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COIG vs CONL

Leverage Shares 2x Long COIN Daily ETF

COIGBNasdaq

GraniteShares 2x Long COIN Daily ETF

CONLCNasdaq

Overlap

0.0%by weight

Expense ratio

COIG −0.28pt a year

COIG0.78%CONL1.06%

Avg volume · 30D

CONL 118.2×the volume

COIG175KCONL20.6M

COIG vs CONL Performance

Oct 31, 2025 – Oct 30, 2026

−91.4%COIG−91.3%CONL

Oct 31, 2025 to Oct 30, 2026. COIG −91.4%. CONL −91.3%. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
COIG 0.78%, better
CONL 1.06%
Fund size
COIG $5M
CONL $459M
1Y total return
COIG −91.4%
CONL −91.3%, better
Yield (12M)
COIG No data
CONL 0.00%
Holdings
COIG 4
CONL 2
Avg volume (30D)
COIG 175K sh
CONL 20.6M sh, better
NAV per share
COIG $3.16
CONL $4.10
52W range

ETF.net Grade

COIG: Cost 68, Risk 32, Mission 84, Tradability 69, Holdings not scored, Durability 52. CONL: Cost 20, Risk 32, Mission 85, Tradability 75, Holdings not scored, Durability 73.
Pillar letters and Scores for COIG, CONL, with each pillar’s weight
PillarCOIGCONL
Cost30% weightB68HigherF20
Mission25% weightA84A85Higher
Risk15% weightD32D32
Tradability15% weightB69A75Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52A73Higher

Rank among 2x Long Coinbase (COIN) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COIG and CONL are both graded against the same 5 2x Long Coinbase (COIN) funds, so their Grades compare head to head.

2x Long Coinbase (COIN)⁠

Category · 5 funds
See all 5 ›

COIG ranks 1st and CONL 3rd of 5 funds in the 2x Long Coinbase (COIN) Category.

  1. Rank 1BCOIGLeverage Shares 2x Long COIN Daily ETFScore 65
  2. Rank 2BCONXDirexion Daily COIN Bull 2X ETFScore 58
  3. Rank 3CCONLGraniteShares 2x Long COIN Daily ETFScore 51
  4. Rank 4CCOIAProShares Ultra COINScore 40

Our read on each fund

ETF.net Research

COIGBLeverage Shares 2x Long COIN Daily ETF

CONLCGraniteShares 2x Long COIN Daily ETF

In short

COIG Two times Coinbase, reset every day, for 0.78% a year, undercutting the big-name 2x COIN funds. One of the strongest implementations in a crowded five-ticker niche.

CONL The 2x Coinbase trade, in one ticker. CONL aims to double COIN's daily percentage move, resets that clock every session, and has been running since 2022 as one of the most actively traded ways to express a short-term bullish view on the exchange.

Stated mandate

COIG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Coinbase Global stock (COIN).

CONL The Fund seeks daily leveraged investment results equal to two times the daily percentage change of Coinbase Global Inc. It is intended for traders with a short-term bullish view on COIN.

Why people hold it

  • COIG At 0.78%, it costs less than CONL at 1.04% and CONX at 0.97% (net of a waiver through September 1, 2027) for the same 2x daily COIN mandate.
  • Swap agreements and daily rebalancing do the leverage, inside a 1940 Act ETF. No margin account, no borrow, no maintenance calls.leverageshares.com
  • Since its March 2025 launch it has tracked its 200% daily target closely, one of the tighter implementations among 2x COIN funds.
  • CONL No mystery in the mechanics: the fund targets two times Coinbase's daily percentage change, and the objective is spelled out in its own documents.graniteshares.com
  • Live since 2022 and very actively traded, so entering and exiting the position is rarely the hard part.
  • It has hit its stated daily 2x target closely, putting it among the stronger implementations in the 2x single-stock crowd.

Worth knowing

  • COIG The 2x applies to one day only. Over weeks, choppy COIN trading compounds against you and the result can differ sharply from twice the period move.leverageshares.com
  • Live since March 2025, so the risk record is short and covers one stretch of an unusually volatile stock.
  • COIX runs the same 2x COIN trade at 0.20%. The trade-off is COIG's longer live history and steadier trading in the category.
  • CONL The leverage resets daily. Hold longer than a day and compounding takes over, so a choppy stretch in COIN can leave the fund short of twice the move.graniteshares.com
  • Two times a crypto-linked stock is a rough ride: drawdowns can be severe and fast. The issuer frames it as a tool for short-term traders.graniteshares.com
  • At 1.04% a year it sits near the middle of the COIN 2x lineup (COIA 1.08%, CONX 0.99%), while some 2x single-stock funds elsewhere charge 0.75%.

Full COIG profile⁠

Full CONL profile⁠

COIG vs CONL Holdings

How COIG and CONL differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of COIG and 0.0% of CONL.

Level by level

  • Asset classEquity, Leveraged/Inverse0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for COIG.

Country, concentration and asset class

Country by domicile

Country weights in COIG and CONL, widest gap first
CountryMore in COIGMore in CONL
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • COIG208.2%
  • CONL100.0%

Securities held

  • COIG1
  • CONL1

Asset class

COIG
Equity
CONL
Leveraged/Inverse

Holdings

  • Only in COIG1
  • In both0
  • Only in CONL1

Only in COIG

1 security, 8.2% of COIG by weight

  • First American Treasury Obligations Fund 01/01/20408.21%

Only in CONL

1 security, 66.7% of CONL by weight

  • Coin66.69%

Weight gaps

COIG and CONL share no securities.

All 4 COIG holdings⁠All 2 CONL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COIG vs CONL Cost

Overpaying CONL vs COIG

$4,653

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COIG 0.78%

    $15,002

  • CONL 1.06%

    $19,655

$10,000
30 years

Cost over time

  • COIG 0.78%
  • CONL 1.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530CONL $19,655COIG $15,002

Year by year

YearCOIGCONLOverpaying
10$1,388$1,864$476
20$5,268$6,987$1,719
30$15,002$19,655$4,653

Expense ratio

  • 0.78%COIG, cheaper
  • 1.06%CONL
  • Middle half of 2x Long Coinbase (COIN) funds
  • Median 0.95%

COIG 2nd cheapest of 5 funds

CONL 5th cheapest of 5 funds

COIG vs CONL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
COIG No data
CONL 0.00%
Payout (12M)
COIG None
CONL None

Distribution history

Per share, 2024, same scale for both

COIGAll COIG payments⁠

No distribution history available.

CONL1 paymentAll CONL payments⁠
One bar per payment. 1 payment in 2024. Feb 27, 2024 $0.11. Use the arrow keys to read each point.$0$0.102024

COIG vs CONL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COIG 126.4%since Apr 2025CONL 171.5%
Return per unit of riskSharpe ratio, 3 years
COIG −0.18since Apr 2025CONL 0.42
Worst fallMax drawdown, 5 years
COIG −95.1%since Mar 2025CONL −96.2%since Aug 2022
Market sensitivityBeta, 5 years
COIG 4.40CONL 6.10

COIG and CONL in the news

All news⁠

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