Buying Power of Dogecoin vs. SPDR Series Trust - SPDR Portfolio High Yield Bond ETF at New 52-Week High
By CryptocurrenciesChannel Staff, 3/29/2024
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 3/29/2024, Dogecoin ($DOGE) can buy you the
most amount of SPDR Series Trust - SPDR Portfolio High Yield Bond ETF shares, in the past year. For example, if you had 100 Dogecoin coins and wished to buy shares of SPHY with the proceeds, you would now be able to buy 0.93 share of SPHY. That's versus a low amount of 0.26 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 - SPDR Portfolio High Yield Bond 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
SPDR Series Trust - SPDR Portfolio High Yield Bond ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the SPHY returns.
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