Comparing Cardano Versus Ishares Floating Rate Bond Etf Reveals New High
By CryptocurrenciesChannel Staff, 10/3/2022
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 10/3/2022, Cardano ($ADA) can buy you the
least amount of Ishares Floating Rate Bond Etf shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of FLOT with the proceeds, you would only be able to buy 0.84 share of FLOT. That's versus a high amount of 4.49 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 Ishares Floating Rate Bond 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
Ishares Floating Rate Bond Etf vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the FLOT returns.
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