CONL vs. BITX

In the year-to-date period, CONL achieves a -30.26% return, which is significantly lower than BITX's 3.99% return.

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CONL has a 1.15% expense ratio, which is lower than BITX's 1.85% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long COIN Daily ETF (CONL) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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 BITX Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of CONL and BITX, 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 BITX's dividend yield for the trailing twelve months is around 12.93%.

The maximum CONL drawdown since its inception was -87.62%, which is greater than BITX's maximum drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for CONL and BITX. For additional features, visit the drawdowns tool.

GraniteShares 2x Long COIN Daily ETF (CONL) has a higher volatility of 49.31% compared to Volatility Shares 2x Bitcoin Strategy ETF (BITX) at 18.34%. This indicates that CONL's price experiences larger fluctuations and is considered to be riskier than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.