LTC-USD vs. GREK
Compare and contrast key facts about Litecoin (LTC-USD) and Global X MSCI Greece ETF (GREK).
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: LTC-USD or GREK.
Performance
LTC-USD vs. GREK - Performance Comparison
Returns By Period
In the year-to-date period, LTC-USD achieves a 26.47% return, which is significantly higher than GREK's 4.52% return. Over the past 10 years, LTC-USD has outperformed GREK with an annualized return of 38.41%, while GREK has yielded a comparatively lower -0.28% annualized return.
LTC-USD
26.47%
31.24%
8.34%
32.45%
15.68%
38.41%
GREK
4.52%
-3.17%
-8.80%
7.33%
8.30%
-0.28%
Key characteristics
| LTC-USD | GREK | |
|---|---|---|
| Sharpe Ratio | 0.06 | 0.40 |
| Sortino Ratio | 0.57 | 0.64 |
| Omega Ratio | 1.06 | 1.08 |
| Calmar Ratio | 0.01 | 0.17 |
| Martin Ratio | 0.12 | 1.61 |
| Ulcer Index | 32.32% | 4.56% |
| Daily Std Dev | 55.58% | 18.49% |
| Max Drawdown | -97.41% | -79.50% |
| Current Drawdown | -76.16% | -37.72% |
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Correlation
The correlation between LTC-USD and GREK 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.
Risk-Adjusted Performance
LTC-USD vs. GREK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Litecoin (LTC-USD) and Global X MSCI Greece ETF (GREK). 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
LTC-USD vs. GREK - Drawdown Comparison
The maximum LTC-USD drawdown since its inception was -97.41%, which is greater than GREK's maximum drawdown of -79.50%. Use the drawdown chart below to compare losses from any high point for LTC-USD and GREK. For additional features, visit the drawdowns tool.
Volatility
LTC-USD vs. GREK - Volatility Comparison
Litecoin (LTC-USD) has a higher volatility of 25.05% compared to Global X MSCI Greece ETF (GREK) at 4.03%. This indicates that LTC-USD's price experiences larger fluctuations and is considered to be riskier than GREK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.