GLXY.TO vs. CONL
Compare and contrast key facts about Galaxy Digital Holdings Ltd. (GLXY.TO) and GraniteShares 2x Long COIN Daily ETF (CONL).
CONL is an actively managed fund by GraniteShares. It was launched on Aug 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLXY.TO or CONL.
Key characteristics
| GLXY.TO | CONL | |
|---|---|---|
| YTD Return | 142.01% | 45.70% |
| 1Y Return | 208.64% | 232.78% |
| Sharpe Ratio | 2.96 | 1.60 |
| Sortino Ratio | 3.20 | 2.72 |
| Omega Ratio | 1.38 | 1.31 |
| Calmar Ratio | 2.99 | 3.34 |
| Martin Ratio | 16.49 | 5.89 |
| Ulcer Index | 14.99% | 45.06% |
| Daily Std Dev | 83.62% | 166.21% |
| Max Drawdown | -91.88% | -82.62% |
| Current Drawdown | -41.36% | -42.08% |
Correlation
The correlation between GLXY.TO and CONL is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLXY.TO vs. CONL - Performance Comparison
In the year-to-date period, GLXY.TO achieves a 142.01% return, which is significantly higher than CONL's 45.70% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GLXY.TO vs. CONL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galaxy Digital Holdings Ltd. (GLXY.TO) and GraniteShares 2x Long COIN Daily ETF (CONL). 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
GLXY.TO vs. CONL - Dividend Comparison
GLXY.TO has not paid dividends to shareholders, while CONL's dividend yield for the trailing twelve months is around 0.22%.
| TTM | |
|---|---|
GLXY.TO Galaxy Digital Holdings Ltd. | 0.00% |
CONL GraniteShares 2x Long COIN Daily ETF | 0.22% |
Drawdowns
GLXY.TO vs. CONL - Drawdown Comparison
The maximum GLXY.TO drawdown since its inception was -91.88%, which is greater than CONL's maximum drawdown of -82.62%. Use the drawdown chart below to compare losses from any high point for GLXY.TO and CONL. For additional features, visit the drawdowns tool.
Volatility
GLXY.TO vs. CONL - Volatility Comparison
The current volatility for Galaxy Digital Holdings Ltd. (GLXY.TO) is 33.49%, while GraniteShares 2x Long COIN Daily ETF (CONL) has a volatility of 80.91%. This indicates that GLXY.TO experiences smaller price fluctuations and is considered to be less risky than CONL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.