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CONI vs HDMV

Comparison between GRANITESHARES 2X SHORT COIN DAILY ETF (CONI, ETF) and FIRST TRUST HORIZON MANAGED VOLATILITY DEVELOPED INTERNATIONAL ETF (HDMV, ETF).

CONI vs HDMV - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CONI
$17M
Winner
HDMV
$17M
Expense Ratio
CONI
N/A
HDMV
0.80%
Max Drawdown
CONI
94.61%
Winner
HDMV
35.47%
Sharpe Ratio
CONI
0.31
Winner
HDMV
0.42
5Y Beta
Winner
CONI
-3.60
HDMV
0.35
5Y Dividends CAGR
CONI
N/A
HDMV
24.00%

CONI vs HDMV - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CONI
+46.80%
HDMV
-3.33%
3M
Winner
CONI
+28.06%
HDMV
-2.00%
6M
Winner
CONI
+27.67%
HDMV
+5.60%
1Y
CONI
-47.99%
Winner
HDMV
+8.08%
5Y(CAGR)
CONI
N/A
HDMV
+6.07%
10Y(CAGR)
CONI
N/A
HDMV
+5.22%
Max(CAGR)
CONI
-69.53%
Winner
HDMV
+5.22%

CONI vs HDMV - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

YearCONIHDMV
2026+2.22%+2.63%
2025-69.77%+29.47%
2024-53.68%+3.73%
2023N/A+9.20%
2022N/A-11.73%
2021N/A+6.50%
2020N/A-9.82%
2019N/A+15.28%
2018N/A-8.15%
2017N/A+27.37%
2016N/A-6.40%

CONI vs HDMV 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 HDMV was -32.01%, occurring on Mar 23, 2020. Recovery took 1153 trading sessions.

The current CONI drawdown is -88.66%. The current HDMV drawdown is -7.03%.

RankCONIHDMV
#1-94.53%
Sep 6, 2024 - Oct 8, 2025
-32.01%
Jan 17, 2020 - Aug 19, 2024
#2N/A-15.27%
Jan 26, 2018 - Dec 16, 2019
#3N/A-10.33%
Sep 24, 2024 - Mar 5, 2025
#4N/A-9.79%
Sep 7, 2016 - Mar 27, 2017
#5N/A-8.73%
Feb 27, 2026 - Mar 27, 2026
#6N/A-8.33%
Apr 3, 2025 - Apr 15, 2025
#7N/A-4.00%
Aug 22, 2025 - Dec 19, 2025
#8N/A-3.45%
Jul 23, 2025 - Aug 13, 2025
#9N/A-2.92%
May 6, 2025 - May 19, 2025
#10N/A-2.66%
Jun 2, 2017 - Jul 19, 2017
#11N/A-1.91%
Jun 12, 2025 - Jul 1, 2025
#12N/A-1.79%
Aug 3, 2017 - Sep 7, 2017
#13N/A-1.72%
Nov 8, 2017 - Nov 24, 2017
#14N/A-1.68%
Jul 2, 2025 - Jul 22, 2025
#15N/A-1.29%
Sep 11, 2017 - Oct 10, 2017

Correlation

Correlation between CONI and HDMV is -0.76 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.76
-101

Dividend Comparison (2016 - 2025)

CONI vs HDMV dividend yield comparison.

YearCONIHDMV
20250.87%5.09%
20241.39%3.24%
20230.00%3.14%
20220.00%3.53%
20210.00%3.11%
20200.00%1.45%
20190.00%3.63%
20180.00%2.88%
20170.00%3.23%
20160.00%0.18%

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