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CONLGraniteShares 2x Long COIN Daily ETF

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Seeks daily investment results of 200% of the daily performance of the Underlying Stock.

Graniteshares · Since 2022 (3 years)

Annual Cost

1.04%

#4844 out of 5,332 ETFs

Fund Size

$491M

#1443 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

3 years

#2830 out of 5,332 ETFs

Performance

1 Year

-55.3%

3 Years

+4.1%

5 Years

N/A

What's inside

Asset class
cryptocurrency
Strategy
leveraged

Asset allocation

Cash
91.4%
Stocks
8.6%

Risk profile

Volatility (1Y)

145.7%

High

Max drawdown

-94.0%

Worst peak-to-trough loss

Sharpe (3Y)

0.72

Decent risk-adjusted returns

Sortino (3Y)

1.17

Good downside protection

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Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

Data updated on 2026-05-05