CONI vs. SFYF

Last updated Jul 17, 2026

CONI (GraniteShares 2x Short COIN Daily ETF) and SFYF (SoFi Social 50 ETF) are both exchange-traded funds - CONI is a Inverse Equities fund actively managed by GraniteShares, while SFYF is a Large Cap Growth Equities fund tracking the SoFi Social 50 Index. CONI is actively managed, while SFYF is passively managed. Over the past year, CONI returned 39.67% vs 27.85% for SFYF. At a correlation of -0.65, they often move in opposite directions. CONI charges 1.15%/yr vs 0.29%/yr for SFYF.

Performance

CONI vs. SFYF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Short COIN Daily ETF (CONI) and SoFi Social 50 ETF (SFYF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CONI achieves a -26.58% return, which is significantly lower than SFYF's 9.47% return.

CONI

• 1D: 7.94%
• 1M: 1.63%
• 6M: -13.31%
• YTD: -26.58%
• 1Y: 39.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFYF

• 1D: -1.59%
• 1M: -1.86%
• 6M: 8.67%
• YTD: 9.47%
• 1Y: 27.85%
• 3Y*: 28.08%
• 5Y*: 11.59%
• 10Y*: —

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

CONI vs. SFYF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CONI GraniteShares 2x Short COIN Daily ETF	-26.58%	-70.84%	-53.81%
SFYF SoFi Social 50 ETF	9.47%	30.00%	25.18%

Correlation

The correlation between CONI and SFYF is -0.63, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.63
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	-0.65

The correlation between CONI and SFYF has been stable across timeframes, ranging from -0.65 to -0.63 - a consistent structural relationship.

CONI vs. SFYF - Sectors Allocation Comparison

Sectors	CONI	SFYF
Financial Services	200.1%	7.5%
Basic Materials	-	-
Communication Services	-	16.7%
Consumer Cyclical	-	24.6%
Consumer Defensive	-	6.0%
Energy	-	0.7%
Healthcare	-	6.8%
Industrials	-	1.2%
Real Estate	-	1.1%
Technology	-	34.9%
Utilities	-	-

Return for Risk

CONI vs. SFYF — Risk / Return Rank

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

CONI

CONI Risk / Return Rank: 21
CONI Sharpe Ratio Rank: 15
CONI Sortino Ratio Rank: 29
CONI Omega Ratio Rank: 30
CONI Calmar Ratio Rank: 17
CONI Martin Ratio Rank: 15

SFYF

SFYF Risk / Return Rank: 46
SFYF Sharpe Ratio Rank: 50
SFYF Sortino Ratio Rank: 46
SFYF Omega Ratio Rank: 46
SFYF Calmar Ratio Rank: 44
SFYF Martin Ratio Rank: 43

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.

CONI vs. SFYF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Short COIN Daily ETF (CONI) and SoFi Social 50 ETF (SFYF). 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.

	CONI	SFYF	Difference
Sharpe ratio: Return per unit of total volatility	0.29	1.40	-1.10
Sortino ratio: Return per unit of downside risk	1.34	1.91	-0.56
Omega ratio: Gain probability vs. loss probability	1.17	1.24	-0.07
Calmar ratio: Return relative to maximum drawdown	0.53	1.84	-1.31
Martin ratio: Return relative to average drawdown	0.93	5.65	-4.72

CONI vs. SFYF - Sharpe Ratio Comparison

The current CONI Sharpe Ratio is 0.29, which is lower than the SFYF Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of CONI and SFYF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CONI vs. SFYF - Drawdown Comparison

The maximum CONI drawdown since its inception was -94.53%, which is greater than SFYF's maximum drawdown of -56.09%. Use the drawdown chart below to compare losses from any high point for CONI and SFYF.

Drawdown Indicators

	CONI	SFYF	Difference
Max Drawdown Largest peak-to-trough decline	-94.53%	-56.09%	-38.44%
Max Drawdown (1Y) Largest decline over 1 year	-75.12%	-15.18%	-59.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.09%	—
Current Drawdown Current decline from peak	-91.00%	-6.29%	-84.71%
Average Drawdown Average peak-to-trough decline	-74.20%	-16.39%	-57.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.89%	4.94%	+37.95%

Volatility

CONI vs. SFYF - Volatility Comparison

GraniteShares 2x Short COIN Daily ETF (CONI) has a higher volatility of 34.37% compared to SoFi Social 50 ETF (SFYF) at 6.34%. This indicates that CONI's price experiences larger fluctuations and is considered to be riskier than SFYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CONI	SFYF	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.37%	6.34%	+28.03%
Volatility (6M) Calculated over the trailing 6-month period	113.00%	15.63%	+97.37%
Volatility (1Y) Calculated over the trailing 1-year period	135.58%	20.00%	+115.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.29%	29.38%	+97.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.29%	30.61%	+96.68%

CONI vs. SFYF - Expense Ratio Comparison

CONI has a 1.15% expense ratio, which is higher than SFYF's 0.29% expense ratio.

Dividends

CONI vs. SFYF - Dividend Comparison

CONI's dividend yield for the trailing twelve months is around 1.19%, more than SFYF's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CONI GraniteShares 2x Short COIN Daily ETF	1.19%	0.87%	1.39%	0.00%	0.00%	0.00%	0.00%	0.00%
SFYF SoFi Social 50 ETF	0.36%	0.33%	0.31%	1.71%	1.19%	0.26%	0.40%	0.73%

Frequently Asked Questions

Can I hold both CONI and SFYF in my portfolio?

CONI and SFYF have a correlation of -0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CONI or SFYF?

CONI has higher volatility (34.37%) compared to SFYF (6.34%). In terms of maximum drawdown, CONI dropped -94.53% vs SFYF's -56.09%.

Which ETF is better, CONI or SFYF?

On 1-year performance, CONI leads with 39.67% vs 27.85% for SFYF. On fees, SFYF is cheaper at 0.29% per year. On volatility, SFYF has been the lower-risk option at 6.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CONI or SFYF?

Over the 1-year period, CONI has performed better with a 39.67% return vs 27.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CONI or SFYF?

SFYF is cheaper with a 0.29% expense ratio, compared with 1.15% for CONI.

Which ETF pays a higher dividend yield, CONI or SFYF?

CONI has the higher dividend yield at 1.19%, compared with 0.36% for SFYF.

What is the main difference between CONI and SFYF?

CONI is categorized as Inverse Equities, while SFYF is Large Cap Growth Equities. They also come from different issuers: GraniteShares and Toroso Investments. Their fees differ too: 1.15% for CONI and 0.29% for SFYF.

Which has better risk-adjusted returns?

SFYF currently has the higher Sharpe Ratio (1.40 vs 0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.