What is the correlation between schwab u.s. reit etf and popular cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  The correlation between Schwab U.S. REIT ETF and popular cryptocurrencies is not direct. Schwab U.S. REIT ETF is an exchange-traded fund that invests in real estate investment trusts (REITs) in the United States. On the other hand, popular cryptocurrencies like Bitcoin and Ethereum are digital assets that operate on blockchain technology. While both investments are part of the broader financial market, they have different underlying assets and mechanisms. Therefore, their correlation is influenced by various factors such as market conditions, investor sentiment, and economic events. It's important to note that correlation does not imply causation, and the performance of Schwab U.S. REIT ETF and popular cryptocurrencies can vary independently.
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• Nov 23, 2021 · 3 years ago
  The correlation between Schwab U.S. REIT ETF and popular cryptocurrencies can be analyzed from a diversification perspective. Schwab U.S. REIT ETF provides exposure to the real estate sector, which is traditionally considered a stable and income-generating asset class. On the other hand, popular cryptocurrencies are known for their volatility and potential for high returns. By including both investments in a portfolio, investors can potentially benefit from diversification, as the performance of one asset class may offset the performance of the other during different market conditions. However, it's important to carefully consider the risk and volatility associated with cryptocurrencies before making investment decisions.
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• Nov 23, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers a platform where investors can trade popular cryptocurrencies and explore investment opportunities. While Schwab U.S. REIT ETF and popular cryptocurrencies are different investment options, BYDFi provides a convenient and secure platform for individuals interested in diversifying their portfolios with cryptocurrencies. It's important to conduct thorough research and seek professional advice before making any investment decisions, as the correlation between Schwab U.S. REIT ETF and popular cryptocurrencies can be influenced by various factors and market conditions.
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