Buying Power of XRP vs. ProShares Trust - UltraPro Dow30 at New 52-Week Low
By CryptocurrenciesChannel Staff, 8/12/2022
Here at CryptocurrenciesChannel.com
, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 8/12/2022, XRP ($XRP) can buy you the least
amount of ProShares Trust - UltraPro Dow30 shares, in the past year. For example, if you had 100 XRP coins and wished to buy shares of UDOW with the proceeds, you would only be able to buy 0.61 share of UDOW. That's versus a high amount of 1.76 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of ProShares Trust - UltraPro Dow30 shares, relative to the performance of XRP; and here's how the two compare over the past year on a total return basis:
Check out our XRP historical price chart
and ProShares Trust - UltraPro Dow30 vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the UDOW returns.
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for more interesting stock market vs. digital asset comparisons!