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CONLGraniteShares 2x Long COIN Daily ETF

Take a bet3y track recordRanked #96 of 949 in this goal

Seeks daily investment results of 200% the daily percentage change of Coinbase common stock.

By Graniteshares · Launched 2022

Annual Cost

1.04%

#5,298 of 5,854 · expensive

Fund Size

$549M

#1,512 of 5,854 · large

Return (1Y)Goal

-92.3%

Track Record

3 years

#2,677 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$767-92.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Asset allocation

Cash
111.6%

By sector

Financial Services
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
138.3%High

Year-on-year price swings

Max drawdown
-95.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.38Below average
Sortino (3Y)
0.60Moderate downside risk

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% the daily percentage change of Coinbase common stock.
Strategy
Actively managed ETF aiming to replicate 200% of the daily performance of Coinbase common stock through swaps and options. Concentrated in the financial services industry, with daily rebalancing affecting longer-term returns.
Inception date
August 8, 2022
Fund family
Graniteshares

Our take

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

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

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

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Data updated on 2026-08-03