CONL vs. NTSD

Last updated Jun 3, 2026

CONL (GraniteShares 2x Long COIN Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. CONL charges 1.15%/yr vs 0.35%/yr for NTSD.

Performance

CONL vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long COIN Daily ETF (CONL) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CONL

• 1D: -9.57%
• 1M: -21.27%
• YTD: -56.79%
• 6M: -68.91%
• 1Y: -74.16%
• 3Y*: -11.06%
• 5Y*: —
• 10Y*: —

NTSD

• 1D: 0.35%
• 1M: 6.98%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CONL vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
CONL GraniteShares 2x Long COIN Daily ETF	-35.14%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	19.23%

Correlation

The correlation between CONL and NTSD is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.46

Return for Risk

CONL vs. NTSD — Risk / Return Rank

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

CONL

CONL Risk / Return Rank: 4
CONL Sharpe Ratio Rank: 4
CONL Sortino Ratio Rank: 5
CONL Omega Ratio Rank: 5
CONL Calmar Ratio Rank: 2
CONL Martin Ratio Rank: 3

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.

CONL vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long COIN Daily ETF (CONL) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). 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.

	CONL	NTSD	Difference
Sharpe ratio Return per unit of total volatility	-0.54	—	—
Sortino ratio Return per unit of downside risk	-0.43	—	—
Omega ratio Gain probability vs. loss probability	0.95	—	—
Calmar ratio Return relative to maximum drawdown	-0.81	—	—
Martin ratio Return relative to average drawdown	-1.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CONL	NTSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	5.75	-5.94

Drawdowns

CONL vs. NTSD - Drawdown Comparison

The maximum CONL drawdown since its inception was -93.95%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for CONL and NTSD.

Drawdown Indicators

	CONL	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-93.95%	-5.20%	-88.75%
Max Drawdown (1Y) Largest decline over 1 year	-92.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-93.95%	—	—
Current Drawdown Current decline from peak	-92.57%	0.00%	-92.57%
Average Drawdown Average peak-to-trough decline	-55.91%	-0.84%	-55.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	65.48%	—	—

Volatility

Volatility by Period

	CONL	NTSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	100.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	138.87%	24.31%	+114.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	149.87%	24.31%	+125.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	149.87%	24.31%	+125.56%

CONL vs. NTSD - Expense Ratio Comparison

CONL has a 1.15% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

CONL vs. NTSD - Dividend Comparison

Neither CONL nor NTSD has paid dividends to shareholders.

Position	TTM	2025	2024
CONL GraniteShares 2x Long COIN Daily ETF	0.00%	0.00%	0.31%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CONL and NTSD in my portfolio?

CONL and NTSD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CONL or NTSD?

On fees, NTSD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CONL or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 1.15% for CONL.

Which ETF pays a higher dividend yield, CONL or NTSD?

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

What is the main difference between CONL and NTSD?

They also come from different issuers: GraniteShares and WisdomTree. Their fees differ too: 1.15% for CONL and 0.35% for NTSD.