LASE vs. CONY
LASE (Laser Photonics Corporation) is a stock, while CONY (YieldMax COIN Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, LASE returned 32.63% vs -42.39% for CONY. At a 0.17 correlation, their price movements are largely independent.
Performance
LASE vs. CONY - Performance Comparison
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Returns By Period
In the year-to-date period, LASE achieves a 26.72% return, which is significantly higher than CONY's -25.27% return.
LASE
- 1D
- 29.34%
- 1M
- 335.69%
- YTD
- 26.72%
- 6M
- 3.64%
- 1Y
- 32.63%
- 3Y*
- -2.24%
- 5Y*
- —
- 10Y*
- —
CONY
- 1D
- -5.62%
- 1M
- -16.66%
- YTD
- -25.27%
- 6M
- -35.82%
- 1Y
- -42.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LASE vs. CONY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LASE Laser Photonics Corporation | 26.72% | -57.27% | 389.83% | -33.33% |
CONY YieldMax COIN Option Income Strategy ETF | -25.27% | -26.34% | 23.62% | 81.04% |
Correlation
The correlation between LASE and CONY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2023 | 0.17 |
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Return for Risk
LASE vs. CONY — Risk / Return Rank
LASE
CONY
LASE vs. CONY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Laser Photonics Corporation (LASE) 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.
| LASE | CONY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.89 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.67 | +1.03 |
| Martin ratioReturn relative to average drawdown | 0.53 | -1.13 | +1.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LASE | CONY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | -0.73 | +0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.13 | -0.10 |
Drawdowns
LASE vs. CONY - Drawdown Comparison
The maximum LASE drawdown since its inception was -96.80%, which is greater than CONY's maximum drawdown of -63.57%. Use the drawdown chart below to compare losses from any high point for LASE and CONY.
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Drawdown Indicators
| LASE | CONY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.80% | -63.57% | -33.23% |
Max Drawdown (1Y)Largest decline over 1 year | -90.76% | -63.39% | -27.37% |
Max Drawdown (3Y)Largest decline over 3 years | -96.80% | — | — |
Current DrawdownCurrent decline from peak | -83.35% | -57.66% | -25.69% |
Average DrawdownAverage peak-to-trough decline | -70.16% | -22.17% | -47.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.35% | 37.68% | +23.67% |
Volatility
LASE vs. CONY - Volatility Comparison
Laser Photonics Corporation (LASE) has a higher volatility of 100.29% compared to YieldMax COIN Option Income Strategy ETF (CONY) at 15.87%. This indicates that LASE's price experiences larger fluctuations and is considered to be riskier than CONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LASE | CONY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 100.29% | 15.87% | +84.42% |
Volatility (6M)Calculated over the trailing 6-month period | 142.09% | 43.66% | +98.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 230.98% | 58.29% | +172.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 184.60% | 60.06% | +124.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 184.60% | 60.06% | +124.54% |
Dividends
LASE vs. CONY - Dividend Comparison
LASE has not paid dividends to shareholders, while CONY's dividend yield for the trailing twelve months is around 189.23%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CONY YieldMax COIN Option Income Strategy ETF | 189.23% | 192.07% | 155.66% | 16.43% |
LASE Laser Photonics Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LASE and CONY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LASE has higher volatility (100.29%) compared to CONY (15.87%). In terms of maximum drawdown, LASE dropped -96.80% vs CONY's -63.57%.
LASE currently has the higher Sharpe Ratio (0.14 vs -0.73), 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.
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