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BITU vs. CONL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITU and CONL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

BITU vs. CONL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Ultra Bitcoin ETF (BITU) and GraniteShares 2x Long COIN Daily ETF (CONL). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%AugustSeptemberOctoberNovemberDecember2025
91.95%
-9.67%
BITU
CONL

Key characteristics

Daily Std Dev

BITU:

111.28%

CONL:

171.63%

Max Drawdown

BITU:

-55.23%

CONL:

-82.62%

Current Drawdown

BITU:

-15.47%

CONL:

-48.34%

Returns By Period

In the year-to-date period, BITU achieves a 13.50% return, which is significantly lower than CONL's 24.68% return.


BITU

YTD

13.50%

1M

-15.47%

6M

91.96%

1Y

N/A

5Y*

N/A

10Y*

N/A

CONL

YTD

24.68%

1M

-23.08%

6M

-9.67%

1Y

95.60%

5Y*

N/A

10Y*

N/A

*Annualized

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BITU vs. CONL - Expense Ratio Comparison

BITU has a 0.95% expense ratio, which is lower than CONL's 1.15% expense ratio.


CONL
GraniteShares 2x Long COIN Daily ETF
Expense ratio chart for CONL: current value at 1.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.15%
Expense ratio chart for BITU: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

BITU vs. CONL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BITU

CONL
The Risk-Adjusted Performance Rank of CONL is 4343
Overall Rank
The Sharpe Ratio Rank of CONL is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of CONL is 6060
Sortino Ratio Rank
The Omega Ratio Rank of CONL is 5353
Omega Ratio Rank
The Calmar Ratio Rank of CONL is 4949
Calmar Ratio Rank
The Martin Ratio Rank of CONL is 2727
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BITU vs. CONL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Ultra Bitcoin ETF (BITU) and GraniteShares 2x Long COIN Daily ETF (CONL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
No data
BITU
CONL


Chart placeholderNot enough data

Dividends

BITU vs. CONL - Dividend Comparison

BITU's dividend yield for the trailing twelve months is around 0.11%, less than CONL's 0.25% yield.


TTM2024
BITU
Proshares Ultra Bitcoin ETF
0.11%0.12%
CONL
GraniteShares 2x Long COIN Daily ETF
0.25%0.31%

Drawdowns

BITU vs. CONL - Drawdown Comparison

The maximum BITU drawdown since its inception was -55.23%, smaller than the maximum CONL drawdown of -82.62%. Use the drawdown chart below to compare losses from any high point for BITU and CONL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-15.47%
-40.31%
BITU
CONL

Volatility

BITU vs. CONL - Volatility Comparison

The current volatility for Proshares Ultra Bitcoin ETF (BITU) is 32.10%, while GraniteShares 2x Long COIN Daily ETF (CONL) has a volatility of 42.14%. This indicates that BITU experiences smaller price fluctuations and is considered to be less risky than CONL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%60.00%70.00%80.00%AugustSeptemberOctoberNovemberDecember2025
32.10%
42.14%
BITU
CONL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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