Cardano vs. SPDR Series Trust - S&P Metals & Ming ETF: Price Relationship Crosses Threshold
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 Metals & Ming ETF shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of XME with the proceeds, you would only be able to buy 0.47 share of XME. That's versus a high amount of 1.12 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 SPDR Series Trust - S&P Metals & Ming 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 Metals & Ming ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the XME returns.
Be sure to follow us at
CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!