This stock model holds 10 stocks from the Russell2000 index and is 100% hedged by short-selling the iShares Russell2000 ETF (IWM). The hedge ratio is 100% long stocks and 100% short IWM on margin. This results in a portfolio that is market-neutral. The long term correlation to the Russell2000 benchmark is 0.06.
You can subscribe to the stock model "Russell2000 Market Neutral II (100% Long 10 Stocks / 100% Short IWM)" for $80 per month, without paying any additional subscription cost to Portfolio123. For maximum benefit, please use the invitation code StockMarketStudent when signing up.
Go to => Russell2000 Market Neutral II (100% Long 10 Stocks / 100% Short IWM) for further information