CONL vs. BITU

In the year-to-date period, CONL achieves a -30.26% return, which is significantly lower than BITU's 4.84% return.

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CONL has a 1.15% expense ratio, which is higher than BITU's 0.95% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long COIN Daily ETF (CONL) and Proshares Ultra Bitcoin ETF (BITU). 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 CONL Sharpe Ratio is -0.28, which is lower than the BITU Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of CONL and BITU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

CONL has not paid dividends to shareholders, while BITU's dividend yield for the trailing twelve months is around 4.13%.

The maximum CONL drawdown since its inception was -87.62%, which is greater than BITU's maximum drawdown of -55.28%. Use the drawdown chart below to compare losses from any high point for CONL and BITU. For additional features, visit the drawdowns tool.

GraniteShares 2x Long COIN Daily ETF (CONL) has a higher volatility of 49.31% compared to Proshares Ultra Bitcoin ETF (BITU) at 18.29%. This indicates that CONL's price experiences larger fluctuations and is considered to be riskier than BITU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.