IFED vs. COIG

Last updated Jun 24, 2026

IFED (ETRACS IFED Invest with the Fed TR Index ETN) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. IFED is passively managed, while COIG is actively managed. Over the past year, IFED returned 2.52% vs -86.27% for COIG. A 0.50 correlation means they provide meaningful diversification when combined. IFED charges 0.45%/yr vs 0.75%/yr for COIG.

Performance

IFED vs. COIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long COIN Daily ETF (COIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFED achieves a -3.07% return, which is significantly higher than COIG's -65.79% return.

IFED

• 1D: -0.05%
• 1M: 2.47%
• YTD: -3.07%
• 6M: -3.90%
• 1Y: 2.52%
• 3Y*: 16.54%
• 5Y*: —
• 10Y*: —

COIG

• 1D: -8.16%
• 1M: -30.67%
• YTD: -65.79%
• 6M: -70.38%
• 1Y: -86.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IFED vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
IFED ETRACS IFED Invest with the Fed TR Index ETN	-3.07%	21.45%
COIG Leverage Shares 2X Long COIN Daily ETF	-65.79%	-10.62%

Correlation

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

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.50

The correlation between IFED and COIG has been stable across timeframes, ranging from 0.46 to 0.50 - a consistent structural relationship.

Return for Risk

IFED vs. COIG — Risk / Return Rank

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

IFED

IFED Risk / Return Rank: 10
IFED Sharpe Ratio Rank: 11
IFED Sortino Ratio Rank: 10
IFED Omega Ratio Rank: 10
IFED Calmar Ratio Rank: 10
IFED Martin Ratio Rank: 10

COIG

COIG Risk / Return Rank: 3
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 3
COIG Omega Ratio Rank: 3
COIG Calmar Ratio Rank: 1
COIG 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.

IFED vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) 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.

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.

	IFED	COIG	Difference
Sharpe ratio: Return per unit of total volatility	0.15	-0.64	+0.79
Sortino ratio: Return per unit of downside risk	0.34	-1.12	+1.46
Omega ratio: Gain probability vs. loss probability	1.04	0.87	+0.17
Calmar ratio: Return relative to maximum drawdown	0.17	-0.93	+1.10
Martin ratio: Return relative to average drawdown	0.43	-1.25	+1.68

IFED vs. COIG - Sharpe Ratio Comparison

The current IFED Sharpe Ratio is 0.15, which is higher than the COIG Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of IFED and COIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IFED vs. COIG - Drawdown Comparison

The maximum IFED drawdown since its inception was -22.36%, smaller than the maximum COIG drawdown of -92.67%. Use the drawdown chart below to compare losses from any high point for IFED and COIG.

Drawdown Indicators

	IFED	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-92.67%	+70.31%
Max Drawdown (1Y) Largest decline over 1 year	-14.65%	-92.67%	+78.02%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	—	—
Current Drawdown Current decline from peak	-5.05%	-92.31%	+87.26%
Average Drawdown Average peak-to-trough decline	-5.83%	-53.17%	+47.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.88%	69.09%	-63.21%

Volatility

IFED vs. COIG - Volatility Comparison

The current volatility for ETRACS IFED Invest with the Fed TR Index ETN (IFED) is 6.74%, while Leverage Shares 2X Long COIN Daily ETF (COIG) has a volatility of 36.15%. This indicates that IFED experiences smaller price fluctuations and is considered to be less risky than COIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IFED	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.74%	36.15%	-29.41%
Volatility (6M) Calculated over the trailing 6-month period	13.81%	101.97%	-88.16%
Volatility (1Y) Calculated over the trailing 1-year period	16.84%	135.55%	-118.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	145.22%	-125.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	145.22%	-125.30%

IFED vs. COIG - Expense Ratio Comparison

IFED has a 0.45% expense ratio, which is lower than COIG's 0.75% expense ratio.

Dividends

IFED vs. COIG - Dividend Comparison

Neither IFED nor COIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IFED and COIG in my portfolio?

IFED and COIG 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 is riskier, IFED or COIG?

COIG has higher volatility (36.15%) compared to IFED (6.74%). In terms of maximum drawdown, IFED dropped -22.36% vs COIG's -92.67%.

Which ETF is better, IFED or COIG?

On 1-year performance, IFED leads with 2.52% vs -86.27% for COIG. On fees, IFED is cheaper at 0.45% per year. On volatility, IFED has been the lower-risk option at 6.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IFED or COIG?

Over the 1-year period, IFED has performed better with a 2.52% return vs -86.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IFED or COIG?

IFED is cheaper with a 0.45% expense ratio, compared with 0.75% for COIG.

Which ETF pays a higher dividend yield, IFED or COIG?

IFED and COIG have nearly identical dividend yields, around 0.00%.

What is the main difference between IFED and COIG?

They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 0.45% for IFED and 0.75% for COIG.

Which has better risk-adjusted returns?

IFED currently has the higher Sharpe Ratio (0.15 vs -0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.