GraniteShares 2x Long COIN Daily ETF (CONL)
| Assets | $554.18M |
| Expense Ratio | 1.04% |
| PE Ratio | n/a |
| Shares Out | 60.62M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 11,202,330 |
| Open | 9.71 |
| Previous Close | 9.13 |
| Day's Range | 9.42 - 10.14 |
| 52-Week Low | 5.02 |
| 52-Week High | 72.35 |
| Beta | 6.96 |
| Holdings | 20 |
| Inception Date | Aug 9, 2022 |
About CONL
Fund Home PageThe GraniteShares 2x Long COIN Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is issued by GraniteShares.
Top 10 Holdings
271.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Coin Equity Swap | n/a | 81.18% |
| Cash & Cash Equivalents | n/a | 37.01% |
| Recv Long 2X Coin Gs1 | n/a | 30.22% |
| Recv Long 2X Coin Bmo1 | n/a | 26.75% |
| Coin Equity Swap 1 | n/a | 25.40% |
| Coin Equity Swap 2 | n/a | 20.93% |
| Coin Equity Swap 3 | n/a | 15.51% |
| Cash & Cash Equivalents | n/a | 12.38% |
| Cash & Cash Equivalents | n/a | 11.81% |
| Cash & Cash Equivalents | n/a | 9.92% |
Performance
CONL had a total return of -38.64% in the past year, including dividends. Since the fund's inception, the average annual return has been -21.24%.
News
CONL Displays Substantial Exposure To Bitcoin
CONL offers 2x daily leveraged exposure to Coinbase via swaps, amplifying both gains and losses for active traders. CONL may provide traders with exceptional exposure to bitcoin due to Coinbase's brok...
GraniteShares 2x Long COIN ETF: Fortune Favors The Brave
I rated CONL a 'sell' in August, but the fund has since delivered a 91% total return in just over 3 months. Despite CONL's past underperformance compared to Coinbase, the recent surge in digital asset...
GraniteShares 2x Long COIN ETF: Proof In The Pudding
COIN stock has declined since April, with CONL producing a negative 8x return against COIN as of 8/26/24. COIN is overvalued at 11x sales and faces poor seasonality in September, making it unattractiv...
GRANITESHARES HITS $6 BILLION AUM AS NVDL SURGES
Leveraged ETFs linked to NVDA ( NVDL) and COIN ( CONL) drive increased trading and AUM Trading volumes exceed $2.2 BILLION on softer CPI data (06/12/24) Rising demand for the firm's leveraged ETFs h...
A look at single-stock ETFs one year in
As single-stock exchange-traded funds cross their one-year mark, interest in the products remains correlated with the popularity of its underlying stock.