PortfoliosLab logo
COIN vs. CONY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between COIN and CONY is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

COIN vs. CONY - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

COIN:

-0.06

CONY:

-0.20

Sortino Ratio

COIN:

0.49

CONY:

0.14

Omega Ratio

COIN:

1.06

CONY:

1.02

Calmar Ratio

COIN:

-0.12

CONY:

-0.28

Martin Ratio

COIN:

-0.25

CONY:

-0.58

Ulcer Index

COIN:

27.87%

CONY:

23.94%

Daily Std Dev

COIN:

83.00%

CONY:

65.59%

Max Drawdown

COIN:

-90.90%

CONY:

-50.34%

Current Drawdown

COIN:

-44.23%

CONY:

-37.49%

Returns By Period

In the year-to-date period, COIN achieves a -19.73% return, which is significantly lower than CONY's -18.73% return.


COIN

YTD

-19.73%

1M

17.51%

6M

-26.38%

1Y

-0.80%

5Y*

N/A

10Y*

N/A

CONY

YTD

-18.73%

1M

16.83%

6M

-23.31%

1Y

-8.65%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

COIN vs. CONY — Risk-Adjusted Performance Rank

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

COIN
The Risk-Adjusted Performance Rank of COIN is 4848
Overall Rank
The Sharpe Ratio Rank of COIN is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of COIN is 5252
Sortino Ratio Rank
The Omega Ratio Rank of COIN is 4949
Omega Ratio Rank
The Calmar Ratio Rank of COIN is 4444
Calmar Ratio Rank
The Martin Ratio Rank of COIN is 4646
Martin Ratio Rank

CONY
The Risk-Adjusted Performance Rank of CONY is 1313
Overall Rank
The Sharpe Ratio Rank of CONY is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of CONY is 1919
Sortino Ratio Rank
The Omega Ratio Rank of CONY is 1818
Omega Ratio Rank
The Calmar Ratio Rank of CONY is 77
Calmar Ratio Rank
The Martin Ratio Rank of CONY is 1010
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.

COIN vs. CONY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) 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.


The current COIN Sharpe Ratio is -0.06, which is higher than the CONY Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of COIN 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.


Loading data...

Dividends

COIN vs. CONY - Dividend Comparison

COIN has not paid dividends to shareholders, while CONY's dividend yield for the trailing twelve months is around 178.39%.


TTM20242023
COIN
Coinbase Global, Inc.
0.00%0.00%0.00%
CONY
YieldMax COIN Option Income Strategy ETF
178.39%155.66%16.43%

Drawdowns

COIN vs. CONY - Drawdown Comparison

The maximum COIN drawdown since its inception was -90.90%, which is greater than CONY's maximum drawdown of -50.34%. Use the drawdown chart below to compare losses from any high point for COIN and CONY. For additional features, visit the drawdowns tool.


Loading data...

Volatility

COIN vs. CONY - Volatility Comparison

Coinbase Global, Inc. (COIN) has a higher volatility of 14.12% compared to YieldMax COIN Option Income Strategy ETF (CONY) at 10.57%. This indicates that COIN's price experiences larger fluctuations and is considered to be riskier than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...