CONI vs. PLTZ
CONI (GraniteShares 2x Short COIN Daily ETF) and PLTZ (Defiance Daily Target 2X Short PLTR ETF) are both Inverse Equities funds. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. CONI charges 1.15%/yr vs 1.29%/yr for PLTZ.
Performance
CONI vs. PLTZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CONI achieves a -17.97% return, which is significantly lower than PLTZ's 4.28% return.
CONI
- 1D
- 12.23%
- 1M
- 36.75%
- YTD
- -17.97%
- 6M
- 18.58%
- 1Y
- -48.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTZ
- 1D
- 13.03%
- 1M
- -4.65%
- YTD
- 4.28%
- 6M
- -1.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CONI vs. PLTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CONI GraniteShares 2x Short COIN Daily ETF | -17.97% | -40.53% |
PLTZ Defiance Daily Target 2X Short PLTR ETF | 4.28% | -64.39% |
Correlation
The correlation between CONI and PLTZ is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025 | 0.51 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CONI vs. PLTZ — Risk / Return Rank
CONI
PLTZ
CONI vs. PLTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Short COIN Daily ETF (CONI) and Defiance Daily Target 2X Short PLTR ETF (PLTZ). 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.
| CONI | PLTZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | — | — |
| Martin ratioReturn relative to average drawdown | -0.83 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CONI | PLTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.56 | -0.62 | +0.06 |
Drawdowns
CONI vs. PLTZ - Drawdown Comparison
The maximum CONI drawdown since its inception was -94.53%, which is greater than PLTZ's maximum drawdown of -70.28%. Use the drawdown chart below to compare losses from any high point for CONI and PLTZ.
Loading charts...
Drawdown Indicators
| CONI | PLTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.53% | -70.28% | -24.25% |
Max Drawdown (1Y)Largest decline over 1 year | -75.37% | — | — |
Current DrawdownCurrent decline from peak | -89.94% | -62.87% | -27.07% |
Average DrawdownAverage peak-to-trough decline | -73.31% | -52.02% | -21.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 58.78% | — | — |
Volatility
CONI vs. PLTZ - Volatility Comparison
Loading charts...
Volatility by Period
| CONI | PLTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.52% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 109.30% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 140.53% | 101.99% | +38.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 127.77% | 101.99% | +25.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 127.77% | 101.99% | +25.78% |
CONI vs. PLTZ - Expense Ratio Comparison
CONI has a 1.15% expense ratio, which is lower than PLTZ's 1.29% expense ratio.
Dividends
CONI vs. PLTZ - Dividend Comparison
CONI's dividend yield for the trailing twelve months is around 1.07%, while PLTZ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CONI GraniteShares 2x Short COIN Daily ETF | 1.07% | 0.87% | 1.39% |
PLTZ Defiance Daily Target 2X Short PLTR ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CONI and PLTZ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CONI is cheaper at 1.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CONI is cheaper with a 1.15% expense ratio, compared with 1.29% for PLTZ.
CONI has the higher dividend yield at 1.07%, compared with 0.00% for PLTZ.
They also come from different issuers: GraniteShares and Defiance. Their fees differ too: 1.15% for CONI and 1.29% for PLTZ.
Find the right allocation for CONI and PLTZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer