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TagsWhat is the correlation between VNQ ETF holdings and the performance of cryptocurrencies?
DGoeeeNov 29, 2021 · 3 years ago1 answersCan you explain the relationship between the holdings of VNQ ETF (Vanguard Real Estate ETF) and the performance of cryptocurrencies? How do the investments in real estate affect the value and volatility of digital currencies?
1 answers
- As an expert in the field, I can tell you that the correlation between VNQ ETF holdings and the performance of cryptocurrencies is not significant. The two asset classes operate in different markets and are influenced by different factors. While there may be some indirect connections, such as investor sentiment or macroeconomic trends, the overall correlation is weak. It's important to focus on the specific factors that drive the performance of each asset class rather than trying to find a direct relationship between them. Investing in cryptocurrencies or VNQ ETF should be based on their individual merits and not on any perceived correlation between the two.Nov 29, 2021 · 3 years ago
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