AAPB vs CONL
GraniteShares 2x Long AAPL Daily ETF vs GraniteShares 2x Long COIN Daily ETF
Which is better, AAPB or CONL?
AAPB has been ahead.
CONL has a lower expense ratio. AAPB led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAPB | CONL |
|---|---|---|
| Expense Ratio | 1.15% | 1.04%Best |
| AUM | $18M | $600M |
| Dividend Yield | 3.25% | 0.00% |
| Holdings | 4 | 2 |
| YTD Return | +43.66%Best | -69.46% |
| 1Y Return | +68.75%Best | -86.98% |
| 3Y Return (annualized) | +32.33%Best | -21.64% |
| Volatility (annualized) | 44.3%Best | 158.9% |
| Max Drawdown | -58.1%Best | -95.4% |
| $10,000 over 4.2 years | $22,760Best | $2,312 |
| Fund Family | GraniteShares | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Aug 9, 2022 | Aug 9, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Aug 9, 2022 to Oct 14, 2026 (4.2 years).
AAPB vs CONL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.2 years both funds cover.
AAPB vs CONL Performance
GraniteShares 2x Long AAPL Daily ETF (AAPB) is an ETF from GraniteShares and GraniteShares 2x Long COIN Daily ETF (CONL) is an ETF from GraniteShares. Over the past year AAPB returned +68.75% while CONL returned -86.98%. Year to date, AAPB is up 43.66% versus a loss of 69.46% for CONL.
Over three years, AAPB compounded at +32.33% per year against -21.64% for CONL. Across the full 4-year window we track, AAPB has the edge at +21.63% annualized vs -29.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CONL has been the more volatile fund, with annualized monthly volatility of 158.9% compared with 44.3% for AAPB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -58.1% for AAPB and -95.4% for CONL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
AAPB charges 1.15% per year while CONL charges 1.04%. On a $10,000 position that is $115 vs $104 annually, a gap of $11 per year that compounds over a long holding period. On income, AAPB currently yields 3.25% against 0.00% for CONL.
You are not choosing between two funds in isolation.
Whichever of AAPB and CONL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAPB or CONL?
AAPB has an expense ratio of 1.15% while CONL charges 1.04%. CONL is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, AAPB or CONL?
Over the past year AAPB returned +68.75% vs -86.98% for CONL, so AAPB leads on 1-year performance. Over the longest common window we track (4 years), AAPB annualized +21.63% vs -29.44% for CONL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPB or CONL?
CONL has been the more volatile fund at 158.9% annualized versus 44.3% for AAPB. Worst drawdown: AAPB -58.1% vs CONL -95.4%.
Should I hold both AAPB and CONL?
AAPB and CONL have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AAPB or CONL?
AAPB yields 3.25% while CONL yields 0.00%, so AAPB currently pays the higher dividend yield.
Is CONL better than AAPB?
CONL has a lower expense ratio. AAPB led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.