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:
0.70
LTC-USD:
1.06
GREK:
1.04
LTC-USD:
1.74
GREK:
1.14
LTC-USD:
1.19
GREK:
0.33
LTC-USD:
0.44
GREK:
2.34
LTC-USD:
3.97
GREK:
5.44%
LTC-USD:
20.59%
GREK:
18.23%
LTC-USD:
65.28%
GREK:
-79.50%
LTC-USD:
-97.41%
GREK:
-30.25%
LTC-USD:
-69.21%
Returns By Period
In the year-to-date period, GREK achieves a 6.86% return, which is significantly lower than LTC-USD's 15.36% return. Over the past 10 years, GREK has underperformed LTC-USD with an annualized return of 3.13%, while LTC-USD has yielded a comparatively higher 51.69% annualized return.
GREK
6.86%
6.09%
0.80%
11.82%
9.98%
3.13%
LTC-USD
15.36%
19.42%
63.04%
76.71%
16.97%
51.69%
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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 4.17%, while Litecoin (LTC-USD) has a volatility of 28.67%. 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.