Comparative Statistics for ProIndex & S&P 500 Index Statistics ProIndex ProIndex Excess S&P 500 S&P 500 Excess Average Daily Returns 0.13% 0.06% Annualized Daily Returns 32.54% 30.5% 16.24% 14.2% Daily Standard Deviation 1.91% 1.23% Annualized Standard Deviation 30.31% 19.46% Correlation 0.651 Covariance 0.000 Beta 1.014 CAPM R-Squared 0.424 Sharpe Ratio 1.008 32 Treynor Measure 0.301 0. 142 Jensen's Alpha 0.161 Daily Tracking Error 0.014 Annualized Tracking Error 0.230 Information Ratio 0.710 Market Timing Ability 0.040