Dogecoin vs. Invesco Variable Rate Preferred Etf: Price Relationship Crosses Threshold
By CryptocurrenciesChannel Staff, 9/26/2023
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 9/26/2023, Dogecoin ($DOGE) can buy you the
least amount of Invesco Variable Rate Preferred Etf shares, in the past year. For example, if you had 100 Dogecoin coins and wished to buy shares of VRP with the proceeds, you would only be able to buy 0.27 share of VRP. That's versus a high amount of 0.64 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 Invesco Variable Rate Preferred Etf shares, relative to the performance of Dogecoin; and here's how the two compare over the past year on a total return basis:
Check out our
Dogecoin historical price chart and
Invesco Variable Rate Preferred Etf vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the VRP returns.
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