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CONI vs SKHZ

GraniteShares 2x Short COIN Daily ETF

CONICNasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

0.0%by weight

Expense ratio

SKHZ −0.96pt a year

CONI1.71%SKHZ0.75%

Avg volume · 30D

SKHZ 7.2×the volume

CONI263KSKHZ1.9M

CONI vs SKHZ Performance

Jul 31, 2026 – Nov 2, 2026

−27.2%CONI−14.7%SKHZ

Jul 31, 2026 to Nov 2, 2026. CONI −27.2%. SKHZ −14.7%. Use the arrow keys to read each point.−60%−50%−40%0%Jul 2026Sep 2026Nov 2026
Expense ratio
CONI 1.71%
SKHZ 0.75%, better
Fund size
CONI $10M
SKHZ $4M
1Y total return
CONI +11.2%
SKHZ No data
Yield (12M)
CONI 1.51%
SKHZ No data
Holdings
CONI 1
SKHZ 2
Avg volume (30D)
CONI 263K sh
SKHZ 1.9M sh, better
NAV per share
CONI $36.53
SKHZ $11.21
52W range

ETF.net Grade

CONI: Cost 7, Risk 56, Mission 95, Tradability 55, Holdings not scored, Durability 57. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for CONI, SKHZ, with each pillar’s weight
PillarCONISKHZ
Cost30% weightF7A100Higher
Mission25% weightA95Not scored
Risk15% weightB56A75Higher
Tradability15% weightB55A71Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB57HigherF20

Rank among Single-Stock Inverse funds

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

Same Category. CONI and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

CONI ranks 23rd and SKHZ 27th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 22BIREZTradr 2X Short IREN Daily ETFScore 55
  2. Rank 23CCONIGraniteShares 2x Short COIN Daily ETFScore 50
  3. Rank 23CMUZDefiance Daily Target 2X Short MU ETFScore 50
  4. Rank 27CRKLZDefiance Daily Target 2X Short RKLB ETFScore 40
  5. Rank 27ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 40
  6. Rank 27CTSMZDirexion Daily TSM Bear 1X ETFScore 40

Our read on each fund

ETF.net Research

CONICGraniteShares 2x Short COIN Daily ETF

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

CONI The heavier short on Coinbase. CONI aims for -2 times COIN's move each day, where most single-stock bear funds stop at -1x. Cost is 1.15% net of a waiver through December 31, 2026, and the exposure resets daily.

SKHZ No data

Stated mandate

CONI The Fund seeks daily inverse results equal to -2 times the daily percentage change of Coinbase Global Inc.

SKHZ No data

Why people hold it

  • CONI Aims for -2 times Coinbase's daily move, double the inverse exposure of the 1x bear funds that fill most of the single-stock shelf (AAPD, TSLS, SKHZ).
  • 1.15% net of a waiver through December 31, 2026, below the typical fee in its category. Gross is 2.11%.
  • Short Coinbase exposure inside a 1940 Act ETF: no margin account, no shares to locate and borrow, bought and sold like any stock.graniteshares.com
  • Has hewn closely to its stated daily -2x target since launching in 2024, one of the stronger implementations in its peer group.

SKHZ No data

Worth knowing

  • CONI The -2x applies to a single day. Hold longer and compounding can push results well away from -2x COIN's move over that stretch.
  • The waiver runs out December 31, 2026; gross is 2.11%, so the cost picture hinges on renewal.
  • A small fund and only moderately traded, so spreads and order timing matter more here than with the busiest bear funds.

SKHZ No data

Full CONI profile⁠

Full SKHZ profile⁠

CONI vs SKHZ Holdings

How CONI and SKHZ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CONI and 0.0% of SKHZ.

Level by level

  • Asset classLeveraged/Inverse, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for SKHZ.

Country, concentration and asset class

Country by domicile

Country weights in CONI and SKHZ, widest gap first
CountryMore in CONIMore in SKHZ
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • CONI199.9%
  • SKHZ200.0%

Securities held

  • CONI1
  • SKHZ1

Asset class

CONI
Leveraged/Inverse
SKHZ
Equity

Holdings

  • Only in CONI1
  • In both0
  • Only in SKHZ1

Only in CONI

1 security, 100% of CONI by weight

  • Coin199.92%

Only in SKHZ

1 security, 46.4% of SKHZ by weight

  • First American Treasury Obligations Fund 01/01/204046.40%

Weight gaps

CONI and SKHZ share no securities.

All 2 CONI holdings⁠All 4 SKHZ 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.

CONI vs SKHZ Cost

Overpaying CONI vs SKHZ

$14,693

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

  • CONI 1.71%

    $29,175

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • CONI 1.71%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530CONI $29,175SKHZ $14,482

Year by year

YearCONISKHZOverpaying
10$2,927$1,336$1,591
20$10,659$5,078$5,581
30$29,175$14,482$14,693

Expense ratio

  • 1.71%CONI
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

CONI 39th cheapest of 43 funds

CONI vs SKHZ Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
CONI 1.51%
SKHZ No data
Payout (12M)
CONI $0.60
SKHZ None
Last payment
CONI $0.60
SKHZ No data
Ex-dividend
CONI Dec 29, 2025
SKHZ No data
Paid on
CONI Dec 31, 2025
SKHZ No data
Frequency
CONI Annual
SKHZ No data

Distribution history

Per share, 2024 to 2026, same scale for both

CONIAnnual · 2 paymentsAll CONI payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 27, 2024 $3.29; Dec 29, 2025 $0.60. Use the arrow keys to read each point.$0$2.502026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

CONI vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CONI 112.3%since Oct 2024SKHZ No data
Return per unit of riskSharpe ratio, 3 years
CONI −0.46since Oct 2024SKHZ No data
Worst fallMax drawdown, 5 years
CONI −96.2%since Sep 2024SKHZ No data
Market sensitivityBeta, 5 years
CONI −4.23SKHZ 0.00

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