Buying Power of Cardano vs. iShares Inc - MSCI Brazil ETF at New 52-Week Low
By CryptocurrenciesChannel Staff, 9/16/2023
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 9/16/2023, Cardano ($ADA) can buy you the
least amount of iShares Inc - MSCI Brazil ETF shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of EWZ with the proceeds, you would only be able to buy 0.78 share of EWZ. That's versus a high amount of 1.56 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 Inc - MSCI Brazil 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 Inc - MSCI Brazil ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the EWZ returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!