COII.L vs. 2MU.L
COII.L (IncomeShares Coinbase (COIN) Options ETP GBP) and 2MU.L (Leverage Shares 2x Micron Technology ETC GBP) are both exchange-traded funds - COII.L is a Derivative Income fund actively managed by Leverage Shares, while 2MU.L is a Leveraged Equities fund tracking the iSTOXX Leveraged 2X MU Index. COII.L is actively managed, while 2MU.L is passively managed. Over the past year, COII.L returned -72.04% vs 2867.17% for 2MU.L. At a 0.28 correlation, their price movements are largely independent. COII.L charges 0.55%/yr vs 0.75%/yr for 2MU.L.
Performance
COII.L vs. 2MU.L - Performance Comparison
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Returns By Period
In the year-to-date period, COII.L achieves a -43.62% return, which is significantly lower than 2MU.L's 446.51% return.
COII.L
- 1D
- 0.00%
- 1M
- -3.30%
- 6M
- -43.65%
- YTD
- -43.62%
- 1Y
- -72.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
2MU.L
- 1D
- 0.00%
- 1M
- -39.12%
- 6M
- 276.60%
- YTD
- 446.51%
- 1Y
- 2,867.17%
- 3Y*
- 252.35%
- 5Y*
- 84.10%
- 10Y*
- —
COII.L vs. 2MU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
COII.L IncomeShares Coinbase (COIN) Options ETP GBP | -43.62% | -47.27% | 12.24% |
2MU.L Leverage Shares 2x Micron Technology ETC GBP | 446.51% | 550.25% | -38.67% |
Correlation
The correlation between COII.L and 2MU.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2024 | 0.28 |
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Return for Risk
COII.L vs. 2MU.L — Risk / Return Rank
COII.L
2MU.L
COII.L vs. 2MU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) and Leverage Shares 2x Micron Technology ETC GBP (2MU.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COII.L | 2MU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.46 | ||
| Sortino ratioReturn per unit of downside risk | -7.23 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.66 | -0.89 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 53.89 | -54.84 |
| Martin ratioReturn relative to average drawdown | -1.29 | 164.55 | -165.85 |
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Drawdowns
COII.L vs. 2MU.L - Drawdown Comparison
The maximum COII.L drawdown since its inception was -77.03%, smaller than the maximum 2MU.L drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for COII.L and 2MU.L.
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Drawdown Indicators
| COII.L | 2MU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.03% | -89.16% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -76.10% | -53.20% | -22.90% |
Max Drawdown (3Y)Largest decline over 3 years | — | -89.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.16% | — |
Current DrawdownCurrent decline from peak | -74.59% | -52.43% | -22.16% |
Average DrawdownAverage peak-to-trough decline | -37.54% | -44.32% | +6.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.68% | 17.42% | +38.26% |
Volatility
COII.L vs. 2MU.L - Volatility Comparison
The current volatility for IncomeShares Coinbase (COIN) Options ETP GBP (COII.L) is 13.32%, while Leverage Shares 2x Micron Technology ETC GBP (2MU.L) has a volatility of 57.84%. This indicates that COII.L experiences smaller price fluctuations and is considered to be less risky than 2MU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COII.L | 2MU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.32% | 57.84% | -44.52% |
Volatility (6M)Calculated over the trailing 6-month period | 43.42% | 113.33% | -69.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.50% | 154.74% | -76.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.55% | 111.77% | -43.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.55% | 105.91% | -37.36% |
COII.L vs. 2MU.L - Expense Ratio Comparison
COII.L has a 0.55% expense ratio, which is lower than 2MU.L's 0.75% expense ratio.
Dividends
COII.L vs. 2MU.L - Dividend Comparison
COII.L's dividend yield for the trailing twelve months is around 83.24%, while 2MU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
2MU.L Leverage Shares 2x Micron Technology ETC GBP | 0.00% | 0.00% | 0.00% |
COII.L IncomeShares Coinbase (COIN) Options ETP GBP | 83.24% | 191.72% | 18.98% |
Frequently Asked Questions
COII.L and 2MU.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COII.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COII.L is cheaper with a 0.55% expense ratio, compared with 0.75% for 2MU.L.
COII.L is categorized as Derivative Income, while 2MU.L is Leveraged Equities. Their fees differ too: 0.55% for COII.L and 0.75% for 2MU.L.
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