CONL vs MSOX

CONL vs MSOX

Which is better, CONL or MSOX?

Each has led over a different period.

MSOX has a lower expense ratio. CONL led over 3Y and the full window, MSOX over 1Y.

Lower Fees: MSOXHigher Returns: split

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

MetricCONLMSOX
Expense Ratio1.04%0.97%Best
AUM$600M$44M
Dividend Yield0.00%0.00%
Holdings215
YTD Return-69.46%-57.95%Best
1Y Return-86.98%-77.48%Best
3Y Return (annualized)-21.64%Best-71.96%
Volatility (annualized)158.9%Best161.3%
Max Drawdown-95.4%-
$10,000 over 4.1 years$3,269Best$35
Fund FamilyGraniteSharesAdvisorShares Trust
CategoryAlternativeAlternative
StyleTrading-Leveraged EquityTrading-Leveraged Equity
InceptionAug 9, 2022Aug 23, 2022

Not shown on this pair: 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 14, 2026 (4.1 years).

CONL vs MSOX 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 4.1 years both funds cover.

Compare CONL against instead:CONL vs SPYCONL vs QQQCONL vs VOOCONL vs VTIMSOX against:MSOX vs VXUS

CONL vs MSOX Performance

GraniteShares 2x Long COIN Daily ETF (CONL) is an ETF from GraniteShares and AdvisorShares MSOS Daily Leveraged ETF (MSOX) is an ETF from AdvisorShares Trust. Over the past year CONL returned -86.98% while MSOX returned -77.48%. Year to date, CONL is down 69.46% versus a loss of 57.95% for MSOX.

Over three years, CONL compounded at -21.64% per year against -71.96% for MSOX. Across the full 4-year window we track, CONL has the edge at -23.87% annualized vs -74.74%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MSOX has been the more volatile fund, with annualized monthly volatility of 161.3% compared with 158.9% for CONL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The two funds' monthly returns correlate at -0.09. They move largely independently of each other.

Fees and Cost Over Time

CONL charges 1.04% per year while MSOX charges 0.97%. On a $10,000 position that is $104 vs $97 annually, a gap of $7 per year that compounds over a long holding period. On income, CONL currently yields 0.00% against 0.00% for MSOX.

You are not choosing between two funds in isolation.

Whichever of CONL and MSOX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CONLMSOX

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CONL or MSOX?

CONL has an expense ratio of 1.04% while MSOX charges 0.97%. MSOX is the cheaper option, by $7 a year on a $10,000 investment.

Which performed better, CONL or MSOX?

Over the past year CONL returned -86.98% vs -77.48% for MSOX, so MSOX leads on 1-year performance. Over the longest common window we track (4 years), CONL annualized -23.87% vs -74.74% for MSOX. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CONL or MSOX?

MSOX has been the more volatile fund at 161.3% annualized versus 158.9% for CONL.

Should I hold both CONL and MSOX?

CONL and MSOX have a monthly-return correlation of -0.09, 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, CONL or MSOX?

CONL yields 0.00% while MSOX yields 0.00%, so MSOX currently pays the higher dividend yield.

Is MSOX better than CONL?

MSOX has a lower expense ratio. CONL led over 3Y and the full window, MSOX over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.