Here at CryptocurrenciesChannel.com, we discover it fascinating to trace numerous ETF and inventory costs versus numerous digital belongings over time.
We seen that as of 5/26/2022, Litecoin ($LTC) can purchase you the least quantity of Constancy Nationwide Information shares, previously yr. For instance, should you had 1 Litecoin coin and wished to purchase shares of FIS(Image: FIS) with the proceeds, you’ll solely be capable to purchase 0.67 share of FIS. That is versus a excessive quantity of two.39 shares over the trailing twelve months. Here is how this relationship appears charted, over the previous yr:
The primary driver of the above bar chart has, in fact, been the efficiency of Constancy Nationwide Information shares, relative to the efficiency of Litecoin; and this is how the 2 examine over the previous yr on a complete return foundation:
Take a look at our Litecoin historical price chart and Fidelity National Info vs Crypto pages for added charts.
Word that any inventory splits and/or dividends are included once we calculate the FIS returns.
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.