CONL — GraniteShares 2x Long COIN Daily ETF
GraniteShares 2x Long COIN Daily ETF (ticker: CONL) is a equity ETF issued by GraniteShares tracking Coinbase Global, Inc. Class A (150%). It was launched on 2022-08-09.
About CONL
The GraniteShares 2x Long COIN Daily ETF (CONL) is an equity-based fund that aims to provide 2x leveraged exposure to the daily performance of Coinbase Global, Inc. Class A. It falls under the Leveraged Equity: U.S. Financial Exchanges & Data segment and is managed by GraniteShares. The ETF was incepted on August 9, 2022.
CONL is designed for investors seeking magnified daily returns from Coinbase stock. The fund holds 2 assets and has an expense ratio of 1.04%. Given its leveraged nature, CONL is intended for short-term trading and may not be suitable for long-term investors.
- Aims for 2x leveraged daily exposure to Coinbase Global, Inc. Class A.
- Categorized as a Leveraged Equities ETF with a focus on the Cryptocurrency sector.
- Total expense ratio is 1.04%.
- Holds 2 securities, with top holdings including COIN and US Dollars.
- Intended for investors seeking short-term, magnified exposure to the daily performance of Coinbase stock.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 12.50% |
| 1 Week | -22.86% |
| 1 Month | -38.78% |
| 3 Months | -42.12% |
| 6 Months | -75.43% |
| YTD | -63.14% |
| 1 Year | -78.54% |
| 3 Years | -22.67% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | Coinbase Global Inc | COIN | 202.30% |
| 2 | Coinbase Global Inc | COIN | 202.30% |
| 3 | Coinbase Global Inc | COIN | 202.30% |
| 4 | Coinbase Global Inc | COIN | 202.30% |
| 5 | COIN | COIN | 200.93% |
| 6 | COIN | COIN | 200.93% |
| 7 | COIN | COIN | 200.93% |
| 8 | COIN | COIN | 200.93% |
| 9 | COIN | COIN | 200.93% |
| 10 | COIN | COIN | 200.61% |
Fund Profile
| Issuer | GraniteShares |
|---|---|
| Brand | GraniteShares |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Financial Exchanges & Data |
| Sector | Cryptocurrency |
| Region | North America |
| Index Tracked | Coinbase Global, Inc. Class A (150%) |
| Inception Date | 2022-08-09 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | CONL |
|---|---|
| Full Name | GraniteShares 2x Long COIN Daily ETF |
| Issuer | GraniteShares |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $530.96M |
| Inception | 2022-08-09 |
| Index Tracked | Coinbase Global, Inc. Class A (150%) |
Frequently Asked Questions
What does CONL track?
CONL (GraniteShares 2x Long COIN Daily ETF) tracks Coinbase Global, Inc. Class A (150%), a equity benchmark.
What is the expense ratio of CONL?
CONL has an expense ratio of 0.01% per year.
What is the AUM of CONL?
CONL has approximately $530.96M in assets under management.
Does CONL pay a dividend?
CONL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues CONL?
CONL is issued by GraniteShares, launched on 2022-08-09.
Open the interactive CONL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.