EDUT vs. CONY
Compare and contrast key facts about Global X Education ETF (EDUT) and YieldMax COIN Option Income Strategy ETF (CONY).
EDUT and CONY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDUT is a passively managed fund by Global X that tracks the performance of the Indxx Global Education Thematic Index. It was launched on Jul 10, 2020. CONY is an actively managed fund by YieldMax. It was launched on Aug 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDUT or CONY.
Correlation
The correlation between EDUT and CONY is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EDUT vs. CONY - Performance Comparison
Key characteristics
Returns By Period
EDUT
N/A
N/A
N/A
N/A
N/A
N/A
CONY
-4.85%
-15.66%
6.10%
28.90%
N/A
N/A
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EDUT vs. CONY - Expense Ratio Comparison
EDUT has a 0.50% expense ratio, which is lower than CONY's 0.99% expense ratio.
Risk-Adjusted Performance
EDUT vs. CONY — Risk-Adjusted Performance Rank
EDUT
CONY
EDUT vs. CONY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Education ETF (EDUT) and YieldMax COIN Option Income Strategy ETF (CONY). 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.
Dividends
EDUT vs. CONY - Dividend Comparison
EDUT has not paid dividends to shareholders, while CONY's dividend yield for the trailing twelve months is around 171.89%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
EDUT Global X Education ETF | 0.00% | 0.00% | 0.14% | 0.69% | 0.14% |
CONY YieldMax COIN Option Income Strategy ETF | 171.89% | 155.65% | 16.44% | 0.00% | 0.00% |
Drawdowns
EDUT vs. CONY - Drawdown Comparison
Volatility
EDUT vs. CONY - Volatility Comparison
The current volatility for Global X Education ETF (EDUT) is 0.00%, while YieldMax COIN Option Income Strategy ETF (CONY) has a volatility of 15.22%. This indicates that EDUT experiences smaller price fluctuations and is considered to be less risky than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.