ETRL vs. COIG
ETRL (GraniteShares 2x Long ETOR Daily ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. ETRL charges 1.50%/yr vs 0.75%/yr for COIG.
Performance
ETRL vs. COIG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETRL achieves a 5.50% return, which is significantly higher than COIG's -61.94% return.
ETRL
- 1D
- 2.41%
- 1M
- 0.47%
- YTD
- 5.50%
- 6M
- -33.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIG
- 1D
- -0.23%
- 1M
- -34.67%
- YTD
- -61.94%
- 6M
- -74.70%
- 1Y
- -78.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETRL vs. COIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ETRL GraniteShares 2x Long ETOR Daily ETF | 5.50% | -50.91% |
COIG Leverage Shares 2X Long COIN Daily ETF | -61.94% | -52.95% |
Correlation
The correlation between ETRL and COIG is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 4, 2025 | 0.58 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETRL vs. COIG — Risk / Return Rank
ETRL
COIG
ETRL vs. COIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long ETOR Daily ETF (ETRL) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| ETRL | COIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.55 | -0.40 | -0.15 |
Drawdowns
ETRL vs. COIG - Drawdown Comparison
The maximum ETRL drawdown since its inception was -76.44%, smaller than the maximum COIG drawdown of -92.06%. Use the drawdown chart below to compare losses from any high point for ETRL and COIG.
Loading charts...
Drawdown Indicators
| ETRL | COIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.44% | -92.06% | +15.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -92.06% | — |
Current DrawdownCurrent decline from peak | -48.21% | -91.44% | +43.23% |
Average DrawdownAverage peak-to-trough decline | -47.50% | -51.83% | +4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 66.13% | — |
Volatility
ETRL vs. COIG - Volatility Comparison
Loading charts...
Volatility by Period
| ETRL | COIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 37.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 100.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 105.70% | 138.95% | -33.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.70% | 146.21% | -40.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.70% | 146.21% | -40.51% |
ETRL vs. COIG - Expense Ratio Comparison
ETRL has a 1.50% expense ratio, which is higher than COIG's 0.75% expense ratio.
Dividends
ETRL vs. COIG - Dividend Comparison
Neither ETRL nor COIG has paid dividends to shareholders.
Frequently Asked Questions
ETRL and COIG have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COIG is cheaper with a 0.75% expense ratio, compared with 1.50% for ETRL.
ETRL and COIG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for ETRL and 0.75% for COIG.
Find the right allocation for ETRL and COIG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer