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.
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.
Performance
LTC-USD vs. GREK - Performance Comparison
Key characteristics
LTC-USD:
0.80
GREK:
0.41
LTC-USD:
1.47
GREK:
0.66
LTC-USD:
1.16
GREK:
1.09
LTC-USD:
0.27
GREK:
0.19
LTC-USD:
2.93
GREK:
1.46
LTC-USD:
19.42%
GREK:
5.19%
LTC-USD:
62.60%
GREK:
18.28%
LTC-USD:
-97.41%
GREK:
-79.50%
LTC-USD:
-72.42%
GREK:
-34.90%
Returns By Period
In the year-to-date period, LTC-USD achieves a 46.35% return, which is significantly higher than GREK's 9.24% return. Over the past 10 years, LTC-USD has outperformed GREK with an annualized return of 43.99%, while GREK has yielded a comparatively lower 1.24% annualized return.
LTC-USD
46.35%
7.19%
52.87%
49.68%
21.44%
43.99%
GREK
9.24%
4.53%
1.08%
8.99%
8.61%
1.24%
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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 37.08% compared to Global X MSCI Greece ETF (GREK) at 4.51%. 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.