Comparing Dogecoin Versus Invesco Actively Managed Exchange Traded Commodity Fund Trust Reveals New Low
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 Invesco Actively Managed Exchange Traded Commodity Fund Trust shares, in the past year. For example, if you had 100 Dogecoin coins and wished to buy shares of PDBC with the proceeds, you would now be able to buy 1.57 shares of PDBC. That's versus a low amount of 0.39 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 Actively Managed Exchange Traded Commodity Fund Trust 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 Actively Managed Exchange Traded Commodity Fund Trust vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the PDBC returns.
Be sure to follow us at
CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!