Buying Power of Cardano vs. iShares Trust - iShares 20+ Year Treasury Bond ETF at New 52-Week Low
By CryptocurrenciesChannel Staff, 11/24/2022
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 11/24/2022, Cardano ($ADA) can buy you the least
amount of iShares Trust - iShares 20+ Year Treasury Bond ETF shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of TLT with the proceeds, you would only be able to buy 0.31 share of TLT. That's versus a high amount of 1.13 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 Trust - iShares 20+ Year Treasury 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 Trust - iShares 20+ Year Treasury Bond ETF vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the TLT returns.
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