AAPU vs CONL
Direxion Daily AAPL Bull 2X ETF vs GraniteShares 2x Long COIN Daily ETF
Which is better, AAPU or CONL?
AAPU has been ahead.
AAPU has a lower expense ratio. AAPU 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 | AAPU | CONL |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.04% |
| AUM | $170M | $600M |
| Dividend Yield | 6.65% | 0.00% |
| Holdings | 22 | 2 |
| YTD Return | +42.47%Best | -69.46% |
| 1Y Return | +65.31%Best | -86.98% |
| 3Y Return (annualized) | +28.68%Best | -21.64% |
| Volatility (annualized) | 41.9%Best | 158.9% |
| Max Drawdown | -59.9%Best | -95.4% |
| $10,000 over 4.2 years | $21,877Best | $2,312 |
| Fund Family | Direxion Shares ETF Trust | 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).
AAPU 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.
AAPU vs CONL Performance
Direxion Daily AAPL Bull 2X ETF (AAPU) is an ETF from Direxion Shares ETF Trust and GraniteShares 2x Long COIN Daily ETF (CONL) is an ETF from GraniteShares. Over the past year AAPU returned +65.31% while CONL returned -86.98%. Year to date, AAPU is up 42.47% versus a loss of 69.46% for CONL.
Over three years, AAPU compounded at +28.68% per year against -21.64% for CONL. Across the full 4-year window we track, AAPU has the edge at +20.49% 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 41.9% for AAPU. 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 -59.9% for AAPU 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 0.20. They move largely independently of each other.
Fees and Cost Over Time
AAPU charges 0.97% per year while CONL charges 1.04%. On a $10,000 position that is $97 vs $104 annually, a gap of $7 per year that compounds over a long holding period. On income, AAPU currently yields 6.65% against 0.00% for CONL.
You are not choosing between two funds in isolation.
Whichever of AAPU 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, AAPU or CONL?
AAPU has an expense ratio of 0.97% while CONL charges 1.04%. AAPU is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, AAPU or CONL?
Over the past year AAPU returned +65.31% vs -86.98% for CONL, so AAPU leads on 1-year performance. Over the longest common window we track (4 years), AAPU annualized +20.49% vs -29.44% for CONL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPU or CONL?
CONL has been the more volatile fund at 158.9% annualized versus 41.9% for AAPU. Worst drawdown: AAPU -59.9% vs CONL -95.4%.
Should I hold both AAPU and CONL?
AAPU and CONL have a monthly-return correlation of 0.20, 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, AAPU or CONL?
AAPU yields 6.65% while CONL yields 0.00%, so AAPU currently pays the higher dividend yield.
Is CONL better than AAPU?
AAPU has a lower expense ratio. AAPU 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.