |
0.80 |
0.77 |
0.88 |
0.74 |
0.35 |
1.00 |
Note on backcast data: The inception date for the MAC Global Solar Energy Index was March 31, 2008, with a base of 1000.00. The data illustrated above includes back-cast simulated data for the period of March 31, 2005 through March 30, 2008. Live data then begins on March 31, 2008. The back-cast data uses the same methodology as the index uses going foward, i.e., with the same minimum investability criteria and solar revenue exposure requirements.
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