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.
Key characteristics
| LTC-USD | GREK | |
|---|---|---|
| YTD Return | 8.15% | 13.01% |
| 1Y Return | -9.57% | 34.06% |
| 3Y Return (Ann) | -36.05% | 15.70% |
| 5Y Return (Ann) | -3.78% | 15.01% |
| 10Y Return (Ann) | 22.50% | -1.51% |
| Sharpe Ratio | 0.58 | 1.63 |
| Daily Std Dev | 58.15% | 21.14% |
| Max Drawdown | -97.41% | -79.50% |
| Current Drawdown | -79.62% | -32.66% |
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
In the year-to-date period, LTC-USD achieves a 8.15% return, which is significantly lower than GREK's 13.01% return. Over the past 10 years, LTC-USD has outperformed GREK with an annualized return of 22.50%, while GREK has yielded a comparatively lower -1.51% 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
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 12.40% compared to Global X MSCI Greece ETF (GREK) at 5.32%. 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.