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COIA

GradeCNew York Stock Exchange Arca

ProShares Ultra COIN

Leveraged · Single-Stock Leveraged · ProShares · Inception 2025-09-08

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$9.93−0.27 (−2.64%)

As of Sep 23, 2026, 1:58 PM EDT

History starts Sep 10, 2025.
Intraday session: down, 19 prints from 10.20 to 9.93. Range 9.62 to 10.18. Use the arrow keys to read each point.$9.60$9.80$10.00$10.2010 AM12 PM2 PM4 PM
Expense ratio
1.08%
Fund size
$1M
1Y return
−82.3%
Yield · Last 12 months
Data unavailable
Volume · 30D
0.1M sh
NAV per share
$9.55
52W range
low $5.47high $84.31

The ETF.net COIA Grade

C

40/ 100

Rank 4 of 5 in 2x Long Coinbase (COIN)⁠

Confidence Medium

Six-pillar profile for COIA. Scores out of 100: Cost 20, Risk 34, Mission 98, Tradability 45, Holdings not scored, Durability 49. Strongest: Mission (98). Weakest: Cost (20). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned50This cap took−10Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 20
    Category rank5/5 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 98
    Category rank1/4 · top 25%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank3/5 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank3/5 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank4/5 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on COIA

ETF.net Research

CProShares' straight-ahead 2x daily play on Coinbase stock, launched in 2025 into a lane two rivals already occupied. The daily reset makes it a short-horizon tool, and it hews closely to that 2x target.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to twice the daily performance of Coinbase Global, Inc.'s Class A common shares.

Why people hold it

  1. 01Does its one job well: it aims for twice Coinbase stock's daily move and has tracked that target closely, among the tighter implementations in a crowded leveraged lane.
  2. 02Gets 2x COIN exposure inside a plain brokerage account: no margin borrowing, no options approval, and no risk of losing more than you put in.
  3. 03Two other funds (CONL, CONX) run the same 2x daily COIN mandate, so cross-shopping fees and spreads before you trade is easy.

Worth knowing

  1. 01At 1.08% a year it runs above the typical leveraged single-stock fund, and above both funds chasing the identical 2x COIN mandate.
  2. 02The leverage resets daily. Hold longer and returns compound off each close, so a choppy stretch can land well away from 2x the period move.
  3. 03Small asset base and light trading, which tends to mean wider bid-ask spreads and more slippage on size.

COIA Holdings

As of Sep 20, 2026, 6:50 AM
Asset class
Stocks
Holdings
—
Top-10 weight
100%
Largest holding
Net Other Assets (Liabilities)100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Net Other Assets (Liabilities)100.00%811,469$811K162

Showing 1–1 of 1 holdings

COIA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

COIA$1,771
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. COIA $1,771. SPY $11,723. Use the arrow keys to read each point.$57$7,188$14,319Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for COIA. Periods over one year show the average yearly return.
PeriodCOIA
Year to date−55.2%
1 month+7.0%
3 months+21.5%
1 year−82.3%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for COIA
YearReturn barCOIA
2026 YTD−55.2%
2025−56.8%

History from Sep 10, 2025

COIA in the news

ETF.net Research hasn’t filed on COIA yet — coverage lands here as it’s written.

COIA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 3 payments from 2025 to 2026 YTD. Dec 24, 2025 $0.26; Mar 25, 2026 $0.15; Jun 24, 2026 $0.06. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 24, 2026Jun 30, 2026$0.06
Mar 25, 2026Mar 31, 2026$0.15
Dec 24, 2025Dec 31, 2025$0.26

COIA Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−92.2%
12 months · trough Aug 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

COIA Cost

Expense ratio1.08%
  • The middle half of 2x Long Coinbase (COIN) funds
  • Median 0.99%

Every other 2x Long Coinbase (COIN) fund charges less.

COIA costs $108.00 a year on $10,000. The median 2x Long Coinbase (COIN) fund costs $99.00.