Cardano vs. Spdr Bloomberg High Yield Bond Etf: Price Relationship Crosses Threshold
By CryptocurrenciesChannel Staff, 9/17/2023
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 9/17/2023, Cardano ($ADA) can buy you the least
amount of Spdr Bloomberg High Yield Bond Etf shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of JNK with the proceeds, you would only be able to buy 0.27 share of JNK. That's versus a high amount of 0.53 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 Bloomberg High Yield 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 Spdr Bloomberg High Yield Bond Etf vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the JNK returns.
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