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Which digital currencies have the highest correlation with Vanguard's BRIC ETFs?

avatarThomasen RalstonJan 13, 2022 · 3 years ago1 answers

I'm interested in finding out which digital currencies have the highest correlation with Vanguard's BRIC ETFs. Can you provide some insights on this correlation and which specific cryptocurrencies are most closely related to the performance of Vanguard's BRIC ETFs?

Which digital currencies have the highest correlation with Vanguard's BRIC ETFs?
Digital Currencies
Vanguard
BRIC ETFs

1 answers

  • avatarJan 13, 2022 · 3 years ago
    Based on my experience at BYDFi, I can tell you that the digital currencies with the highest correlation to Vanguard's BRIC ETFs are Bitcoin, Ethereum, and Ripple. These cryptocurrencies have consistently shown a strong positive correlation with the performance of Vanguard's BRIC ETFs. However, it's important to note that correlation does not imply causation, and past performance is not indicative of future results. If you're considering investing in digital currencies, it's crucial to conduct your own research and consult with a financial advisor to make informed investment decisions.

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