Cardano vs. First Trust Nasdaq-100-technology Sector Index Fun: Price Relationship Crosses Threshold
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 First Trust Nasdaq-100-technology Sector Index Fun shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of QTEC with the proceeds, you would only be able to buy 0.28 share of QTEC. That's versus a high amount of 1.01 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 First Trust Nasdaq-100-technology Sector Index Fun 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 First Trust Nasdaq-100-technology Sector Index Fun vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the QTEC returns.
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