Cardano Now Buys You the Least Amount of ProShares Trust - UltraPro Short S&P 500 ETF in the Past Year
By CryptocurrenciesChannel Staff, 10/1/2022
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 10/1/2022, Cardano ($ADA) can buy you the
least amount of ProShares Trust - UltraPro Short S&P 500 ETF shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of SPXU with the proceeds, you would only be able to buy 1.94 shares of SPXU. That's versus a high amount of 16.85 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 Short S&P 500 ETF shares, relative to the performance of Cardano; and here's how the two compare over the past year on a total return basis:
Check out our
Cardano historical price chart and
ProShares Trust - UltraPro Short S&P 500 ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the SPXU returns.
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