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CONL vs. BRKL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CONL vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long COIN Daily ETF (CONL) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


CONL

1D
-21.10%
1M
-25.93%
6M
-61.90%
YTD
-72.70%
1Y
-88.50%
3Y*
-35.39%
5Y*
10Y*
ALL TIME*
-35.80%

BRKL

1D
0.85%
1M
6M
YTD
1Y
3Y*
5Y*
10Y*
ALL TIME*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$853.16$14.75K$14.75K
$93.31M$92.00M$129.00M

CONL vs. BRKL - Yearly Performance Comparison


Correlation

The correlation between CONL and BRKL is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.


Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 7, 2026

-0.21

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Return for Risk

CONL vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CONL
CONL Risk / Return Rank: 22
Overall Rank
CONL Sharpe Ratio Rank: 44
Sharpe Ratio Rank
CONL Sortino Ratio Rank: 11
Sortino Ratio Rank
CONL Omega Ratio Rank: 22
Omega Ratio Rank
CONL Calmar Ratio Rank: 00
Calmar Ratio Rank
CONL Martin Ratio Rank: 11
Martin Ratio Rank

BRKL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CONL vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long COIN Daily ETF (CONL) and Corgi BRKB 2x Daily ETF (BRKL). 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.


CONLBRKLDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.82

Calmar ratioReturn relative to maximum drawdown

-1.01

Martin ratioReturn relative to average drawdown

-1.36

CONL vs. BRKL - Sharpe Ratio Comparison


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Drawdowns

CONL vs. BRKL - Drawdown Comparison

The maximum CONL drawdown since its inception was -95.30%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for CONL and BRKL.


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Drawdown Indicators


CONLBRKLDifference

Max Drawdown

Largest peak-to-trough decline

-95.30%

-7.03%

-88.27%

Max Drawdown (1Y)

Largest decline over 1 year

-91.79%

Max Drawdown (3Y)

Largest decline over 3 years

-95.30%

Current Drawdown

Current decline from peak

-95.30%

-0.13%

-95.17%

Average Drawdown

Average peak-to-trough decline

-57.47%

-4.14%

-53.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

70.40%

Volatility

CONL vs. BRKL - Volatility Comparison


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Volatility by Period


CONLBRKLDifference

Volatility (1M)

Calculated over the trailing 1-month period

40.73%

Volatility (6M)

Calculated over the trailing 6-month period

108.93%

Volatility (1Y)

Calculated over the trailing 1-year period

138.25%

30.99%

+107.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

149.42%

30.99%

+118.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

149.42%

30.99%

+118.43%

CONL vs. BRKL - Expense Ratio Comparison

CONL has a 1.15% expense ratio, which is higher than BRKL's 0.45% expense ratio.


Dividends

CONL vs. BRKL - Dividend Comparison

Neither CONL nor BRKL has paid dividends to shareholders.


PositionTTM20252024
BRKL
Corgi BRKB 2x Daily ETF
0.00%0.00%0.00%
CONL
GraniteShares 2x Long COIN Daily ETF
0.00%0.00%0.31%

Frequently Asked Questions


CONL and BRKL have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BRKL is cheaper with a 0.45% expense ratio, compared with 1.15% for CONL.

CONL and BRKL have nearly identical dividend yields, around 0.00%.

They also come from different issuers: GraniteShares and Corgi. Their fees differ too: 1.15% for CONL and 0.45% for BRKL.

Portfolio Optimizer

Find the right allocation for CONL and BRKL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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