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:
0.58
LTC-USD:
0.37
GREK:
0.88
LTC-USD:
0.99
GREK:
1.12
LTC-USD:
1.11
GREK:
0.26
LTC-USD:
0.09
GREK:
2.07
LTC-USD:
1.37
GREK:
5.16%
LTC-USD:
19.23%
GREK:
18.36%
LTC-USD:
62.42%
GREK:
-79.50%
LTC-USD:
-97.41%
GREK:
-34.26%
LTC-USD:
-73.76%
Returns By Period
In the year-to-date period, GREK achieves a 10.32% return, which is significantly lower than LTC-USD's 39.24% return. Over the past 10 years, GREK has underperformed LTC-USD with an annualized return of 1.76%, while LTC-USD has yielded a comparatively higher 42.76% annualized return.
GREK
10.32%
5.43%
2.37%
8.63%
9.14%
1.76%
LTC-USD
39.24%
21.58%
36.76%
42.92%
19.23%
42.76%
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Risk-Adjusted Performance
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 4.69%, while Litecoin (LTC-USD) has a volatility of 37.86%. 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.