CL2.F vs. CONY

Last updated Apr 1, 2026

Compare and contrast key facts about CyberAgent, Inc. (CL2.F) and YieldMax COIN Option Income Strategy ETF (CONY).

CONY is an actively managed fund by YieldMax. It was launched on Aug 14, 2023.

Performance

CL2.F vs. CONY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in CyberAgent, Inc. (CL2.F) and YieldMax COIN Option Income Strategy ETF (CONY). The values are adjusted to include any dividend payments, if applicable.

CL2.F vs. CONY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CL2.F CyberAgent, Inc.	1.38%	9.85%	14.79%	0.01%
CONY YieldMax COIN Option Income Strategy ETF	-20.54%	-35.08%	31.78%	78.88%

Different Trading Currencies

CL2.F is traded in EUR, while CONY is traded in USD. To make them comparable, the CONY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CL2.F achieves a 1.38% return, which is significantly higher than CONY's -20.54% return.

CL2.F

• 1D: 3.52%
• 1M: -1.34%
• YTD: 1.38%
• 6M: -27.94%
• 1Y: 5.76%
• 3Y*: -1.32%
• 5Y*: -13.86%
• 10Y*: 3.99%

CONY

• 1D: 6.53%
• 1M: 2.66%
• YTD: -20.54%
• 6M: -44.44%
• 1Y: -25.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CL2.F vs. CONY — Risk / Return Rank

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

CL2.F

CL2.F Risk / Return Rank: 44
CL2.F Sharpe Ratio Rank: 47
CL2.F Sortino Ratio Rank: 43
CL2.F Omega Ratio Rank: 42
CL2.F Calmar Ratio Rank: 44
CL2.F Martin Ratio Rank: 44

CONY

CONY Risk / Return Rank: 7
CONY Sharpe Ratio Rank: 6
CONY Sortino Ratio Rank: 8
CONY Omega Ratio Rank: 8
CONY Calmar Ratio Rank: 7
CONY Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CL2.F vs. CONY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CyberAgent, Inc. (CL2.F) and YieldMax COIN Option Income Strategy ETF (CONY). 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.

	CL2.F	CONY	Difference
Sharpe ratio Return per unit of total volatility	0.15	-0.43	+0.57
Sortino ratio Return per unit of downside risk	0.53	-0.27	+0.80
Omega ratio Gain probability vs. loss probability	1.06	0.97	+0.10
Calmar ratio Return relative to maximum drawdown	0.12	-0.40	+0.52
Martin ratio Return relative to average drawdown	0.22	-0.83	+1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CL2.F vs. CONY - Sharpe Ratio Comparison

The current CL2.F Sharpe Ratio is 0.15, which is higher than the CONY Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of CL2.F and CONY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CL2.F	CONY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	-0.43	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.13	-0.13

Correlation

The correlation between CL2.F and CONY is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CL2.F vs. CONY - Dividend Comparison

CL2.F's dividend yield for the trailing twelve months is around 0.01%, less than CONY's 211.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CL2.F CyberAgent, Inc.	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%
CONY YieldMax COIN Option Income Strategy ETF	211.70%	192.07%	155.66%	16.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CL2.F vs. CONY - Drawdown Comparison

The maximum CL2.F drawdown since its inception was -99.87%, which is greater than CONY's maximum drawdown of -67.58%. Use the drawdown chart below to compare losses from any high point for CL2.F and CONY.

Drawdown Indicators

	CL2.F	CONY	Difference
Max Drawdown Largest peak-to-trough decline	-99.87%	-63.57%	-36.30%
Max Drawdown (1Y) Largest decline over 1 year	-36.79%	-63.39%	+26.60%
Max Drawdown (5Y) Largest decline over 5 years	-73.62%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.62%	—	—
Current Drawdown Current decline from peak	-99.41%	-55.69%	-43.72%
Average Drawdown Average peak-to-trough decline	-81.22%	-20.17%	-61.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.51%	30.90%	-11.39%

Volatility

CL2.F vs. CONY - Volatility Comparison

The current volatility for CyberAgent, Inc. (CL2.F) is 13.05%, while YieldMax COIN Option Income Strategy ETF (CONY) has a volatility of 18.89%. This indicates that CL2.F experiences smaller price fluctuations and is considered to be less risky than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CL2.F	CONY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.05%	18.89%	-5.84%
Volatility (6M) Calculated over the trailing 6-month period	26.10%	44.66%	-18.56%
Volatility (1Y) Calculated over the trailing 1-year period	38.76%	60.11%	-21.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.80%	60.47%	-20.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.32%	60.47%	-20.15%