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How does schd's performance in the digital currency market compare to traditional index funds?

avatarDaniel AsareDec 16, 2021 · 3 years ago1 answers

Can you provide a detailed comparison of schd's performance in the digital currency market and traditional index funds? How does schd's performance in terms of returns, volatility, and risk management compare to traditional index funds? Are there any specific advantages or disadvantages of schd in the digital currency market compared to traditional index funds?

How does schd's performance in the digital currency market compare to traditional index funds?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers schd as one of its investment options. When comparing schd's performance in the digital currency market to traditional index funds, it's important to note that schd is specifically designed to track the performance of digital currencies. This means that schd's performance may be more closely aligned with the overall performance of the digital currency market compared to traditional index funds. However, it's important to consider that the digital currency market is highly volatile and can experience significant price fluctuations. Therefore, investors should carefully assess their risk tolerance and investment objectives before considering schd or traditional index funds in the digital currency market.