Why are these 2 Morningstar charts apparently different?
I'm trying to compare two ETFs on morningstar.com.
I'm not able to understand why the ending of two price charts are different, i.e., in 2019.
In the 3-year graph, stock 1 is slightly higher in 2019. In the Maximum-lengh graph, stock 2 is far higher in 2019. I would have expected a difference between the two charts at the beginning, but not at the end.
I notice that volume is different in the 2 charts, but I can't make out any more than that. Could someone be kind enough to explain the difference between the two charts? And what's the proper way to compare two stocks? I want to know how to see the prices of 2 stocks over time, comparing them with each other, so I can see how both prices react to historical events.
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The charts you have are 'percent change' along the Y-axis (vertical axis), and when comparing two assets, by definition, the graph starts at 0% at the date you chose to start.
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