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.
Key characteristics
| GREK | LTC-USD | |
|---|---|---|
| YTD Return | 10.13% | -2.64% |
| 1Y Return | 26.43% | 11.90% |
| 3Y Return (Ann) | 16.43% | -27.58% |
| 5Y Return (Ann) | 9.89% | 5.26% |
| 10Y Return (Ann) | 0.13% | 33.12% |
| Sharpe Ratio | 1.48 | 0.08 |
| Sortino Ratio | 2.02 | 0.62 |
| Omega Ratio | 1.27 | 1.07 |
| Calmar Ratio | 0.59 | 0.01 |
| Martin Ratio | 8.71 | 0.18 |
| Ulcer Index | 3.25% | 30.16% |
| Daily Std Dev | 19.07% | 52.43% |
| Max Drawdown | -79.50% | -97.41% |
| Current Drawdown | -34.37% | -81.65% |
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
In the year-to-date period, GREK achieves a 10.13% return, which is significantly higher than LTC-USD's -2.64% return. Over the past 10 years, GREK has underperformed LTC-USD with an annualized return of 0.13%, while LTC-USD has yielded a comparatively higher 33.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 5.42%, while Litecoin (LTC-USD) has a volatility of 13.38%. 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.