This stock model holds 10 stocks from the S&P 500 index and is 100% hedged by short-selling an equal amount of the S&P 500 ETF (SPY) on margin. This results in a market-neutral portfolio that may perform in both bull and bear markets. The long term correlation to the SPY ETF (S&P 500) benchmark is 0.09.
You can subscribe to the stock model "SP500 Market Neutral (100% Long 10 Stocks / 100% Short SPY)" for $65 per month, without paying any additional subscription cost to Portfolio123. For maximum benefit, please use the invitation code StockMarketStudent when signing up.
Go to => SP500 Market Neutral (100% Long 10 Stocks / 100% Short SPY) for further information