GREK vs. LTC-USD
Compare and contrast key facts about Global X MSCI Greece ETF (GREK) and Litecoin (LTC-USD).
GREK is a passively managed fund by Global X that tracks the performance of the MSCI All Greece Select 25-50. It was launched on Dec 7, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GREK or LTC-USD.
Correlation
The correlation between GREK and LTC-USD is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GREK vs. LTC-USD - Performance Comparison
Key characteristics
GREK:
1.23
LTC-USD:
0.28
GREK:
1.72
LTC-USD:
0.99
GREK:
1.22
LTC-USD:
1.10
GREK:
0.63
LTC-USD:
0.08
GREK:
4.52
LTC-USD:
1.40
GREK:
5.43%
LTC-USD:
16.99%
GREK:
20.01%
LTC-USD:
65.38%
GREK:
-79.50%
LTC-USD:
-97.41%
GREK:
-19.85%
LTC-USD:
-78.13%
Returns By Period
In the year-to-date period, GREK achieves a 22.79% return, which is significantly higher than LTC-USD's -18.03% return. Over the past 10 years, GREK has underperformed LTC-USD with an annualized return of 6.26%, while LTC-USD has yielded a comparatively higher 47.89% annualized return.
GREK
22.79%
11.86%
15.66%
24.92%
28.13%
6.26%
LTC-USD
-18.03%
-33.73%
33.21%
-14.98%
16.15%
47.89%
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Risk-Adjusted Performance
GREK vs. LTC-USD — Risk-Adjusted Performance Rank
GREK
LTC-USD
GREK vs. LTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Greece ETF (GREK) and Litecoin (LTC-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GREK vs. LTC-USD - Drawdown Comparison
The maximum GREK drawdown since its inception was -79.50%, smaller than the maximum LTC-USD drawdown of -97.41%. Use the drawdown chart below to compare losses from any high point for GREK and LTC-USD. For additional features, visit the drawdowns tool.
Volatility
GREK vs. LTC-USD - Volatility Comparison
The current volatility for Global X MSCI Greece ETF (GREK) is 8.31%, while Litecoin (LTC-USD) has a volatility of 22.16%. This indicates that GREK experiences smaller price fluctuations and is considered to be less risky than LTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.