Buying Power of Cardano vs. SPDR Series Trust - S&P Emerging Asia Pacific 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 SPDR Series Trust - S&P Emerging Asia Pacific ETF shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of GMF with the proceeds, you would only be able to buy 0.25 share of GMF. That's versus a high amount of 0.50 share 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 SPDR Series Trust - S&P Emerging Asia Pacific 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 SPDR Series Trust - S&P Emerging Asia Pacific ETF vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the GMF returns.
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