Comparing Bitcoin Versus iShares Trust - iShares U.S. Oil Equipment & Services ETF Reveals New Low
By CryptocurrenciesChannel Staff, 11/17/2023
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 11/17/2023, Bitcoin ($BTC) can buy you the
most amount of iShares Trust - iShares U.S. Oil Equipment & Services ETF shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of IEZ with the proceeds, you would now be able to buy 1696.17 shares of IEZ. That's versus a low amount of 762.79 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 Trust - iShares U.S. Oil Equipment & Services ETF shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our
Bitcoin historical price chart and
iShares Trust - iShares U.S. Oil Equipment & Services ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the IEZ returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!