CONI vs ARWG

Comparison between GRANITESHARES 2X SHORT COIN DAILY ETF (CONI, ETF) and Archer Growth ETF (ARWG, ETF).

CONI vs ARWG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CONI(ETF)	ARWG(ETF)
Net Assets	$13M	$13M
Expense Ratio	N/A	0.85%
Max Drawdown	94.61%	12.92%
Sharpe Ratio	0.15	0.12
5Y Beta	-3.60	1.19
P/E Ratio	N/A	-249.52
Forward P/E	N/A	22.11
PEG Ratio	N/A	0.06
5Y EPS CAGR	N/A	21.92%
Debt to Equity	N/A	48.43%
P/S Ratio	N/A	1.78
P/B Ratio	N/A	3.87

Net Assets

CONI

$13M

ARWG

$13M

Expense Ratio

CONI

N/A

ARWG

0.85%

Max Drawdown

CONI

94.61%

Winner

ARWG

12.92%

Sharpe Ratio

Winner

CONI

0.15

ARWG

0.12

5Y Beta

Winner

CONI

-3.60

ARWG

1.19

P/E Ratio

CONI

N/A

ARWG

-249.52

Forward P/E

CONI

N/A

ARWG

22.11

PEG Ratio

CONI

N/A

ARWG

0.06

5Y EPS CAGR

CONI

N/A

ARWG

21.92%

Debt to Equity

CONI

N/A

ARWG

48.43%

P/S Ratio

CONI

N/A

ARWG

1.78

P/B Ratio

CONI

N/A

ARWG

3.87

CONI vs ARWG - Historical Returns

Returns include dividend reinvestment.

Period	CONI	ARWG
1 month	+33.99%	+1.66%
3 months	+6.05%	+6.48%
6 months	+15.19%	+1.69%
1 year	-49.72%	N/A
Max(CAGR)	-71.63%	+3.91%

Winner

CONI

+33.99%

ARWG

+1.66%

CONI

+6.05%

Winner

ARWG

+6.48%

Winner

CONI

+15.19%

ARWG

+1.69%

CONI

-49.72%

ARWG

N/A

Max(CAGR)

CONI

-71.63%

Winner

ARWG

+3.91%

CONI vs ARWG - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	CONI	ARWG
2026	-10.70%	+2.17%
2025	-69.77%	-0.57%
2024	-53.68%	N/A

CONI vs ARWG Drawdown Comparison

The maximum drawdown for CONI was -94.53%, occurring on Oct 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for ARWG was -12.79%, occurring on Mar 30, 2026. Recovery took 65 trading sessions.

The current CONI drawdown is -90.09%. The current ARWG drawdown is -4.54%.

Rank	CONI	ARWG
#1	-94.53% Sep 6, 2024 - Oct 8, 2025	-12.79% Feb 25, 2026 - May 29, 2026
#2	N/A	-5.27% Jun 2, 2026 - Jun 5, 2026
#3	N/A	-2.87% Jan 8, 2026 - Feb 6, 2026
#4	N/A	-2.13% Feb 9, 2026 - Feb 25, 2026
#5	N/A	-0.57% Dec 30, 2025 - Jan 5, 2026
#6	N/A	-0.06% Jan 6, 2026 - Jan 8, 2026

Correlation

Correlation between CONI and ARWG is -0.32 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.32

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