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 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LTC-USD vs. GREK - Performance Comparison
Key characteristics
LTC-USD:
0.14
GREK:
1.14
LTC-USD:
1.55
GREK:
1.58
LTC-USD:
1.17
GREK:
1.23
LTC-USD:
0.37
GREK:
0.70
LTC-USD:
3.22
GREK:
4.75
LTC-USD:
22.01%
GREK:
5.64%
LTC-USD:
65.51%
GREK:
23.33%
LTC-USD:
-97.41%
GREK:
-79.50%
LTC-USD:
-76.84%
GREK:
-15.43%
Returns By Period
In the year-to-date period, LTC-USD achieves a -13.21% return, which is significantly lower than GREK's 29.57% return. Over the past 10 years, LTC-USD has outperformed GREK with an annualized return of 51.16%, while GREK has yielded a comparatively lower 5.91% annualized return.
LTC-USD
-13.21%
29.46%
25.11%
9.57%
13.65%
51.16%
GREK
29.57%
17.84%
30.47%
26.37%
26.85%
5.91%
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Risk-Adjusted Performance
LTC-USD vs. GREK — Risk-Adjusted Performance Rank
LTC-USD
GREK
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 18.41% compared to Global X MSCI Greece ETF (GREK) at 7.53%. 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.