LCID vs. CONL
LCID (Lucid Group, Inc.) is a stock, while CONL (GraniteShares 2x Long COIN Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past 3 years, LCID returned -56.43%/yr vs -8.64%/yr for CONL. At a 0.40 correlation, their price movements are largely independent.
Performance
LCID vs. CONL - Performance Comparison
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Returns By Period
In the year-to-date period, LCID achieves a -49.29% return, which is significantly higher than CONL's -63.14% return.
LCID
- 1D
- 4.28%
- 1M
- -5.63%
- YTD
- -49.29%
- 6M
- -54.65%
- 1Y
- -75.86%
- 3Y*
- -56.43%
- 5Y*
- -53.01%
- 10Y*
- —
CONL
- 1D
- -2.17%
- 1M
- -30.59%
- YTD
- -63.14%
- 6M
- -68.88%
- 1Y
- -83.91%
- 3Y*
- -8.64%
- 5Y*
- —
- 10Y*
- —
LCID vs. CONL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LCID Lucid Group, Inc. | -49.29% | -65.00% | -28.27% | -38.36% | -63.51% |
CONL GraniteShares 2x Long COIN Daily ETF | -63.14% | -58.49% | 4.23% | 641.63% | -80.40% |
Correlation
The correlation between LCID and CONL is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.40 |
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Return for Risk
LCID vs. CONL — Risk / Return Rank
LCID
CONL
LCID vs. CONL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lucid Group, Inc. (LCID) 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.
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.
| LCID | CONL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 0.89 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.91 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.32 | -1.23 | -0.10 |
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Drawdowns
LCID vs. CONL - Drawdown Comparison
The maximum LCID drawdown since its inception was -99.19%, which is greater than CONL's maximum drawdown of -94.36%. Use the drawdown chart below to compare losses from any high point for LCID and CONL.
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Drawdown Indicators
| LCID | CONL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.19% | -94.36% | -4.83% |
Max Drawdown (1Y)Largest decline over 1 year | -84.98% | -92.57% | +7.59% |
Max Drawdown (3Y)Largest decline over 3 years | -94.21% | -94.36% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -99.15% | — | — |
Current DrawdownCurrent decline from peak | -99.08% | -93.66% | -5.42% |
Average DrawdownAverage peak-to-trough decline | -76.30% | -56.37% | -19.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.36% | 68.46% | -11.10% |
Volatility
LCID vs. CONL - Volatility Comparison
The current volatility for Lucid Group, Inc. (LCID) is 22.77%, while GraniteShares 2x Long COIN Daily ETF (CONL) has a volatility of 36.22%. This indicates that LCID 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.
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Volatility by Period
| LCID | CONL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.77% | 36.22% | -13.45% |
Volatility (6M)Calculated over the trailing 6-month period | 52.03% | 102.76% | -50.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.04% | 139.79% | -61.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.64% | 149.68% | -68.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.75% | 149.68% | -62.93% |
Dividends
LCID vs. CONL - Dividend Comparison
Neither LCID nor CONL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CONL GraniteShares 2x Long COIN Daily ETF | 0.00% | 0.00% | 0.31% |
LCID Lucid Group, Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LCID and CONL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CONL has higher volatility (36.22%) compared to LCID (22.77%). In terms of maximum drawdown, LCID dropped -99.19% vs CONL's -94.36%.
CONL currently has the higher Sharpe Ratio (-0.62 vs -0.97), 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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